Norway: Feldspar Market 2024

Feldspar Market Size in Norway

The Norwegian feldspar market stood at $X in 2023, remaining stable against the previous year. Over the period under review, consumption enjoyed buoyant growth. Feldspar consumption peaked in 2023 and is expected to retain growth in the immediate term.

Feldspar Production in Norway

In value terms, feldspar production amounted to $X in 2023 estimated in export price. Over the period under review, production continues to indicate prominent growth. The pace of growth appeared the most rapid in 2016 with an increase of X%. Feldspar production peaked at $X in 2021; afterwards, it flattened through to 2023.

Feldspar Exports

Exports from Norway

After two years of decline, overseas shipments of feldspar increased by X% to X tons in 2023. Over the period under review, exports, however, continue to indicate a sharp setback. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2023, the exports failed to regain momentum.

In value terms, feldspar exports contracted to $X in 2023. In general, exports, however, recorded a precipitous descent. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2023, the exports failed to regain momentum.

Exports by Country

Turkey (X tons) and Sweden (X tons) were the main destinations of feldspar exports from Norway.

From 2012 to 2023, the biggest increases were recorded for Turkey (with a CAGR of X%).

In value terms, Turkey ($X) remains the key foreign market for feldspar exports from Norway, comprising X% of total exports. The second position in the ranking was held by Sweden ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value to Turkey stood at X%.

Export Prices by Country

The average feldspar export price stood at $X per ton in 2023, with a decrease of X% against the previous year. Overall, the export price, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2022 to 2023, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Sweden totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Feldspar Imports

Imports into Norway

In 2023, purchases abroad of feldspar increased by X% to X tons, rising for the third consecutive year after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2023, the growth of imports remained at a lower figure.

In value terms, feldspar imports surged to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports attained the peak figure in 2023 and are likely to continue growth in the near future.

Imports by Country

In 2023, Finland (X tons) constituted the largest feldspar supplier to Norway, with a X% share of total imports. Moreover, feldspar imports from Finland exceeded the figures recorded by the second-largest supplier, Sweden (X tons), more than tenfold. The Netherlands (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Finland amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (X% per year) and the Netherlands (X% per year).

In value terms, Finland ($X) constituted the largest supplier of feldspar to Norway, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports. It was followed by Sweden, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Finland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Sweden (X% per year).

Import Prices by Country

The average feldspar import price stood at $X per ton in 2023, with an increase of X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Finland (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform