
Norway - Chlorosulphuric Acid - Market Analysis, Forecast, Size, Trends and Insights
Norway: Chlorosulphuric Acid Market 2022
Chlorosulphuric Acid Market Size in Norway
In 2021, the Norwegian chlorosulphuric acid market decreased by -1.3% to $X for the first time since 2011, thus ending a nine-year rising trend. Overall, consumption, however, continues to indicate buoyant growth. Over the period under review, the market reached the peak level at $X in 2020, and then shrank in the following year.
Chlorosulphuric Acid Production in Norway
In value terms, chlorosulphuric acid production contracted to $X in 2021 estimated in export price. Over the period under review, production, however, showed buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of 42% against the previous year. Over the period under review, production reached the maximum level at $X in 2020, and then contracted modestly in the following year.
Chlorosulphuric Acid Exports
Exports from Norway
Chlorosulphuric acid exports from Norway was estimated at X kg in 2020, approximately mirroring the year before. Over the period under review, exports saw a sharp reduction. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2020, the exports remained at a lower figure.
In value terms, chlorosulphuric acid exports amounted to $X in 2020. In general, exports saw a abrupt curtailment. The exports peaked at $X in 2012; however, from 2013 to 2020, the exports failed to regain momentum.
Exports by Country
Denmark (X kg) was the main destination for chlorosulphuric acid exports from Norway, with a approx. 100% share of total exports.
From 2012 to 2020, the average annual growth rate of volume to Denmark totaled -51.3%.
From 2012 to 2020, the average annual growth rate of value to Denmark stood at -6.1%.
Export Prices by Country
The average chlorosulphuric acid export price stood at $X per ton in 2020, therefore, remained relatively stable against the previous year. Overall, the export price showed a significant expansion. The pace of growth appeared the most rapid in 2013 an increase of 21% against the previous year. Over the period under review, the average export prices attained the maximum in 2020 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Denmark.
From 2012 to 2020, the rate of growth in terms of prices for Denmark amounted to +92.9% per year.
Chlorosulphuric Acid Imports
Imports into Norway
In 2021, supplies from abroad of chlorosulphuric acid was finally on the rise to reach X kg for the first time since 2015, thus ending a five-year declining trend. Over the period under review, imports enjoyed significant growth. The growth pace was the most rapid in 2015 with an increase of 1,639% against the previous year. As a result, imports reached the peak of X kg. From 2016 to 2021, the growth of imports remained at a lower figure.
In value terms, chlorosulphuric acid imports soared to $X in 2021. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 811%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, the UK (X kg) constituted the largest chlorosulphuric acid supplier to Norway, with a 81% share of total imports. Moreover, chlorosulphuric acid imports from the UK exceeded the figures recorded by the second-largest supplier, Sweden (X kg), fourfold.
From 2012 to 2021, the average annual rate of growth in terms of volume from the UK totaled +43.6%.
In value terms, the UK ($X) and Sweden ($X) constituted the largest chlorosulphuric acid suppliers to Norway.
Sweden, with a CAGR of +49.2%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review.
Import Prices by Country
The average chlorosulphuric acid import price stood at $X per ton in 2021, which is down by -18% against the previous year. Overall, the import price saw a abrupt setback. The most prominent rate of growth was recorded in 2016 when the average import price increased by 368% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Sweden ($X per ton), while the price for the UK stood at $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+22.0%).
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the chlorosulphuric acid 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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