Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Norway - 2024

Contents:

  1. Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Norway (CIF) - 2022
  2. Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Norway (FOB) - 2022
  3. Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Norway
  4. Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Norway

Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Norway (CIF) - 2022

In 2022, the average import price for textile fabrics, rubberised; other than those of heading no. 5902s amounted to $4.1 per square meter, growing by 12% against the previous year. Over the last decade, it increased at an average annual rate of +3.9%. The pace of growth appeared the most rapid in 2013 an increase of 22% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

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 the UK ($6.5 per square meter), while the price for China ($2.2 per square meter) was amongst the lowest.

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

Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Norway (FOB) - 2022

In 2022, the average export price for textile fabrics, rubberised; other than those of heading no. 5902s amounted to $12 per square meter, remaining stable against the previous year. Overall, the export price saw a strong increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 73% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($22 per square meter), while the average price for exports to the Netherlands ($7.3 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+21.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Norway

After two years of decline, purchases abroad of textile fabrics, rubberised; other than those of heading no. 5902s increased by 5.9% to 2M square meters in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. Imports peaked at 2.1M square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of textile fabrics, rubberised; other than those of heading no. 5902s skyrocketed to $8.2M in 2022. The total import value increased at an average annual rate of +8.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom2,4722,5712,3193,61513.5%
United States8737989111,0074.9%
Germany54666871373810.6%
Italy43841751459010.4%
Indonesia2962122373435.0%
China349342409334-1.5%
Canada355273405296-5.9%
Others1,1491,0391,4171,2563.0%
Total6,4776,3206,9258,1798.1%

Top Suppliers of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 to Norway in 2022:

  1. United Kingdom (555.3K square meters)
  2. United States (379.0K square meters)
  3. Italy (203.9K square meters)
  4. Germany (154.9K square meters)
  5. China (150.5K square meters)
  6. Indonesia (123.0K square meters)
  7. Canada (103.2K square meters)

Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Norway

In 2022, approx. 328K square meters of textile fabrics, rubberised; other than those of heading no. 5902s were exported from Norway; jumping by 135% compared with the previous year's figure. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of textile fabrics, rubberised; other than those of heading no. 5902s soared to $4M in 2022. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States9.851.62681,177393.4%
Germany3.140.1342429417.2%
South KoreaN/A99.916536791.7%
Taiwan (Chinese)N/AN/A1.133230081.8%
Denmark13.651.354.6291177.6%
Sweden30920888.7237-8.5%
IrelandN/A80.912823369.7%
United Kingdom4.73.340.7120194.5%
CanadaN/A2.537.4119589.9%
Poland73.029.751.781.43.7%
BelgiumN/A36.431.856.624.7%
New ZealandN/AN/A24.549.5102.0%
Netherlands8.911.455.442.968.9%
Others22.3367410494180.8%
Total4459821,7004,031108.5%

Top Export Markets for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 from Norway in 2022:

  1. United States (89.3K square meters)
  2. Germany (30.4K square meters)
  3. Taiwan (Chinese) (29.6K square meters)
  4. Sweden (28.0K square meters)
  5. Ireland (27.8K square meters)
  6. South Korea (26.4K square meters)
  7. Denmark (18.1K square meters)
  8. Poland (9.6K square meters)
  9. Canada (6.2K square meters)
  10. Belgium (6.2K square meters)
  11. Netherlands (5.9K square meters)
  12. New Zealand (5.5K square meters)
  13. United Kingdom (5.4K square meters)

Source: IndexBox Market Intelligence Platform

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