Norway - Isocyanates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIsocyanates Price in Norway - 2023
Contents:
- Isocyanates Price in Norway (CIF) - 2023
- Isocyanates Price in Norway (FOB) - 2022
- Isocyanates Imports in Norway
- Isocyanates Exports in Norway
Isocyanates Price in Norway (CIF) - 2023
In June 2023, the average isocyanates import price amounted to $4,049 per ton, reducing by -27.2% against the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 when the average import price increased by 41% against the previous month. As a result, import price reached the peak level of $6,156 per ton. From April 2023 to June 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($11,249 per ton), while the price for the United States ($2,814 per ton) was amongst the lowest.
From August 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Hungary (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Isocyanates Price in Norway (FOB) - 2022
In 2022, the average isocyanates export price amounted to $4,302 per ton, shrinking by -37% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by 88%. As a result, the export price reached the peak level of $8,456 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($39,607 per ton), while the average price for exports to Sweden ($3,136 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 Congo (+44.8%), while the prices for the other major destinations experienced more modest paces of growth.
Isocyanates Imports in Norway
In 2022, the amount of isocyanates imported into Norway reached 1.6K tons, approximately reflecting the year before. The total import volume increased at an average annual rate of +12.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 30% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, isocyanates imports amounted to $6.1M in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 106% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Isocyanates in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,778 | 1,551 | 3,059 | 1,860 | 1.5% |
| United Kingdom | 76.8 | 136 | 757 | 940 | 130.5% |
| Saudi Arabia | 153 | 519 | 211 | 788 | 72.7% |
| Italy | 667 | N/A | 553 | 752 | 4.1% |
| United States | 53.8 | 11.6 | 10.4 | 429 | 99.8% |
| Hungary | N/A | N/A | N/A | 284 | 0% |
| Switzerland | 83.5 | 131 | 342 | 198 | 33.3% |
| Netherlands | 288 | 200 | 166 | 113 | -26.8% |
| Others | 341 | 216 | 588 | 736 | 29.2% |
| Total | 3,442 | 2,765 | 5,686 | 6,101 | 21.0% |
Top Suppliers of Isocyanates to Norway in 2022:
- Germany (617.3 tons)
- Saudi Arabia (239.7 tons)
- Italy (182.5 tons)
- United States (111.5 tons)
- United Kingdom (87.1 tons)
- Hungary (72.0 tons)
- Switzerland (70.5 tons)
- Netherlands (22.0 tons)
Isocyanates Exports in Norway
In 2022, overseas shipments of isocyanates decreased by -29.1% to 6.6 tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a abrupt slump. The growth pace was the most rapid in 2020 when exports increased by 272% against the previous year. As a result, the exports attained the peak of 35 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, isocyanates exports dropped dramatically to $28K in 2022. Over the period under review, exports recorded a sharp setback. The pace of growth appeared the most rapid in 2020 when exports increased by 332% against the previous year. As a result, the exports reached the peak of $261K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Isocyanates in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 1.0 | 0.3 | 16.5 | 16.2 | 153.0% |
| United Kingdom | N/A | N/A | N/A | 7.2 | 0% |
| Netherlands | N/A | N/A | N/A | 4.8 | 0% |
| Spain | N/A | 9.1 | 26.9 | N/A | 195.6% |
| Nigeria | 39.7 | N/A | N/A | N/A | 0% |
| Germany | N/A | 2.8 | 6.1 | N/A | 117.9% |
| Malaysia | 13.1 | 23.2 | 9.6 | N/A | -14.4% |
| Azerbaijan | 6.6 | 52.7 | N/A | N/A | 698.5% |
| Angola | N/A | 173 | N/A | N/A | 0% |
| Others | N/A | 0.1 | 4.5 | 0.1 | 0.0% |
| Total | 60.3 | 261 | 63.6 | 28.4 | -22.2% |
Top Export Markets for Isocyanates from Norway in 2022:
- Sweden (5.2 tons)
- United Kingdom (1.3 tons)
- Netherlands (0.1 tons)
This report provides an in-depth analysis of the isocyanates 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 20144450 - Isocyanates
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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This report provides an in-depth analysis of the isocyanates market in Norway.
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This report provides an in-depth analysis of the isocyanates market in Norway.
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This report provides an in-depth analysis of the market for compounds with other nitrogen function in Norway.
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This report provides an in-depth analysis of the global isocyanates market.
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This report provides an in-depth analysis of the global market for compounds with other nitrogen function.
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