
Norway - Diphosphorus Pentaoxide - Market Analysis, Forecast, Size, Trends and Insights
Norway: Diphosphorus Pentaoxide Market 2023
Diphosphorus Pentaoxide Market Size in Norway
In 2021, the Norwegian diphosphorus pentaoxide market decreased by -11.8% to $X for the first time since 2015, thus ending a five-year rising trend. Overall, consumption, however, saw a remarkable increase. As a result, consumption reached the peak level of $X, and then declined in the following year.
Diphosphorus Pentaoxide Production in Norway
In value terms, diphosphorus pentaoxide production dropped slightly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2019 with an increase of 42% against the previous year. Diphosphorus pentaoxide production peaked at $X in 2020, and then contracted in the following year.
Diphosphorus Pentaoxide Exports
Exports from Norway
For the fourth consecutive year, Norway recorded growth in shipments abroad of diphosphorus pentaoxide, which increased by 320% to X kg in 2020. Over the period under review, exports saw a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, diphosphorus pentaoxide exports surged to $X in 2020. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Exports by Country
Australia (X kg) was the main destination for diphosphorus pentaoxide exports from Norway, accounting for a approx. 100% share of total exports.
From 2015 to 2020, the average annual rate of growth in terms of volume to Australia was relatively modest.
In value terms, Australia ($X) emerged as the key foreign market for diphosphorus pentaoxide exports from Norway.
From 2015 to 2020, the average annual rate of growth in terms of value to Australia was relatively modest.
Export Prices by Country
In 2020, the average diphosphorus pentaoxide export price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price saw a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Australia.
From 2015 to 2020, the rate of growth in terms of prices for Indonesia amounted to 0.0% per year.
Diphosphorus Pentaoxide Imports
Imports into Norway
After three years of growth, purchases abroad of diphosphorus pentaoxide decreased by -38.2% to X kg in 2021. Over the period under review, imports, however, recorded prominent growth. The growth pace was the most rapid in 2020 with an increase of 572% against the previous year. As a result, imports reached the peak of X tons, and then contracted markedly in the following year.
In value terms, diphosphorus pentaoxide imports declined significantly to $X in 2021. Overall, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 712%. As a result, imports attained the peak of $X, and then reduced markedly in the following year.
Imports by Country
Sweden (X kg), Germany (X kg) and the Netherlands (X kg) were the main suppliers of diphosphorus pentaoxide imports to Norway.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +102.3%), while imports for the other leaders experienced mixed trend patterns.
In value terms, Sweden ($X), Germany ($X) and the Netherlands ($X) were the largest diphosphorus pentaoxide suppliers to Norway.
Germany, with a CAGR of +73.6%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2021, the average diphosphorus pentaoxide import price amounted to $X per ton, with an increase of 13% against the previous year. In general, the import price recorded a remarkable increase. The most prominent rate of growth was recorded in 2013 an increase of 614%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+15.1%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the diphosphorus pentaoxide 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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