Norway - Alkyd Resins In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAlkyd Resins Price in Norway - 2023
Contents:
- Alkyd Resins Price in Norway (CIF) - 2023
- Alkyd Resins Price in Norway (FOB) - 2022
- Alkyd Resins Imports in Norway
- Alkyd Resins Exports in Norway
Alkyd Resins Price in Norway (CIF) - 2023
In September 2023, the average alkyd resins import price amounted to $2,879 per ton, shrinking by -7.9% against the previous month. Over the period under review, the import price continues to indicate a perceptible setback. The pace of growth was the most pronounced in December 2022 when the average import price increased by 11% m-o-m. As a result, import price attained the peak level of $4,109 per ton. From January 2023 to September 2023, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the countries with the highest prices were Germany ($3,329 per ton) and the Netherlands ($2,819 per ton), while the price for Egypt ($2,232 per ton) and Denmark ($2,369 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Australia (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Alkyd Resins Price in Norway (FOB) - 2022
The average alkyd resins export price stood at $1,832 per ton in 2022, rising by 12% against the previous year. In general, the export price, however, showed a slight reduction. The pace of growth was the most pronounced in 2018 an increase of 49%. As a result, the export price reached the peak level of $2,198 per ton. From 2019 to 2022, the average export prices remained at a somewhat 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 Spain ($3,216 per ton), while the average price for exports to Latvia ($138 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 Egypt (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Alkyd Resins Imports in Norway
In 2022, imports of alkyd resins in primary forms into Norway expanded remarkably to 3.7K tons, growing by 11% on 2021. The total import volume increased at an average annual rate of +8.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 14%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, alkyd resins imports skyrocketed to $13M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.6% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Alkyd Resins in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.7 | 6.9 | 6.0 | 6.4 | 3.9% |
| Austria | N/A | N/A | 0.5 | 2.1 | 320.0% |
| Netherlands | 1.2 | 1.2 | 1.4 | 1.0 | -5.9% |
| France | 0.1 | 0.1 | 0.1 | 1.0 | 115.4% |
| United Kingdom | 0.1 | 0.1 | 0.7 | 0.9 | 108.0% |
| Spain | N/A | N/A | N/A | 0.7 | 0% |
| Others | 0.2 | 0.3 | 0.4 | 0.4 | 26.0% |
| Total | 7.3 | 8.6 | 9.1 | 12.5 | 19.6% |
Top Suppliers of Alkyd Resins to Norway in 2022:
- Germany (1849.7 tons)
- Austria (499.1 tons)
- Netherlands (399.8 tons)
- United Kingdom (365.8 tons)
- France (310.0 tons)
- Spain (212.2 tons)
Alkyd Resins Exports in Norway
In 2022, overseas shipments of alkyd resins in primary forms decreased by -82.8% to 226 tons, falling for the second year in a row after two years of growth. Over the period under review, exports faced a precipitous descent. The most prominent rate of growth was recorded in 2020 with an increase of 6.6%. As a result, the exports reached the peak of 1.3K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, alkyd resins exports shrank rapidly to $414K in 2022. In general, exports faced a precipitous descent. The smallest decline of -0.5% was in 2021.
| Export of Alkyd Resins in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 299 | 286 | 288 | 273 | -3.0% |
| United Kingdom | 1,578 | 1,291 | 1,182 | 28.3 | -73.8% |
| Iceland | 167 | 172 | 112 | 16.6 | -53.7% |
| Indonesia | 13.1 | 7.7 | N/A | 16.4 | 7.8% |
| United Arab Emirates | 56.3 | 30.6 | 44.5 | 15.7 | -34.7% |
| Egypt | 81.1 | 56.9 | 11.3 | 14.4 | -43.8% |
| Latvia | N/A | N/A | 18.6 | 11.6 | -37.6% |
| Turkey | 110 | 137 | 230 | 7.5 | -59.1% |
| Russia | 90.2 | 55.4 | 189 | N/A | 44.8% |
| Others | 49.3 | 111 | 61.6 | 30.7 | -14.6% |
| Total | 2,443 | 2,148 | 2,137 | 414 | -44.7% |
Top Export Markets for Alkyd Resins from Norway in 2022:
- Spain (84.8 tons)
- Latvia (84.1 tons)
- United Kingdom (22.4 tons)
- Iceland (5.5 tons)
- Indonesia (5.4 tons)
- United Arab Emirates (5.4 tons)
- Egypt (4.5 tons)
- Turkey (2.7 tons)
This report provides an in-depth analysis of the alkyd resins 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 20164050 - Alkyd resins, in primary forms
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
-
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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