Norway - Ferro-Alloys - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFerro-Alloys Price in Norway - 2023
Contents:
- Ferro-Alloys Price in Norway (FOB) - 2022
- Ferro-Alloys Price in Norway (CIF) - 2022
- Ferro-Alloys Exports in Norway
- Ferro-Alloys Imports in Norway
Ferro-Alloys Price in Norway (FOB) - 2022
In 2022, the average ferro-alloys export price amounted to $1,808 per ton, surging by 27% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2017 an increase of 45%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($3,238 per ton), while the average price for exports to France ($1,012 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 Finland (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.
Ferro-Alloys Price in Norway (CIF) - 2022
In 2022, the average ferro-alloys import price amounted to $2,961 per ton, growing by 113% against the previous year. Overall, the import price posted buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($10,828 per ton), while the price for Ukraine ($968 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+28.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Ferro-Alloys Exports in Norway
Ferro-alloys exports from Norway expanded markedly to 890K tons in 2022, picking up by 10% compared with 2021 figures. The total export volume increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, ferro-alloys exports skyrocketed to $1.6B in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.8% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Ferro-Alloys in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 157 | 204 | 202 | 262 | 18.6% |
| Turkey | 56.4 | 54.3 | 44.5 | 167 | 43.6% |
| Germany | 64.0 | 69.8 | 74.2 | 148 | 32.2% |
| United States | 116 | 62.1 | 97.8 | 103 | -3.9% |
| Finland | 25.3 | 30.0 | 48.4 | 92.7 | 54.2% |
| Belgium | 43.3 | 30.6 | 60.7 | 86.3 | 25.8% |
| Sweden | 34.9 | 35.4 | 52.3 | 82.4 | 33.2% |
| Poland | 81.0 | 54.3 | 60.5 | 77.6 | -1.4% |
| Taiwan (Chinese) | 1.5 | 10.0 | 19.1 | 63.3 | 248.2% |
| Spain | 20.9 | 29.0 | 40.7 | 54.4 | 37.6% |
| Canada | 52.4 | 27.1 | 51.3 | 43.5 | -6.0% |
| United Kingdom | 37.5 | 39.3 | 26.9 | 40.6 | 2.7% |
| France | 26.5 | 9.4 | 23.0 | 22.1 | -5.9% |
| Others | 384 | 305 | 353 | 367 | -1.5% |
| Total | 1,101 | 960 | 1,154 | 1,610 | 13.5% |
Top Export Markets for Ferro-Alloys from Norway in 2022:
- Netherlands (115.6K tons)
- Turkey (89.3K tons)
- Germany (88.4K tons)
- Poland (58.1K tons)
- United States (41.4K tons)
- Sweden (36.2K tons)
- Spain (29.9K tons)
- Finland (28.6K tons)
- Canada (28.6K tons)
- United Kingdom (28.0K tons)
- Belgium (27.1K tons)
- France (21.9K tons)
- Taiwan (Chinese) (21.5K tons)
Ferro-Alloys Imports in Norway
In 2022, after three years of growth, there was significant decline in supplies from abroad of ferro-alloys, when their volume decreased by -51% to 9.8K tons. Over the period under review, imports saw a mild reduction. The pace of growth was the most pronounced in 2021 when imports increased by 80%. As a result, imports reached the peak of 20K tons, and then dropped dramatically in the following year.
In value terms, ferro-alloys imports totaled $29M in 2022. Overall, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 82%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Ferro-Alloys in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 2.5 | 2.6 | 2.8 | 5.5 | 30.1% |
| Germany | 0.6 | 0.3 | 0.2 | 3.7 | 83.4% |
| China | 2.8 | 1.5 | 2.4 | 2.4 | -5.0% |
| France | 2.2 | 2.0 | 0.9 | 1.6 | -10.1% |
| Netherlands | 1.1 | 1.7 | 2.5 | 1.4 | 8.4% |
| Ukraine | 0.4 | 1.5 | 4.0 | 1.1 | 40.1% |
| Brazil | 0.4 | 0.9 | 9.5 | 0.9 | 31.0% |
| Paraguay | N/A | N/A | 2.0 | N/A | 0% |
| Iceland | 1.9 | 3.7 | N/A | N/A | 94.7% |
| Others | 2.3 | 1.1 | 3.6 | 12.5 | 75.8% |
| Total | 14.1 | 15.3 | 27.9 | 29.1 | 27.3% |
Top Suppliers of Ferro-Alloys to Norway in 2022:
- Sweden (1.9K tons)
- Ukraine (1.1K tons)
- Germany (1.1K tons)
- France (0.7K tons)
- China (0.7K tons)
- Brazil (0.3K tons)
- Netherlands (0.3K tons)
This report provides an in-depth analysis of the ferro-alloys 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:
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
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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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