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

Norway - Tungsten - Market Analysis, Forecast, Size, Trends And Insights

Single report
Sent by email within 24h (Mon-Fri)
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Tungsten Price in Norway - 2023

Contents:

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

Tungsten Price in Norway (CIF) - 2022

In 2022, the average tungsten import price amounted to $128,777 per ton, with an increase of 1.9% against the previous year. Overall, the import price, however, continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2016 an increase of 60% against the previous year. Over the period under review, average import prices hit record highs at $166,340 per ton in 2014; however, from 2015 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 China ($194,667 per ton), while the price for Sweden ($81,583 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Tungsten Price in Norway (FOB) - 2022

In 2022, the average tungsten export price amounted to $186,000 per ton, jumping by 230% against the previous year. Over the period under review, the export price showed a moderate expansion. Over the period under review, the average export prices attained the maximum at $288,059 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Denmark.

From 2012 to 2022, the rate of growth in terms of prices for Denmark amounted to +0.6% per year.

Tungsten Imports in Norway

In 2022, the amount of tungsten imported into Norway stood at 148 kg, rising by 8% on 2021 figures. In general, imports, however, continue to indicate a dramatic setback. The growth pace was the most rapid in 2020 with an increase of 353% against the previous year. As a result, imports reached the peak of 1.5 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, tungsten imports expanded notably to $19K in 2022. Over the period under review, imports, however, faced a abrupt decline. The growth pace was the most rapid in 2020 when imports increased by 256% against the previous year. As a result, imports reached the peak of $124K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Tungsten in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.51.50.611.0180.2%
Sweden8.45.52.44.9-16.4%
Austria2.13.73.81.8-5.0%
United Kingdom6.81113.20.8-51.0%
China0.40.40.30.614.5%
Germany1.61.33.2N/A41.4%
Hungary7.4N/AN/AN/A0%
Netherlands0.90.80.5N/A-25.5%
Others6.80.43.2N/A-31.4%
Total34.912417.319.1-18.2%

Top Suppliers of Tungsten to Norway in 2022:

  1. United States (67.0 kg)
  2. Sweden (60.0 kg)
  3. Austria (10.0 kg)
  4. United Kingdom (8.0 kg)
  5. China (3.0 kg)

Tungsten Exports in Norway

After three years of growth, shipments abroad of tungsten decreased by -82.5% to 14 kg in 2022. Over the period under review, exports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 9.6%. As a result, the exports reached the peak of 80 kg, and then contracted markedly in the following year.

In value terms, tungsten exports declined significantly to $2.6K in 2022. In general, exports faced a sharp decline. The most prominent rate of growth was recorded in 2020 with an increase of less than 0.1%. As a result, the exports attained the peak of $6.4K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Tungsten in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
DenmarkN/AN/AN/A2.60%
Italy2.9N/AN/AN/A0%
Germany0.50.64.5N/A200.0%
Others2.95.8N/AN/A100.0%
Total6.46.44.52.6-25.9%

Top Export Markets for Tungsten from Norway in 2022:

  1. Denmark (14.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the tungsten 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:

    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
    Store
    Blog
    Event
    Norway - Tungsten - Market Analysis, Forecast, Size, Trends And Insights
    $599
    May 1, 2024
    Eye 464

    This report provides an in-depth analysis of the tungsten market in Norway.

    Norway - Berry - Market Analysis, Forecast, Size, Trends and Insights
    $599
    May 1, 2024
    Eye 498

    This report provides an in-depth analysis of the berry market in Norway.

    Norway - Tiles, Flagstones, Bricks And Similar Articles, Of Cement, Concrete Or Artificial Stone - Market Analysis, Forecast, Size, Trends and Insights
    $599
    May 1, 2024
    Eye 462

    This report provides an in-depth analysis of the concrete tile market in Norway.

    Norway - Strawberries - Market Analysis, Forecast, Size, Trends and Insights
    $599
    May 1, 2024
    Eye 1113

    This report provides an in-depth analysis of the strawberry market in Norway.

    Norway - Pickling Preparations For Metal Surfaces - Market Analysis, Forecast, Size, Trends And Insights
    $599
    May 1, 2024
    Eye 349

    This report provides an in-depth analysis of the metal pickling preparations market in Norway.

    Norway - Embroidery (Without Visible Ground) In The Piece - Market Analysis, Forecast, Size, Trends And Insights
    $599
    May 1, 2024
    Eye 324

    This report provides an in-depth analysis of the embroidery market in Norway.

