Report Update Nov 1, 2024

Norway - Wooden Frames for Paintings, Photographs, Mirrors or Similar Objects - Market Analysis, Forecast, Size, Trends and Insights

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Norway: Wooden Frame Market 2024

Wooden Frame Market Size in Norway

In 2022, after two years of growth, there was decline in the Norwegian wooden frame market, when its value decreased by -4.9% to $X. In general, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then fell in the following year.

Wooden Frame Production in Norway

In value terms, wooden frame production fell to $X in 2022 estimated in export price. In general, production faced a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 8.2%. Wooden frame production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Wooden Frame Exports

Exports from Norway

After two years of growth, shipments abroad of wooden frames for paintings, photographs, mirrors or similar objects decreased by -52.1% to X units in 2022. Overall, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2018 when exports increased by 52% against the previous year. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, wooden frame exports shrank remarkably to $X in 2022. Over the period under review, exports showed a noticeable contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 77%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Sweden (X units) was the main destination for wooden frame exports from Norway, with a approx. 97% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Sweden totaled -8.5%.

In value terms, Sweden ($X) also remains the key foreign market for wooden frames for paintings, photographs, mirrors or similar objects exports from Norway.

From 2012 to 2022, the average annual rate of growth in terms of value to Sweden totaled -3.3%.

Export Prices by Country

The average wooden frame export price stood at $X per unit in 2022, jumping by 16% against the previous year. In general, the export price showed prominent growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 109% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Sweden.

From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to +12.6% per year.

Wooden Frame Imports

Imports into Norway

After three years of growth, purchases abroad of wooden frames for paintings, photographs, mirrors or similar objects decreased by -3% to X units in 2022. Overall, imports continue to indicate a noticeable decline. The most prominent rate of growth was recorded in 2021 with an increase of 9.7%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, wooden frame imports declined to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 19%. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

China (X units), Poland (X units) and Latvia (X units) were the main suppliers of wooden frame imports to Norway, with a combined 77% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Latvia (with a CAGR of +66.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of wooden frames for paintings, photographs, mirrors or similar objects to Norway, comprising 33% of total imports. The second position in the ranking was taken by Poland ($X), with a 16% share of total imports. It was followed by Estonia, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from China stood at -1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+2.1% per year) and Estonia (+70.4% per year).

Import Prices by Country

In 2022, the average wooden frame import price amounted to $X per unit, reducing by -3.1% against the previous year. In general, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wooden frame import price increased by +59.5% against 2015 indices. The most prominent rate of growth was recorded in 2018 an increase of 18%. Over the period under review, average import prices hit record highs at $X per unit in 2021, and then dropped in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Estonia ($X per unit), while the price for Latvia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wooden frames for paintings, photographs, mirrors or similar objects in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 52% share of global consumption. These countries were followed by the UK, Pakistan, Indonesia, Brazil, Mexico, Poland, Canada and Iran, which together accounted for a further 23%.

What are the largest producers of wooden frames for paintings, photographs, mirrors or similar objects in the world?

The country with the largest volume of wooden frame production was China, comprising approx. 41% of total volume. Moreover, wooden frame production in China exceeded the figures recorded by the second-largest producer, India, fivefold. The third position in this ranking was occupied by the United States, with a 5.8% share.

What are the leading suppliers of wooden frames for paintings, photographs, mirrors or similar objects to Norway?

In value terms, the largest wooden frame suppliers to Norway were China, Poland and Sweden, together accounting for 60% of total imports. These countries were followed by the UK, Denmark, Latvia and Lithuania, which together accounted for a further 26%.

What are the leading importers of wooden frames for paintings, photographs, mirrors or similar objects from Norway?

In value terms, Sweden remains the key foreign market for wooden frame exports from Norway, comprising 87% of total exports. The second position in the ranking was occupied by Estonia, with a 5.1% share of total exports. It was followed by France, with a 0.8% share.

What is the average export price for wooden frames for paintings, photographs, mirrors or similar objects in Norway?

The average wooden frame export price stood at $12 per unit in 2021, rising by 11% against the previous year.

What is the average import price for wooden frames for paintings, photographs, mirrors or similar objects in Norway?

The average wooden frame import price stood at $5.5 per unit in 2021, shrinking by -3.6% against the previous year.

This report provides an in-depth analysis of the wooden frame market in Norway. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 16291420 - Wooden frames for paintings, photographs, mirrors or similar objects

Country coverage:

Norway

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Norway
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023