Report Update: May 1, 2024

Norway - Expanded Clays - Market Analysis, Forecast, Size, Trends And Insights

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Expanded Clays Price in Norway - 2023

Expanded Clays Price in Norway (FOB) - 2023

The average expanded clays export price stood at $808 per ton in August 2023, waning by -17.7% against the previous month. Over the period under review, the export price, however, posted a prominent increase. The most prominent rate of growth was recorded in July 2023 an increase of 140% m-o-m. As a result, the export price reached the peak level of $982 per ton, and then fell remarkably in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Spain ($1,333 per ton), while the average price for exports to Sweden ($226 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Expanded Clays Price in Norway (CIF) - 2023

In August 2023, the average expanded clays import price amounted to $286 per ton, reducing by -33.4% against the previous month. In general, the import price saw a abrupt contraction. The pace of growth was the most pronounced in December 2022 when the average import price increased by 48% against the previous month. Over the period under review, average import prices hit record highs at $763 per ton in April 2023; however, from May 2023 to August 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($2,419 per ton), while the price for Estonia ($199 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 Sweden (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Expanded Clays Exports in Norway

In 2022, exports of exfoliated vermiculite, expanded clays and foamed slag from Norway amounted to 35K tons, increasing by 2.4% against the previous year. The total export volume increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 16%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, expanded clays exports rose slightly to $7.8M in 2022. The total export value increased at an average annual rate of +7.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 30%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Expanded Clays in Norway (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Sweden	2,166	2,096	3,964	3,917	21.8%
United Kingdom	1,474	1,205	360	928	-14.3%
Algeria	678	170	850	839	7.4%
France	246	302	592	585	33.5%
South Korea	81.0	202	256	253	46.2%
Spain	51.8	319	85.6	140	39.3%
Others	1,584	1,414	1,331	1,143	-10.3%
Total	6,281	5,708	7,438	7,805	7.5%

Top Export Markets for Expanded Clays from Norway in 2022:

Sweden (22.7K tons)
United Kingdom (7.2K tons)
Algeria (1.5K tons)
France (1.0K tons)
South Korea (0.7K tons)
Spain (0.5K tons)

Expanded Clays Imports in Norway

In 2022, overseas purchases of exfoliated vermiculite, expanded clays and foamed slag decreased by -33.7% to 10K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 55% against the previous year. As a result, imports reached the peak of 15K tons, and then dropped significantly in the following year.

In value terms, expanded clays imports contracted dramatically to $4.8M in 2022. Over the period under review, imports, however, saw a mild increase. The pace of growth appeared the most rapid in 2021 with an increase of 19% against the previous year. As a result, imports reached the peak of $6M, and then contracted rapidly in the following year.

Import of Expanded Clays in Norway (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Denmark	1,034	1,567	1,990	1,607	15.8%
United Kingdom	2,114	1,789	1,655	1,473	-11.3%
United States	499	436	752	607	6.7%
Netherlands	281	442	594	480	19.5%
Sweden	341	383	442	357	1.5%
Others	416	439	581	301	-10.2%
Total	4,685	5,056	6,013	4,824	1.0%

Top Suppliers of Expanded Clays to Norway in 2022:

Denmark (8.7K tons)
United Kingdom (0.5K tons)
Sweden (0.5K tons)
United States (0.2K tons)
Netherlands (0.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the expanded clays 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 23991920 - Exfoliated vermiculite, expanded clays, foamed slag and similar expanded mineral materials and mixtures thereof

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023