Updated Jan 9, 2023 19:42

Horsehair Imports in Norway

Imports
Horsehair imports into Norway skyrocketed to kg in , increasing by % against . Overall, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2011 with an increase of %. Imports peaked in and are expected to retain growth in years to come.

In value terms, horsehair imports skyrocketed to $ in . In general, imports showed significant growth. The pace of growth was the most pronounced in 2011 when imports increased by %. Imports peaked at $ in 2019; however, from to , imports failed to regain momentum.


Imports by Country
China ( kg), Italy ( kg) and Spain ( kg) were the main suppliers of horsehair imports to Norway, with a combined % share of total imports.

From 2007 to , the biggest increases were recorded for China (with a CAGR of +%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($) constituted the largest supplier of horsehair to Norway, comprising % of total imports. The second position in the ranking was taken by Italy ($), with a % share of total imports. It was followed by Spain, with an % share.

From 2007 to , the average annual growth rate of value from China stood at +%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+% per year) and Spain (+% per year).


Import Prices by Country
In , the average horsehair import price amounted to $ per ton, jumping by % against the previous year. Over the period under review, the import price saw temperate growth. Over the period under review, average import prices attained the maximum at $ per ton in 2019; however, from to , import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In , amid the top importers, the country with the highest price was China ($ per ton), while the price for Denmark ($ per ton) was amongst the lowest.

From 2007 to , the most notable rate of growth in terms of prices was attained by China (+%), while the prices for the other major suppliers experienced more modest paces of growth.