Norway - Silicon Dioxide - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Norway - Silicon Dioxide - Market Analysis, Forecast, Size, Trends And Insights

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Silicon Dioxide Price in Norway - 2023

Contents:

  1. Silicon Dioxide Price in Norway (FOB) - 2023
  2. Silicon Dioxide Price in Norway (CIF) - 2022
  3. Silicon Dioxide Exports in Norway
  4. Silicon Dioxide Imports in Norway

Silicon Dioxide Price in Norway (FOB) - 2023

The average silicon dioxide export price stood at $501 per ton in September 2023, surging by 8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.8%. The pace of growth appeared the most rapid in February 2023 when the average export price increased by 33% m-o-m. As a result, the export price attained the peak level of $548 per ton. From March 2023 to September 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was the United States ($1,298 per ton), while the average price for exports to Finland ($124 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Silicon Dioxide Price in Norway (CIF) - 2022

The average silicon dioxide import price stood at $8,167 per ton in 2022, growing by 51% against the previous year. Overall, the import price enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2018 an increase of 91%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($14,057 per ton), while the price for the UK ($1,371 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+63.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Silicon Dioxide Exports in Norway

In 2022, the amount of silicon dioxide exported from Norway reached 125K tons, increasing by 5.2% on 2021 figures. The total export volume increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, silicon dioxide exports expanded notably to $52M in 2022. The total export value increased at an average annual rate of +7.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 16%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Silicon Dioxide in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands23.221.826.029.38.1%
India1.31.42.06.571.0%
United Kingdom2.63.43.63.611.5%
Denmark2.42.92.93.210.1%
United States1.51.31.02.315.3%
Japan2.21.62.31.3-16.1%
Poland0.50.40.71.026.0%
Finland0.60.70.50.4-12.6%
United Arab Emirates2.42.42.10.1-65.3%
Others5.44.55.74.7-4.5%
Total41.940.346.652.37.7%

Top Export Markets for Silicon Dioxide from Norway in 2022:

  1. Netherlands (58.3K tons)
  2. India (26.5K tons)
  3. United Kingdom (14.0K tons)
  4. Denmark (8.8K tons)
  5. Finland (3.1K tons)
  6. Poland (2.6K tons)
  7. Japan (1.9K tons)
  8. United States (1.8K tons)
  9. United Arab Emirates (0.2K tons)

Silicon Dioxide Imports in Norway

Silicon dioxide imports into Norway shrank rapidly to 1.5K tons in 2022, dropping by -18.3% against the previous year's figure. In general, total imports indicated a perceptible increase from 2019 to 2022: its volume increased at an average annual rate of +4.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +18.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. As a result, imports attained the peak of 1.9K tons, and then dropped significantly in the following year.

In value terms, silicon dioxide imports skyrocketed to $13M in 2022. Overall, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 40% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Silicon Dioxide in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5.25.36.79.522.2%
Iceland0.1N/AN/A1.3135.1%
China0.10.10.90.9108.0%
United Kingdom0.10.60.10.226.0%
Belgium0.30.40.50.2-12.6%
United States0.10.10.20.10.0%
Netherlands0.10.10.10.10.0%
ItalyN/A0.51.10.1-55.3%
Sweden0.10.20.10.10.0%
Others0.10.10.40.10.0%
Total6.37.310.212.626.0%

Top Suppliers of Silicon Dioxide to Norway in 2022:

  1. Germany (673.8 tons)
  2. China (284.1 tons)
  3. Belgium (137.8 tons)
  4. Iceland (133.2 tons)
  5. United Kingdom (130.6 tons)
  6. Netherlands (90.7 tons)
  7. Sweden (33.1 tons)
  8. Italy (25.1 tons)
  9. United States (18.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the silicon dioxide 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 20132475 - Silicon dioxide

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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