Price for Mineral Substances Not Elsewhere Specified or Included in Norway - 2023
Contents:
- Price for Mineral Substances Not Elsewhere Specified or Included in Norway (CIF) - 2022
- Price for Mineral Substances Not Elsewhere Specified or Included in Norway (FOB) - 2022
- Imports of Mineral Substances Not Elsewhere Specified or Included in Norway
- Exports of Mineral Substances Not Elsewhere Specified or Included in Norway
Price for Mineral Substances Not Elsewhere Specified or Included in Norway (CIF) - 2022
The average import price for mineral substances not elsewhere specified or includeds stood at $266 per ton in 2022, surging by 28% against the previous year. In general, the import price continues to indicate a prominent expansion. The growth pace was the most rapid in 2013 an increase of 66% against the previous year. The import price peaked at $380 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($2,698 per ton), while the price for Sweden ($186 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+27.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mineral Substances Not Elsewhere Specified or Included in Norway (FOB) - 2022
The average export price for mineral substances not elsewhere specified or includeds stood at $42 per ton in 2022, which is down by -71.4% against the previous year. In general, the export price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2021 an increase of 84%. Over the period under review, the average export prices hit record highs at $343 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($258 per ton), while the average price for exports to the Netherlands ($19 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 Russia (+4,873.0%), while the prices for the other major destinations experienced a decline.
Imports of Mineral Substances Not Elsewhere Specified or Included in Norway
After three years of growth, overseas purchases of mineral substances not elsewhere specified or includeds decreased by -40.3% to 21K tons in 2022. Over the period under review, imports showed a deep contraction. The pace of growth appeared the most rapid in 2020 with an increase of 16%.
In value terms, imports of mineral substances not elsewhere specified or includeds dropped significantly to $5.6M in 2022. In general, imports saw a deep setback. The growth pace was the most rapid in 2021 when imports increased by 30%.
| Import of Mineral Substances Not Elsewhere Specified or Included in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 2.5 | 3.4 | 4.1 | 3.2 | 8.6% |
| Finland | N/A | 0.1 | 0.9 | 1.3 | 260.6% |
| Germany | 2.1 | 0.3 | 0.2 | 0.3 | -47.7% |
| Netherlands | 1.1 | 0.9 | 1.1 | 0.1 | -55.0% |
| Others | 2.8 | 0.9 | 1.0 | 0.7 | -37.0% |
| Total | 8.6 | 5.6 | 7.3 | 5.6 | -13.3% |
Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Norway in 2022:
- Sweden (17.2K tons)
- Finland (2.3K tons)
- Germany (0.5K tons)
- Netherlands (0.1K tons)
Exports of Mineral Substances Not Elsewhere Specified or Included in Norway
In 2022, exports of mineral substances not elsewhere specified or includeds from Norway surged to 14K tons, picking up by 348% on 2021 figures. In general, exports enjoyed a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of mineral substances not elsewhere specified or includeds skyrocketed to $577K in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 45% against the previous year. As a result, the exports attained the peak of $824K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Mineral Substances Not Elsewhere Specified or Included in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 314 | 391 | 376 | 285 | -3.2% |
| Netherlands | 64.1 | 130 | N/A | 159 | 35.4% |
| Denmark | 137 | 66.4 | 25.9 | 82.7 | -15.5% |
| Others | 53.5 | 237 | 47.8 | 51.4 | -1.3% |
| Total | 568 | 824 | 450 | 577 | 0.5% |
Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Norway in 2022:
- Netherlands (8.3K tons)
- Denmark (3.6K tons)
- Germany (1.5K tons)
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