Norway - Propylene Glycol (Propane-1,2-Diol) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPropylene Glycol Price in Norway - 2023
Contents:
- Propylene Glycol Price in Norway (FOB) - 2022
- Propylene Glycol Price in Norway (CIF) - 2022
- Propylene Glycol Exports in Norway
- Propylene Glycol Imports in Norway
Propylene Glycol Price in Norway (FOB) - 2022
In 2022, the average propylene glycol export price amounted to $266 per ton, picking up by 39% against the previous year. Overall, the export price, however, saw a dramatic decline. The most prominent rate of growth was recorded in 2017 when the average export price increased by 242%. Over the period under review, the average export prices hit record highs at $6,740 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($344 per ton), while the average price for exports to Turkey amounted to $327 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (-15.5%).
Propylene Glycol Price in Norway (CIF) - 2022
In 2022, the average propylene glycol import price amounted to $1,980 per ton, declining by -25.8% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, propylene glycol import price increased by +57.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 112% against the previous year. As a result, import price attained the peak level of $2,668 per ton, and then declined sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($3,266 per ton), while the price for the Netherlands ($1,848 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Propylene Glycol Exports in Norway
In 2022, after two years of decline, there was significant growth in overseas shipments of propylene glycol (propane-1,2-diol), when their volume increased by 66% to 1.9K tons. In general, exports, however, faced a sharp setback.
In value terms, propylene glycol exports skyrocketed to $502K in 2022. Overall, exports, however, recorded a deep slump.
| Export of Propylene Glycol in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 563 | 235 | 206 | 479 | -5.2% |
| Turkey | N/A | N/A | 2.8 | 7.0 | 150.0% |
| Spain | 24.3 | N/A | N/A | N/A | 0% |
| Others | 5.0 | 3.0 | 7.9 | 16.5 | 48.9% |
| Total | 592 | 238 | 217 | 502 | -5.3% |
Top Export Markets for Propylene Glycol from Norway in 2022:
- Sweden (1392.5 tons)
- Turkey (21.4 tons)
Propylene Glycol Imports in Norway
In 2022, propylene glycol imports into Norway fell modestly to 7.1K tons, declining by -2.4% compared with 2021. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 5%. As a result, imports reached the peak of 7.2K tons, and then dropped slightly in the following year.
In value terms, propylene glycol imports reduced markedly to $14M in 2022. In general, imports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 123% against the previous year. As a result, imports attained the peak of $19M, and then dropped dramatically in the following year.
| Import of Propylene Glycol in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2.3 | 1.8 | 4.4 | 4.0 | 20.3% |
| Sweden | 1.1 | 0.8 | 1.6 | 1.4 | 8.4% |
| Germany | 0.4 | 0.5 | 1.1 | 0.4 | 0.0% |
| Denmark | 0.4 | 0.3 | 1.0 | 0.1 | -37.0% |
| Belgium | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Others | 5.6 | 5.2 | 11.2 | 8.0 | 12.6% |
| Total | 10.0 | 8.7 | 19.3 | 14.0 | 11.9% |
Top Suppliers of Propylene Glycol to Norway in 2022:
- Denmark (undefinedK tons)
- Belgium (undefinedK tons)
- Netherlands (2.2K tons)
- Sweden (0.6K tons)
- Germany (0.2K tons)
This report provides an in-depth analysis of the propylene glycol 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 20142320 - Propylene glycol (propane-1,2-diol)
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
-
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
-
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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