Norway - Esters Of Acrylic Acid - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAcrylic Acid Esters Price in Norway - 2023
Contents:
- Acrylic Acid Esters Price in Norway (CIF) - 2023
- Acrylic Acid Esters Price in Norway (FOB) - 2022
- Acrylic Acid Esters Imports in Norway
- Acrylic Acid Esters Exports in Norway
Acrylic Acid Esters Price in Norway (CIF) - 2023
The average acrylic acid esters import price stood at $1,845 per ton in August 2023, shrinking by -25.4% against the previous month. Overall, the import price saw a abrupt setback. The growth pace was the most rapid in May 2023 an increase of 61% m-o-m. The import price peaked at $5,895 per ton in September 2022; however, from October 2022 to August 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the country with the highest price was the Netherlands ($2,074 per ton), while the price for Belgium ($1,512 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (0.0%), while the prices for the other major suppliers experienced a decline.
Acrylic Acid Esters Price in Norway (FOB) - 2022
In 2022, the average acrylic acid esters export price amounted to $3,306 per ton, dropping by -44.9% against the previous year. Over the period under review, the export price, however, enjoyed a tangible increase. The pace of growth appeared the most rapid in 2015 an increase of 152% against the previous year. Over the period under review, the average export prices attained the peak figure at $7,135 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($5,597 per ton), while the average price for exports to the Netherlands ($2,447 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 Switzerland (+48.9%), while the prices for the other major destinations experienced mixed trend patterns.
Acrylic Acid Esters Imports in Norway
In 2022, approx. 1K tons of esters of acrylic acid were imported into Norway; shrinking by -24.5% against 2021 figures. Overall, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 7% against the previous year. As a result, imports attained the peak of 1.4K tons, and then contracted markedly in the following year.
In value terms, acrylic acid esters imports shrank significantly to $3.6M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +8.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +27.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 51% against the previous year. As a result, imports reached the peak of $4.3M, and then dropped markedly in the following year.
| Import of Acrylic Acid Esters in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1,378 | 1,080 | 1,424 | 1,731 | 7.9% |
| Belgium | 465 | 207 | 753 | 672 | 13.1% |
| United Kingdom | 307 | 149 | 460 | 496 | 17.3% |
| Germany | 47.3 | 51.7 | 109 | 425 | 107.9% |
| Taiwan (Chinese) | 53.2 | 49.6 | 273 | 238 | 64.8% |
| China | 54.3 | 35.0 | 42.9 | 75.6 | 11.7% |
| Japan | 203 | 747 | 238 | 0.3 | -88.6% |
| France | 98.0 | 53.7 | 52.5 | 0.2 | -87.3% |
| Finland | 93.9 | 58.8 | 70.8 | N/A | -13.2% |
| Others | 191 | 436 | 898 | 9.1 | -63.7% |
| Total | 2,891 | 2,868 | 4,321 | 3,648 | 8.1% |
Top Suppliers of Acrylic Acid Esters to Norway in 2022:
- Netherlands (487.9 tons)
- Belgium (190.6 tons)
- United Kingdom (179.7 tons)
- Germany (110.6 tons)
- Taiwan (Chinese) (33.6 tons)
- China (27.2 tons)
- Japan (0.1 tons)
- France (0.1 tons)
Acrylic Acid Esters Exports in Norway
In 2022, the amount of esters of acrylic acid exported from Norway skyrocketed to 4 tons, rising by 595% on 2021 figures. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,500%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, acrylic acid esters exports skyrocketed to $13K in 2022. Overall, exports saw significant growth. The growth pace was the most rapid in 2020 with an increase of 1,824%. As a result, the exports attained the peak of $23K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Acrylic Acid Esters in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.4 | 0.6 | 0.2 | 7.0 | 159.6% |
| Belgium | 0.8 | 0.9 | 0.2 | 4.4 | 76.5% |
| Spain | N/A | N/A | 0.8 | 0.8 | 0.0% |
| Germany | N/A | 10.7 | 0.2 | N/A | -98.1% |
| Sweden | N/A | N/A | 0.3 | N/A | 0% |
| Others | N/A | 10.7 | 1.6 | 0.8 | -72.7% |
| Total | 1.2 | 22.8 | 3.4 | 13.1 | 121.8% |
Top Export Markets for Acrylic Acid Esters from Norway in 2022:
- Netherlands (2865.0 kg)
- Belgium (803.0 kg)
- Spain (149.0 kg)
This report provides an in-depth analysis of the acrylic acid esters market in Norway. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20143320 - Esters of acrylic acid
Country coverage:
- Norway
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Norway
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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