Norway: Particle Board Market 2024

Particle Board Market Size in Norway

The Norwegian particle board market declined significantly to $X in 2022, which is down by X% against the previous year. Overall, consumption continues to indicate a slight setback. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Particle Board Production in Norway

In value terms, particle board production amounted to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X%. Particle board production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

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Particle Board Exports

Exports from Norway

In 2022, after two years of growth, there was significant decline in overseas shipments of particle board, when their volume decreased by X% to X cubic meters. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports reached the maximum at X cubic meters in 2021, and then contracted in the following year.

In value terms, particle board exports amounted to $X in 2022. Over the period under review, total exports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Sweden (X cubic meters) was the main destination for particle board exports from Norway, with a X% share of total exports. Moreover, particle board exports to Sweden exceeded the volume sent to the second major destination, Denmark (X cubic meters), fivefold. The third position in this ranking was held by the Netherlands (X cubic meters), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Sweden was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (X% per year) and the Netherlands (X% per year).

In value terms, Sweden ($X) remains the key foreign market for particle board exports from Norway, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports. It was followed by Denmark, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Sweden was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Denmark (X% per year).

Export Prices by Country

The average particle board export price stood at $X per cubic meter in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per cubic meter), while the average price for exports to Sweden ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iceland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Particle Board Imports

Imports into Norway

Particle board imports into Norway declined sharply to X cubic meters in 2022, which is down by X% compared with 2021. Overall, imports saw a slight downturn. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of X cubic meters, and then shrank remarkably in the following year.

In value terms, particle board imports fell dramatically to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then shrank rapidly in the following year.

Imports by Country

Latvia (X cubic meters), the UK (X cubic meters) and Germany (X cubic meters) were the main suppliers of particle board imports to Norway, together comprising X% of total imports. Sweden, Poland, France, Russia, Denmark, Belgium and Estonia lagged somewhat behind, together comprising a further X%.

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

In value terms, Latvia ($X), the UK ($X) and Germany ($X) constituted the largest particle board suppliers to Norway, with a combined X% share of total imports. Sweden, Poland, France, Denmark, Russia, Belgium and Estonia lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Russia, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average particle board import price amounted to $X per cubic meter, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per cubic meter), while the price for Russia ($X per cubic meter) was amongst the lowest.

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

Source: IndexBox Platform

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