
Norway - Diphosphorus Pentaoxide - Market Analysis, Forecast, Size, Trends and Insights
Norway: Diphosphorus Pentaoxide Market 2023
Diphosphorus Pentaoxide Market Size in Norway
The Norwegian diphosphorus pentaoxide market skyrocketed to $X in 2022, with an increase of 74% against the previous year. In general, consumption showed a resilient increase. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.
Diphosphorus Pentaoxide Production in Norway
In value terms, diphosphorus pentaoxide production reached $X in 2022 estimated in export price. Over the period under review, production saw a buoyant increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by 41% against the previous year. Diphosphorus pentaoxide production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.
Diphosphorus Pentaoxide Exports
Exports from Norway
For the fourth year in a row, Norway recorded growth in shipments abroad of diphosphorus pentaoxide, which increased by 288% to X kg in 2020. Overall, exports, however, continue to indicate a noticeable contraction. The exports peaked at X kg in 2015; however, from 2016 to 2020, the exports failed to regain momentum.
In value terms, diphosphorus pentaoxide exports skyrocketed to $X in 2020. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Exports by Country
Australia (X kg) was the main destination for diphosphorus pentaoxide exports from Norway, accounting for a approx. 100% share of total exports.
From 2015 to 2020, the average annual rate of growth in terms of volume to Australia was relatively modest.
In value terms, Australia ($X) emerged as the key foreign market for diphosphorus pentaoxide exports from Norway.
From 2015 to 2020, the average annual growth rate of value to Australia was relatively modest.
Export Prices by Country
The average diphosphorus pentaoxide export price stood at $X per ton in 2020, growing by 8.8% against the previous year. In general, the export price showed significant growth. 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
In 2022, approx. X tons of diphosphorus pentaoxide were imported into Norway; with an increase of 1,447% compared with the previous year. In general, imports showed a remarkable increase. The growth pace was the most rapid in 2016 when imports increased by 3,350% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.
In value terms, diphosphorus pentaoxide imports soared to $X in 2022. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 3,649%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.
Imports by Country
In 2022, Germany (X kg) constituted the largest diphosphorus pentaoxide supplier to Norway, accounting for a 62% share of total imports. Moreover, diphosphorus pentaoxide imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X kg), twofold.
From 2012 to 2022, the average annual growth rate of volume from Germany totaled +99.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+1.7% per year) and Sweden (+48.7% per year).
In value terms, the largest diphosphorus pentaoxide suppliers to Norway were the Netherlands ($X), Germany ($X) and Sweden ($X).
Among the main suppliers, Germany, with a CAGR of +73.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average diphosphorus pentaoxide import price stood at $X per ton in 2022, with a decrease of -41.3% against the previous year. In general, the import price, however, saw buoyant growth. The growth pace was the most rapid in 2013 an increase of 432% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+16.2%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, 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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