Norway's import of petroleum resins, coumarone, indene, and polyterpenes is projected to increase from USD 3.1248 million in 2024 to USD 3.3767 million in 2028. The forecasted figures show consistent year-on-year growth. In 2023, the import value was USD 3.0600 million, indicating a gradual upward trend with a year-on-year variation of approximately 2.12% from 2023 to 2024. The average annual growth rate over the five-year period (CAGR) is around 1.98%, reflecting steady demand for these products.
Future trends to watch for include potential shifts in global petroleum resin markets, regulatory changes affecting import policies, and advancements in alternative materials which could impact the demand for these specific resins in Norway. Moreover, fluctuations in global crude oil prices and economic conditions may also influence future import values.
