Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Norway - 2024
Contents:
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Norway (CIF) - 2022
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Norway (FOB) - 2022
- Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Norway
- Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Norway
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Norway (CIF) - 2022
In 2022, the average import price for wadding; other articles thereof, other than of cotton or man-made fibreses amounted to $7,245 per ton, falling by -19.9% against the previous year. Over the period under review, the import price recorded a noticeable reduction. The most prominent rate of growth was recorded in 2017 an increase of 29% against the previous year. As a result, import price attained the peak level of $10,556 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($47,167 per ton), while the price for Sweden ($5,059 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Norway (FOB) - 2022
The average export price for wadding; other articles thereof, other than of cotton or man-made fibreses stood at $21,405 per ton in 2022, rising by 323% against the previous year. Overall, the export price showed resilient growth. The growth pace was the most rapid in 2014 an increase of 1,954%. As a result, the export price reached the peak level of $66,152 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($49,912 per ton), while the average price for exports to Faroe Islands ($11,728 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 Lithuania (+9.2%), while the prices for the other major destinations experienced a decline.
Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Norway
Imports of wadding; other articles thereof, other than of cotton or man-made fibreses into Norway expanded sharply to 22 tons in 2022, picking up by 8.6% on the year before. The total import volume increased at an average annual rate of +14.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 44%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of wadding; other articles thereof, other than of cotton or man-made fibreses shrank to $159K in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +10.5% 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 +34.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 33%.
| Import of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 36.3 | 36.6 | 69.1 | 54.1 | 14.2% |
| China | 35.8 | 51.9 | 9.0 | 33.9 | -1.8% |
| Netherlands | 0.3 | 1.1 | 0.8 | 32.7 | 377.7% |
| Germany | 15.0 | 14.0 | 18.1 | 12.7 | -5.4% |
| United States | 15.8 | 15.5 | 50.6 | 12.4 | -7.8% |
| Poland | 5.4 | 7.4 | 1.9 | 2.0 | -28.2% |
| Others | 9.0 | 30.0 | 33.1 | 11.0 | 6.9% |
| Total | 118 | 157 | 182 | 159 | 10.5% |
Top Suppliers of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres to Norway in 2022:
- Sweden (10.7 tons)
- Netherlands (4.9 tons)
- China (4.6 tons)
- Germany (0.8 tons)
- United States (0.3 tons)
- Poland (0.1 tons)
Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Norway
In 2022, exports of wadding; other articles thereof, other than of cotton or man-made fibreses from Norway stood at 343 kg, almost unchanged from 2021. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 183% against the previous year. As a result, the exports reached the peak of 529 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of wadding; other articles thereof, other than of cotton or man-made fibreses skyrocketed to $7.3K in 2022. Overall, exports, however, recorded a perceptible contraction.
| Export of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Faroe Islands | N/A | N/A | N/A | 2.9 | 0% |
| United Kingdom | N/A | N/A | N/A | 2.8 | 0% |
| Sweden | 5.8 | 0.8 | N/A | 1.7 | -33.6% |
| Serbia | N/A | 2.5 | N/A | N/A | 0% |
| Finland | 1.9 | N/A | N/A | N/A | 0% |
| Italy | N/A | N/A | 1.7 | N/A | 0% |
| Others | 0.6 | N/A | N/A | N/A | 0% |
| Total | 8.3 | 3.3 | 1.7 | 7.3 | -4.2% |
Top Export Markets for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres from Norway in 2022:
- Faroe Islands (243.0 kg)
- United Kingdom (66.0 kg)
- Sweden (34.0 kg)
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