Norway: Market for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings 2024

Market Size for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings in Norway

For the fourth year in a row, the Norwegian market for glaziers putty, grafting putty, other mastics and painters' fillings recorded decline in sales value, which decreased by X% to $X in 2022. In general, consumption recorded a perceptible contraction. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Exports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Exports from Norway

In 2022, the amount of glaziers putty, grafting putty, other mastics and painters' fillings exported from Norway declined slightly to X tons, dropping by X% on the year before. Over the period under review, exports, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2015 when exports increased by X%. Over the period under review, the exports of hit record highs at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of glaziers putty, grafting putty, other mastics and painters' fillings declined to $X in 2022. In general, exports, however, saw prominent growth. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at $X in 2021, and then fell in the following year.

Exports by Country

Sweden (X tons) was the main destination for exports of glaziers putty, grafting putty, other mastics and painters' fillings from Norway, accounting for a X% share of total exports. Moreover, exports of glaziers putty, grafting putty, other mastics and painters' fillings to Sweden exceeded the volume sent to the second major destination, Iceland (X tons), ninefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iceland (X% per year) and Denmark (X% per year).

In value terms, Sweden ($X) remains the key foreign market for glaziers putty, grafting putty, other mastics and painters' fillings exports from Norway, comprising X% of total exports. The second position in the ranking was held by Iceland ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Sweden totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iceland (X% per year) and Denmark (X% per year).

Export Prices by Country

In 2022, the average export price for glaziers putty, grafting putty, other mastics and painters' fillings amounted to $X per ton, waning by X% against the previous year. In general, the export price recorded a perceptible curtailment. The pace of growth was the most pronounced in 2020 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the 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 ($X per ton), while the average price for exports to Iceland ($X 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 Denmark (X%), while the prices for the other major destinations experienced a decline.

Imports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Imports into Norway

For the fourth consecutive year, Norway recorded decline in supplies from abroad of glaziers putty, grafting putty, other mastics and painters' fillings, which decreased by X% to X tons in 2022. In general, imports continue to indicate a noticeable descent. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of glaziers putty, grafting putty, other mastics and painters' fillings reached $X in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Sweden (X tons), Denmark (X tons) and Germany (X tons) were the main suppliers of imports of glaziers putty, grafting putty, other mastics and painters' fillings to Norway, together comprising X% of total imports. Switzerland, Belgium, the UK and the Netherlands lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Switzerland ($X) and Sweden ($X) constituted the largest glaziers, grafting putty and painters' filling suppliers to Norway, with a combined X% share of total imports. Germany, Belgium, the UK and the Netherlands lagged somewhat behind, together accounting for a further X%.

The UK, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for glaziers putty, grafting putty, other mastics and painters' fillings stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price continues to indicate a pronounced expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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