Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Norway - 2024

Contents:

1. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Norway (CIF) - 2024
2. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Norway (FOB) - 2022
3. Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Norway
4. Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Norway

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Norway (CIF) - 2024

In January 2024, the average import price for footwear; parts, outer soles and heels, of rubber or plasticses amounted to $49,838 per ton, falling by -13.8% against the previous month. In general, the import price saw a noticeable decrease. The pace of growth was the most pronounced in May 2023 when the average import price increased by 86% m-o-m. The import price peaked at $97,133 per ton in June 2023; however, from July 2023 to January 2024, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($84,042 per ton), while the price for Spain ($10,025 per ton) was amongst the lowest.

From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Italy (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Norway (FOB) - 2022

The average export price for footwear; parts, outer soles and heels, of rubber or plasticses stood at $55,167 per ton in 2022, with a decrease of -9.8% against the previous year. Overall, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2014 an increase of 71% against the previous year. As a result, the export price reached the peak level of $142,594 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($208,000 per ton), while the average price for exports to Italy ($30,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+2.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Norway

In 2022, the amount of footwear; parts, outer soles and heels, of rubber or plasticses imported into Norway declined significantly to 40 tons, shrinking by -20.1% compared with the year before. In general, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year.

In value terms, imports of footwear; parts, outer soles and heels, of rubber or plasticses fell to $2.3M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +10.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 50% against the previous year. As a result, imports attained the peak of $2.4M, and then dropped in the following year.

Top Suppliers of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics to Norway in 2022:

1. China (11.9 tons)
2. Sweden (8.9 tons)
3. Vietnam (5.6 tons)
4. Slovenia (5.0 tons)
5. Italy (2.3 tons)
6. Germany (1.3 tons)
7. Spain (1.1 tons)
8. Belgium (0.9 tons)

Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Norway

In 2022, shipments abroad of footwear; parts, outer soles and heels, of rubber or plasticses was finally on the rise to reach 216 kg after two years of decline. In general, exports, however, recorded a abrupt decrease.

In value terms, exports of footwear; parts, outer soles and heels, of rubber or plasticses reduced to $12K in 2022. Overall, exports, however, continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2020 with an increase of 29%. As a result, the exports reached the peak of $25K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics from Norway in 2022:

1. Estonia (103.0 kg)
2. Sweden (84.0 kg)
3. United States (12.0 kg)
4. Italy (8.0 kg)
5. Czech Republic (7.0 kg)
6. Denmark (1.0 kg)

Source: IndexBox Market Intelligence Platform