    Norway - Building Blocks And Bricks Of Cement, Concrete Or Artificial Stone - Market Analysis, Forecast, Size, Trends And Insights
    $599
    May 1, 2024
    Eye 432

    This report provides an in-depth analysis of the market for building blocks and bricks of cement, concrete or artificial stone in Norway.

    Norway - Tiles Of Cement, Concrete Or Artificial Stone - Market Analysis, Forecast, Size, Trends And Insights
    $599
    May 6, 2024
    Eye 371

    This report provides an in-depth analysis of the market for tiles, flagstones and similar articles of cement, concrete or artificial stone in Norway.

    World - Tungsten - Market Analysis, Forecast, Size, Trends And Insights
    $599
    May 1, 2024
    Eye 467

    This report provides an in-depth analysis of the global tungsten market.

    World - Tungsten - Market Analysis, Forecast, Size, Trends And Insights
    $599
    May 1, 2024
    Eye 1491

    This report provides an in-depth analysis of the global tungsten market.

    Global Tungsten Concentrate Market - Consumption Growth to Remain Robust amid Rising Demand from Steel and Machinery Sectors
    Oct 2, 2018
    Eye 3006

    Global Tungsten Market: In 2017, the volume of the global tungsten concentrates consumption stood at approx. X tons. After a noticeable contraction in 2009, the volume of consumption recovered in the following year and then retained steady upward

    Which Country Imports the Most Tungsten in the World?
    Jul 26, 2018
    Eye 1526

    In value terms, tungsten imports amounted to $X in 2016. Overall, tungsten imports continue to indicate a slight slump. Over the period under review, global tungsten imports attained its maximum le...

    Which Country Imports the Most Tungsten Ores and Concentrates in the World?
    Jul 26, 2018
    Eye 1498

    In value terms, tungsten ores and concentrates imports totaled $X in 2016. Overall, tungsten ores and concentrates imports continue to indicate a noticeable contraction. Global tungsten ores and co...

    Which Country Exports the Most Tungsten Ores and Concentrates in the World?
    Jul 26, 2018
    Eye 1602

    In value terms, tungsten ores and concentrates exports amounted to $X in 2016. Overall, tungsten ores and concentrates exports continue to indicate a slight shrinkage. Over the period under review,...

    Which Country Exports the Most Tungsten in the World?
    Jul 26, 2018
    Eye 2175

    In value terms, tungsten exports stood at $X in 2016. In general, tungsten exports continue to indicate a measured deduction. Global tungsten export peaked of $X in 2011; however, from 2012 to X>

    Tungsten Market - Global Trade in Tungsten Shows Extreme Volatility
    Nov 23, 2016
    Eye 2078

    The global trade in tungsten fluctuated wildly over the period under review. A X% drop in 2009 was followed by exports doubling over the next two years, until exports decreased again, and continued to fall until 2015. 2015 saw a slight uptick in expor

    Top Markets for Berries in the World
    Oct 18, 2023
    Eye 338

    Explore the top import markets for berries in 2022 and the opportunities they offer to exporters. The United States, China, Hong Kong SAR, Germany, Canada, Netherlands, United Kingdom, Spain, France, and Russia are leading the global berry import market. Understand key statistics and market trends to make informed business decisions and maximize success. For valuable market insights and data, utilize the IndexBox market intelligence platform.

    Global Berry Trade Intensifies Driven by Rasing Demand for Blueberry and Raspberry
    Aug 13, 2021
    Eye 1176

    The global berry imports rose by +2.6% y-o-y to 2.9M tons, reaching $14.8B in 2020. Global imports of blueberries, cranberries, raspberries and blackberries have been rising steadily over the last decade. The U.S., Germany, China, Canada, Hong Kong SAR, the UK and the Netherlands remain the largest markets for imported berries. Spain emerged as the fastest-growing berry importer worldwide. Spain, Chile, the U.S. and Mexico constitute the largest berry exporters in the world. 

    The World's Best Import Markets for Strawberries
    Nov 6, 2023
    Eye 392

    Explore the top import markets for strawberries and their key statistics. Learn about the countries with the highest import values for strawberries and their significance in the global market.

    Which Country Eats the Most Strawberries in the World?
    Feb 9, 2018
    Eye 10707

    Global strawberry consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.

    Free Data: Tungsten - Norway