Norway - Furniture Of Plastic - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Norway - Furniture Of Plastic - Market Analysis, Forecast, Size, Trends and Insights

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Plastic Furniture Price in Norway - 2023

Contents:

  1. Plastic Furniture Price in Norway (CIF) - 2023
  2. Plastic Furniture Price in Norway (FOB) - 2022
  3. Plastic Furniture Imports in Norway
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
China3.23.23.34.713.7%
Israel2.31.93.43.717.2%
Poland1.50.91.72.111.9%
Netherlands0.70.60.91.322.9%
Italy0.82.01.41.317.6%
Sweden0.80.91.01.317.6%
Germany0.81.20.61.214.5%
United Kingdom1.01.41.20.8-7.2%
Denmark0.90.70.90.6-12.6%
Turkey0.30.40.20.410.1%
Vietnam0.50.50.10.2-26.3%
Others1.71.31.81.6-2.0%
Total14.415.116.619.19.9%

Top Suppliers of Plastic Furniture to Norway in 2022:

  1. China (332.7K units)
  2. Israel (314.6K units)
  3. Poland (155.6K units)
  4. Italy (69.6K units)
  5. Netherlands (55.6K units)
  6. Sweden (43.7K units)
  7. Germany (37.8K units)
  8. Turkey (21.9K units)
  9. Denmark (14.5K units)
  10. Vietnam (11.0K units)
  11. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden47871165970713.9%
Denmark29.622.421.411657.7%
United Kingdom5.41.511141.797.7%
Finland80.43.44.12.1-70.3%
Others20065.376.265.4-31.1%
Total7938038729325.5%

Top Export Markets for Plastic Furniture from Norway in 2022:

  1. Finland (undefinedK units)
  2. Sweden (37.2K units)
  3. Denmark (2.4K units)
  4. United Kingdom (0.7K units)

Source: IndexBox Market Intelligence Platform

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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