Norway: Market for Tube Or Pipe Fittings Of Non-Malleable Cast Iron 2020

Market Size for Tube Or Pipe Fittings Of Non-Malleable Cast Iron in Norway

The revenue of the market for tube or pipe fittings of non-malleable cast iron in Norway amounted to $X in 2018, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total market indicated a mild increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, consumption of tube or pipe fittings of non-malleable cast iron increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Consumption of tube or pipe fittings of non-malleable cast iron peaked at $X in 2009; however, from 2010 to 2018, consumption stood at a somewhat lower figure.

Exports of Tube Or Pipe Fittings Of Non-Malleable Cast Iron

Exports from Norway

In 2018, the exports of tube or pipe fittings of non-malleable cast iron from Norway totaled X tons, going down by -X% against the previous year. Over the period under review, exports of tube or pipe fittings of non-malleable cast iron continue to indicate a drastic reduction. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Exports peaked at X tons in 2008; however, from 2009 to 2018, exports stood at a somewhat lower figure.

In value terms, exports of tube or pipe fittings of non-malleable cast iron totaled $X in 2018. In general, exports of tube or pipe fittings of non-malleable cast iron continue to indicate a deep drop. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Exports peaked at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Sweden (X tons), Denmark (X tons) and Faroe Islands (X tons) were the main destinations of exports of tube or pipe fittings of non-malleable cast iron from Norway, with a combined X% share of total exports. These countries were followed by China, the U.S., Germany, the United Arab Emirates, Hungary, the UK and Singapore, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by the U.S., while the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Sweden ($X) and Germany ($X) appeared to be the largest markets for non-malleable cast iron pipe fittings exported from Norway worldwide, with a combined X% share of total exports. These countries were followed by China, the U.S., Singapore, the UK, the United Arab Emirates, Hungary and Faroe Islands, which together accounted for a further X the main countries of destination, the U.S. recorded the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average export price for tube or pipe fittings of non-malleable cast iron amounted to $X per ton, shrinking by -X% against the previous year. In general, the export price for tube or pipe fittings of non-malleable cast iron continues to indicate a deep deduction. The most prominent rate of growth was recorded in 2010 an increase of X% year-to-year. In that year, the average export prices for tube or pipe fittings of non-malleable cast iron attained their peak level of $X per ton. From 2011 to 2018, the growth in terms of the average export prices for tube or pipe fittings of non-malleable cast iron failed to regain its momentum.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Singapore ($X per ton), while the average price for exports to Faroe Islands ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Denmark, while the prices for the other major destinations experienced a decline.

Imports of Tube Or Pipe Fittings Of Non-Malleable Cast Iron

Imports into Norway

In 2018, approx. X tons of tube or pipe fittings of non-malleable cast iron were imported into Norway; rising by X% against the previous year. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. In that year, imports of tube or pipe fittings of non-malleable cast iron attained their peak of X tons. From 2009 to 2018, the growth of imports of tube or pipe fittings of non-malleable cast iron remained at a somewhat lower figure.

In value terms, imports of tube or pipe fittings of non-malleable cast iron totaled $X in 2018. Overall, imports of tube or pipe fittings of non-malleable cast iron continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 when imports increased by X% against the previous year. Imports peaked at $X in 2009; however, from 2010 to 2018, imports remained at a lower figure.

Imports by Country

China (X tons), Germany (X tons) and France (X tons) were the main suppliers of imports of tube or pipe fittings of non-malleable cast iron to Norway, with a combined X% share of total imports. These countries were followed by the Netherlands, Austria, Italy, Sweden and Finland, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Austria, while the other leaders experienced more modest paces of growth.

In value terms, the largest non-malleable cast iron pipe fittings suppliers to Norway were Germany ($X), China ($X) and Italy ($X), with a combined X% share of total imports.

China recorded the highest rates of growth with regard to imports, in terms of the main suppliers over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for tube or pipe fittings of non-malleable cast iron stood at $X per ton in 2018, surging by X% against the previous year. In general, the import price for tube or pipe fittings of non-malleable cast iron, however, continues to indicate a slight drop. The growth pace was the most rapid in 2009 when the average import price increased by X% y-o-y. In that year, the average import prices for tube or pipe fittings of non-malleable cast iron reached their peak level of $X per ton. From 2010 to 2018, the growth in terms of the average import prices for tube or pipe fittings of non-malleable cast iron remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform