Norway - Furniture Of Plastic - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlastic Furniture Price in Norway - 2023
Contents:
- Plastic Furniture Price in Norway (CIF) - 2023
- Plastic Furniture Price in Norway (FOB) - 2022
- Plastic Furniture Imports in Norway
- Plastic Furniture Exports in Norway
Plastic Furniture Price in Norway (CIF) - 2023
The average plastic furniture import price stood at $22.6 per unit in September 2023, jumping by 25% against the previous month. Over the period under review, the import price, however, showed a mild decline. The pace of growth was the most pronounced in January 2023 when the average import price increased by 38% against the previous month. As a result, import price attained the peak level of $30.9 per unit. From February 2023 to September 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($78.0 per unit), while the price for Israel ($8.7 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Furniture Price in Norway (FOB) - 2022
In 2022, the average plastic furniture export price amounted to $22 per unit, rising by 8.2% against the previous year. Over the period under review, the export price, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2016 an increase of 58% against the previous year. The export price peaked at $58 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
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 UK ($58 per unit), while the average price for exports to Sweden ($19 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (-1.4%), while the prices for the other major destinations experienced a decline.
Plastic Furniture Imports in Norway
In 2022, plastic furniture imports into Norway skyrocketed to 1.1M units, rising by 17% compared with the year before. The total import volume increased at an average annual rate of +5.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, plastic furniture imports rose rapidly to $19M in 2022. The total import value increased at an average annual rate of +9.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Plastic Furniture in Norway (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.2 | 3.2 | 3.3 | 4.7 | 13.7% |
Israel | 2.3 | 1.9 | 3.4 | 3.7 | 17.2% |
Poland | 1.5 | 0.9 | 1.7 | 2.1 | 11.9% |
Netherlands | 0.7 | 0.6 | 0.9 | 1.3 | 22.9% |
Italy | 0.8 | 2.0 | 1.4 | 1.3 | 17.6% |
Sweden | 0.8 | 0.9 | 1.0 | 1.3 | 17.6% |
Germany | 0.8 | 1.2 | 0.6 | 1.2 | 14.5% |
United Kingdom | 1.0 | 1.4 | 1.2 | 0.8 | -7.2% |
Denmark | 0.9 | 0.7 | 0.9 | 0.6 | -12.6% |
Turkey | 0.3 | 0.4 | 0.2 | 0.4 | 10.1% |
Vietnam | 0.5 | 0.5 | 0.1 | 0.2 | -26.3% |
Others | 1.7 | 1.3 | 1.8 | 1.6 | -2.0% |
Total | 14.4 | 15.1 | 16.6 | 19.1 | 9.9% |
Top Suppliers of Plastic Furniture to Norway in 2022:
- China (332.7K units)
- Israel (314.6K units)
- Poland (155.6K units)
- Italy (69.6K units)
- Netherlands (55.6K units)
- Sweden (43.7K units)
- Germany (37.8K units)
- Turkey (21.9K units)
- Denmark (14.5K units)
- Vietnam (11.0K units)
- United Kingdom (10.3K units)
Plastic Furniture Exports in Norway
In 2022, shipments abroad of furniture of plastic decreased by -1.2% to 42K units for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +17.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 60%. The exports peaked at 42K units in 2021, and then declined in the following year.
In value terms, plastic furniture exports expanded markedly to $932K in 2022. The total export value increased at an average annual rate of +5.5% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 8.5%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.
Export of Plastic Furniture in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 478 | 711 | 659 | 707 | 13.9% |
Denmark | 29.6 | 22.4 | 21.4 | 116 | 57.7% |
United Kingdom | 5.4 | 1.5 | 111 | 41.7 | 97.7% |
Finland | 80.4 | 3.4 | 4.1 | 2.1 | -70.3% |
Others | 200 | 65.3 | 76.2 | 65.4 | -31.1% |
Total | 793 | 803 | 872 | 932 | 5.5% |
Top Export Markets for Plastic Furniture from Norway in 2022:
- Finland (undefinedK units)
- Sweden (37.2K units)
- Denmark (2.4K units)
- United Kingdom (0.7K units)
This report provides an in-depth analysis of the plastic furniture 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 31091430 - Furniture of plastics (excluding medical, surgical, dental or veterinary furniture - cases and cabinets specially designed for hi-fi systems, videos and televisions)
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
- Find deeper insights into current market developments
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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