Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Norway - 2023

Contents:

1. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Norway (CIF) - 2022
2. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Norway (FOB) - 2022
3. Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Norway
4. Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Norway

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Norway (CIF) - 2022

The average import price for millstones, grindstones, grinding wheels and the like; of natural stones stood at $1.6 per unit in 2022, surging by 30% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 65% against the previous year. The import price peaked at $1.9 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Denmark ($9 per unit), while the price for Spain ($0.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Norway (FOB) - 2022

The average export price for millstones, grindstones, grinding wheels and the like; of natural stones stood at $3.9 per unit in 2022, increasing by 229% against the previous year. Overall, the export price posted a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 238% against the previous year. The export price peaked at $4.8 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

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 Italy ($28 per unit), while the average price for exports to Sweden stood at $1.6 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+35.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Norway

In 2022, imports of millstones, grindstones, grinding wheels and the like; of natural stones into Norway rose sharply to 117K units, picking up by 6.2% compared with the year before. In general, imports, however, recorded a abrupt slump. The pace of growth was the most pronounced in 2021 when imports increased by 38%. Imports peaked at 200K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of millstones, grindstones, grinding wheels and the like; of natural stones skyrocketed to $188K in 2022. Overall, imports, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 when imports increased by 44% against the previous year. Imports peaked at $262K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone to Norway in 2022:

1. China (60.8K units)
2. Sweden (15.5K units)
3. Spain (13.1K units)
4. Germany (7.7K units)
5. Denmark (3.7K units)
6. Switzerland (3.3K units)
7. Japan (3.2K units)
8. Italy (1.0K units)
9. Poland (0.3K units)

Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Norway

In 2022, overseas shipments of millstones, grindstones, grinding wheels and the like; of natural stones decreased by -86.6% to 811 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports faced a dramatic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 97% against the previous year. As a result, the exports attained the peak of 6K units, and then contracted sharply in the following year.

In value terms, exports of millstones, grindstones, grinding wheels and the like; of natural stones declined remarkably to $3.1K in 2022. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 396% against the previous year. As a result, the exports reached the peak of $7.7K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone from Norway in 2022:

1. Sweden (740.0 units)
2. Italy (71.0 units)

Source: IndexBox Market Intelligence Platform