Norway - Artificial Corundum - Market Analysis, Forecast, Size, Trends And Insights
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View PricingArtificial Corundum Price in Norway - 2023
Contents:
- Artificial Corundum Price in Norway (CIF) - 2022
- Artificial Corundum Price in Norway (FOB) - 2022
- Artificial Corundum Imports in Norway
- Artificial Corundum Exports in Norway
Artificial Corundum Price in Norway (CIF) - 2022
In 2022, the average artificial corundum import price amounted to $1,562 per ton, with an increase of 18% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2018 when the average import price increased by 19% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($2,174 per ton), while the price for Belgium ($1,292 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Artificial Corundum Price in Norway (FOB) - 2022
In 2022, the average artificial corundum export price amounted to $3,053 per ton, growing by 20% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, artificial corundum export price decreased by -23.7% against 2018 indices. The growth pace was the most rapid in 2018 when the average export price increased by 45%. As a result, the export price reached the peak level of $3,999 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($11,080 per ton), while the average price for exports to Romania ($2,330 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 the UK (+243.1%), while the prices for the other major destinations experienced more modest paces of growth.
Artificial Corundum Imports in Norway
Artificial corundum imports into Norway surged to 1.3K tons in 2022, picking up by 22% compared with the previous year. In general, imports, however, recorded a perceptible decline.
In value terms, artificial corundum imports skyrocketed to $2M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +5.0% 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 +95.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Artificial Corundum in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 223 | 174 | 300 | 915 | 60.1% |
France | 248 | 229 | 425 | 537 | 29.4% |
United Kingdom | 177 | 44.3 | 79.7 | 250 | 12.2% |
Ukraine | 521 | 76.6 | 115 | 139 | -35.6% |
Germany | 396 | 200 | 132 | 86.6 | -39.8% |
Belgium | 22.6 | 244 | 149 | 31.0 | 11.1% |
Others | 135 | 54.3 | 184 | 39.3 | -33.7% |
Total | 1,724 | 1,022 | 1,384 | 1,998 | 5.0% |
Top Suppliers of Artificial Corundum to Norway in 2022:
- China (670.1 tons)
- France (288.0 tons)
- United Kingdom (152.3 tons)
- Ukraine (89.0 tons)
- Germany (39.9 tons)
- Belgium (24.0 tons)
Artificial Corundum Exports in Norway
In 2022, artificial corundum exports from Norway dropped dramatically to 3 tons, with a decrease of -48.1% on the previous year's figure. Overall, exports showed a dramatic contraction. The growth pace was the most rapid in 2021 with an increase of 36% against the previous year.
In value terms, artificial corundum exports fell dramatically to $9.2K in 2022. In general, exports continue to indicate a dramatic shrinkage. The smallest decline of -3.2% was in 2021.
Export of Artificial Corundum in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 4.9 | 1.1 | 4.5 | 3.4 | -11.5% |
Romania | N/A | N/A | N/A | 2.8 | 0% |
Denmark | 4.5 | 1.9 | 4.1 | 1.8 | -26.3% |
Cyprus | N/A | N/A | 0.4 | 0.6 | 50.0% |
Poland | 21.9 | 0.1 | N/A | 0.3 | -76.1% |
Thailand | 34.9 | 11.3 | 5.6 | N/A | -59.9% |
United States | 8.4 | 0.2 | N/A | N/A | -97.6% |
Others | 4.1 | 0.8 | 0.1 | 0.3 | -58.2% |
Total | 78.6 | 15.3 | 14.8 | 9.2 | -51.1% |
Top Export Markets for Artificial Corundum from Norway in 2022:
- Sweden (1220.0 kg)
- Romania (1200.0 kg)
- Denmark (508.0 kg)
- Cyprus (59.0 kg)
- Poland (25.0 kg)
This report provides an in-depth analysis of the artificial corundum 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 23991500 - Artificial corundum (excluding mechanical mixtures)
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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