Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Norway - 2024

Contents:

1. Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Norway (CIF) - 2022
2. Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Norway (FOB) - 2022
3. Imports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Norway
4. Exports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Norway

Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Norway (CIF) - 2022

In 2022, the average import price for fabrics, woven; from strip or the like, of synthetic textile materialses amounted to $0.7 per square meter, with an increase of 1.6% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 19% against the previous year. The import price peaked at $0.7 per square meter in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Italy ($2.7 per square meter), while the price for India ($0.4 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Norway (FOB) - 2022

The average export price for fabrics, woven; from strip or the like, of synthetic textile materialses stood at $2.4 per square meter in 2021, waning by -41.3% against the previous year. Overall, the export price, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2017 an increase of 1,510% against the previous year. The export price peaked at $4 per square meter in 2020, and then contracted dramatically in the following year.

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

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +7.6% per year.

Imports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Norway

In 2022, approx. 3.6M square meters of fabrics, woven; from strip or the like, of synthetic textile materialses were imported into Norway; with an increase of 15% on the previous year. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +10.8% 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 +65.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 44%. Over the period under review, imports of fabrics, woven; from strip or like, of synthetic textile materialses hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of fabrics, woven; from strip or the like, of synthetic textile materialses skyrocketed to $2.5M in 2022. Overall, imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 72% against the previous year. Over the period under review, imports of fabrics, woven; from strip or like, of synthetic textile materialses hit record highs in 2022 and are likely to see steady growth in years to come.

Top Suppliers of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials to Norway in 2022:

1. United Kingdom (1792.3K square meters)
2. Czech Republic (402.8K square meters)
3. India (386.7K square meters)
4. China (270.4K square meters)
5. Sweden (199.7K square meters)
6. Belgium (181.6K square meters)
7. France (65.4K square meters)
8. Netherlands (61.0K square meters)
9. Germany (30.0K square meters)
10. Italy (20.4K square meters)

Exports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Norway

Exports of fabrics, woven; from strip or the like, of synthetic textile materialses from Norway declined rapidly to 111 square meters in 2021, shrinking by -89.6% compared with the previous year. Over the period under review, exports showed a dramatic setback. The smallest decline of -43% was in 2020. The exports peaked at 1.9K square meters in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of fabrics, woven; from strip or the like, of synthetic textile materialses contracted dramatically to $263 in 2021. Overall, exports recorded a sharp curtailment. The growth pace was the most rapid in 2020 when exports increased by 535% against the previous year. As a result, the exports reached the peak of $4.3K, and then declined markedly in the following year.

Top Export Markets for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials from Norway in 2022:

1. Ghana (111.0 square meters)

Source: IndexBox Market Intelligence Platform