Earlier Report Observations
From 2018 to 2022, the Norwegian slate market experienced significant expansion, with its value increasing from 13 225 thousand USD to 24 962 thousand USD. The most pronounced surge occurred in 2020, when the market size jumped by over 40% to 19 162 thousand USD, setting the stage for further growth in the following two years.
After reaching its peak in 2022, the market entered a downturn. It contracted by 26.6% in 2023 to 18 328 thousand USD and fell a further 9.6% in 2024 to 16 562 thousand USD, marking a clear reversal of the previous upward trend.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In value
- 4.1.1.1. Production, 2018-2024
- 4.1.1.2. Imports, 2018-2025
- 4.1.1.3. Exports, 2018-2025
- 4.1.1.4. Market size, 2018-2024
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4.1.1. In value
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Norway
- 5.1.1. In kind, 2018-2022, K t
- 5.1.2. In value, 2018-2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, K t
- 5.2.2. In value, 2018-2024, K $ US
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5.1. Production in Norway
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from Norway in kind, 2018-2025, t
- 6.1.2.2. Dynamics of product's exports in kind from Norway by countries, 2018-2025, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Norway in value, 2018-2025, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Norway by countries, 2018-2025, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
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6.1.4. Average price of product's exports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's exports from Norway, 2018-2025, $ US/t
- 6.1.4.2. Dynamics of average price of product's exports from Norway by countries, 2018-2025, $ US/t
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from Norway in kind, 2018-2025, t
- 6.2.2.2. Dynamics of product's exports in kind from Norway by countries, 2018-2025, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Norway in value, 2018-2025, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Norway by countries, 2018-2025, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
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6.2.4. Average price of product's exports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's exports from Norway, 2018-2025, $ US/t
- 6.2.4.2. Dynamics of average price of product's exports from Norway by countries, 2018-2025, $ US/t
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to Norway in kind, 2018-2025, t
- 7.1.2.2. Dynamics of product's imports in kind to Norway by countries, 2018-2025, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Norway in value, 2018-2025, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Norway by countries, 2018-2025, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
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7.1.4. Average price of product's imports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's imports to Norway, 2018-2025, $ US/t
- 7.1.4.2. Dynamics of average price of product's imports to Norway by countries, 2018-2025, $ US/t
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to Norway in kind, 2018-2025, t
- 7.2.2.2. Dynamics of product's imports in kind to Norway by countries, 2018-2025, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Norway in value, 2018-2025, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Norway by countries, 2018-2025, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
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7.2.4. Average price of product's imports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's imports to Norway, 2018-2025, $ US/t
- 7.2.4.2. Dynamics of average price of product's imports to Norway by countries, 2018-2025, $ US/t
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2025
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production slate in Norway
In value, 2018-2021, K $ US
Norway's slate production value has grown for the third year in a row. In 2021, output reached 25 317 thousand US dollars, marking a sharp year-on-year increase of 27.5%. From 2018 to 2021, production rose by 77.8%, with a compound annual growth rate of 21.1%.
Annual dynamics of production in Norway in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 2.5% | 36.1% | 27.5% | 21.1% |
In kind, 2018-2021, K t
The market showed significant fluctuations during this period. Production hit its lowest point in 2019 at 120.1 thousand tonnes, then peaked in 2020 at 212.6 thousand tonnes—a 1.8-fold difference. In 2021, Norway produced 164.0 thousand tonnes of slate, representing a substantial decline of 22.8% compared to the previous year. The largest increase occurred in 2020, with a jump of 77.0%.
Annual dynamics of production in Norway in kind, 2018-2021, K t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (6.0%) | 77.0% | (22.8%) | 8.7% |
Exports slate from Norway
Exports in kind, t
In 2021, Norway's slate exports totaled 3 152 tonnes, reflecting a sharp increase of 61.2% compared to 2020. Over the period from 2018 to 2021, exports decreased by 9.3%, with a compound annual growth rate of -3.2%. The maximum value was recorded in 2019 at 4 454 tonnes, while the minimum was in 2020 at 1 956 tonnes. The largest decline occurred in 2020, dropping by 56.1%.
Annual dynamics of product's exports from Norway in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 28.2% | (56.1%) | 61.2% | (3.2%) |
From 2018 to 2021, Finland, the Netherlands, and Germany were the largest buyers of Norwegian slate by volume. Finland accounted for 29.0% of exports, the Netherlands for 22.2%, and Germany for 17.7%. Together, these three countries made up 68.9% of total exports in kind.
Structure of product's exports in kind by countries, 2018-2021
World map of product's exports from Norway in kind, 2018-2021
Exports in value, K $ US
In 2021, Norway's slate export value reached 2 059 thousand US dollars, indicating a significant improvement of 64.8% compared to the previous year. Between 2018 and 2021, exports increased by 24.7%, equating to an annualized growth rate of 7.6%. The maximum value was recorded in 2019 at 2 075 thousand US dollars, while the minimum was in 2020 at 1 250 thousand US dollars. The largest decline occurred in 2020, falling by 39.8%.
Annual dynamics of product's exports from Norway in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 25.7% | (39.8%) | 64.8% | 7.6% |
Throughout 2018 to 2021, Denmark, Finland, and the Netherlands formed the core group of markets for Norway's slate exports by value. Denmark accounted for 27.9% of exports, Finland for 22.8%, and the Netherlands for 13.9%. Together, these three countries represented 64.6% of total export flows in value terms.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Norway in value, 2018-2021
Imports slate to Norway
Imports in kind, t
Norway's slate imports have declined for the third consecutive year. In 2021, imports totaled 1 239 tonnes, which is 6.3% lower than in 2020. Between 2018 and 2021, imports decreased by 71.4%, equating to an annualized decline of 34.1%.
Annual dynamics of product's imports to Norway in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (51.0%) | (37.7%) | (6.3%) | (34.1%) |
From 2018 to 2021, Sweden was the primary source for Norway's slate imports by volume, accounting for 82.9% of total flows. Other markets played a much smaller role, forming a long tail of minor partners.
Structure of product's imports in kind by countries, 2018-2021
World map of product's imports to Norway in kind, 2018-2021
Imports in value, K $ US
The data reveals irregular changes, indicating a volatile market environment. Import values fluctuated significantly, with a two-fold difference between the low of 2020 and the high of 2019. In 2021, Norway imported 641 thousand US dollars worth of slate, up by 15.4% year-over-year. The minimum value was recorded in 2020 at 555 thousand US dollars, while the maximum was in 2019 at 1 123 thousand US dollars. The largest decline occurred in 2020, dropping by 50.5%, while the largest increase was in 2019, rising by 76.3%.
Annual dynamics of product's imports to Norway in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 76.3% | (50.5%) | 15.4% | 0.2% |
From 2018 to 2021, Norway's slate imports in value terms were largely oriented towards Sweden and China. Their combined share reached 83.0% of total flows, with other destinations playing a secondary role.
Structure of product's imports in value by countries, 2018-2021
World map of product's imports to Norway in value, 2018-2021
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