Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Norway - 2024

Contents:

1. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Norway (CIF) - 2022
2. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Norway (FOB) - 2022
3. Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Norway
4. Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Norway

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Norway (CIF) - 2022

In 2022, the average import price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses amounted to $4,413 per ton, shrinking by -19.5% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when the average import price increased by 33%. Over the period under review, average import prices reached the maximum at $5,483 per ton in 2021, and then fell remarkably in the following year.

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 Sweden ($17,460 per ton), while the price for Hong Kong SAR ($2,860 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Norway (FOB) - 2022

In 2022, the average export price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses amounted to $11,825 per ton, with a decrease of -40.9% against the previous year. Over the period under review, the export price, however, showed resilient growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 308%. As a result, the export price reached the peak level of $34,528 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($90,109 per ton), while the average price for exports to Sweden ($3,210 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 Belgium (+19.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Norway

In 2022, imports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses into Norway skyrocketed to 3.1K tons, growing by 65% against the previous year's figure. In general, imports enjoyed a notable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses surged to $14M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +7.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 33% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles to Norway in 2022:

1. China (2939.0 tons)
2. Switzerland (51.0 tons)
3. Sweden (46.8 tons)
4. Hong Kong SAR (0.8 tons)

Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Norway

Exports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses from Norway surged to 33 tons in 2022, picking up by 63% compared with 2021. Overall, exports enjoyed a strong increase. The growth pace was the most rapid in 2021 with an increase of 221% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses fell slightly to $385K in 2022. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 622% against the previous year. As a result, the exports reached the peak of $399K, and then dropped modestly in the following year.

Top Export Markets for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles from Norway in 2022:

1. Sweden (21.9 tons)
2. Denmark (8.0 tons)
3. United Kingdom (1.6 tons)
4. Belgium (0.8 tons)

Source: IndexBox Market Intelligence Platform