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Norway - Iron Oxides And Hydroxides - Market Analysis, Forecast, Size, Trends and Insights
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Norway: Iron Oxide Pigments Market Overview 2021

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Iron Oxide Pigments Market Size in Norway

The Norwegian iron oxide pigments market was estimated at $X in 2020, remaining stable against the previous year. Overall, consumption, however, continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Iron oxide pigments consumption peaked at $X in 2009; however, from 2010 to 2020, consumption failed to regain the momentum.

Iron Oxide Pigments Production in Norway

In value terms, iron oxide pigments production skyrocketed to $X in 2020 estimated in export prices. Over the period under review, production showed a remarkable increase. The most prominent rate of growth was recorded in 2012 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2009; however, from 2010 to 2020, production remained at a lower figure.

Iron Oxide Pigments Exports

Exports from Norway

In 2020, shipments abroad of iron oxides and hydroxides was finally on the rise to reach X tonnes for the first time since 2016, thus ending a three-year declining trend. In general, exports showed a pronounced increase. Over the period under review, exports attained the peak figure at X tonnes in 2008; however, from 2009 to 2020, exports stood at a somewhat lower figure.

In value terms, iron oxide pigments exports surged to $X in 2020. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by X% y-o-y. Over the period under review, exports attained the peak figure at $X in 2013; however, from 2014 to 2020, exports remained at a lower figure.

Exports by Country

Denmark (X tonnes), Germany (X tonnes) and the UK (X tonnes) were the main destinations of iron oxide pigments exports from Norway, together comprising X% of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark, while exports for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Germany ($X) and the Netherlands ($X) were the largest markets for iron oxide pigments exported from Norway worldwide, with a combined X% share of total exports.

Denmark saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average iron oxide pigments export price amounted to $X per tonne, waning by -X% against the previous year. In general, the export price showed a noticeable decline. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% y-o-y. As a result, export price reached the peak level of $X per tonne. From 2014 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was France ($X per tonne), while the average price for exports to Denmark ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Denmark, while the prices for the other major destinations experienced a decline.

Iron Oxide Pigments Imports

Imports into Norway

In 2020, iron oxide pigments imports into Norway contracted sharply to X tonnes, shrinking by -X% on the year before. Overall, imports recorded a abrupt decline. The pace of growth was the most pronounced in 2013 when imports increased by X% year-to-year. As a result, imports attained the peak of X tonnes. From 2014 to 2020, the growth imports remained at a lower figure.

In value terms, iron oxide pigments imports declined significantly to $X in 2020. Over the period under review, imports showed a deep reduction. The growth pace was the most rapid in 2010 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

Imports by Country

Sweden (X tonnes), Germany (X tonnes) and Denmark (X tonnes) were the main suppliers of iron oxide pigments imports to Norway, together comprising X% of total imports. Spain and China lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in China, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest iron oxide pigments suppliers to Norway were Germany ($X), Denmark ($X) and Sweden ($X), together comprising X% of total imports. These countries were followed by China and Spain, which together accounted for a further X recorded the highest growth rate of 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 2020, the average iron oxide pigments import price amounted to $X per tonne, with a decrease of -X% against the previous year. Over the period under review, the import price recorded a abrupt slump. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2007; however, from 2008 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Denmark ($X per tonne), while the price for Sweden ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Spain, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron oxides and hydroxides in the world?
+
The countries with the highest volumes of iron oxide pigments consumption in 2020 were China (409K tonnes), the U.S. (230K tonnes) and India (158K tonnes), with a combined 42% share of global consumption. Germany, Japan, Russia, Brazil, Taiwan (Chinese), France, Italy, South Korea, Canada and Poland lagged somewhat behind, together comprising a further 33%.
What are the largest producers of iron oxides and hydroxides in the world?
+
China (566K tonnes) remains the largest iron oxide pigments producing country worldwide, accounting for 31% of total volume. Moreover, iron oxide pigments production in China exceeded the figures recorded by the second-largest producer, Germany (252K tonnes), twofold. The third position in this ranking was occupied by India (150K tonnes), with a 8.1% share.
What are the leading suppliers of iron oxides and hydroxides to Norway?
+
In value terms, the largest iron oxide pigments suppliers to Norway were Germany ($332K), Denmark ($178K) and Sweden ($117K), with a combined 81% share of total imports. China and Spain lagged somewhat behind, together comprising a further 13%.
What are the leading importers of iron oxides and hydroxides from Norway?
+
In value terms, Denmark ($1.9M), Germany ($1.6M) and the Netherlands ($569K) appeared to be the largest markets for iron oxide pigments exported from Norway worldwide, with a combined 71% share of total exports.
What is the average export price for iron oxides and hydroxides in Norway?
+
The average iron oxide pigments export price stood at $721 per tonne in 2020, falling by -19.1% against the previous year.
What is the average import price for iron oxides and hydroxides in Norway?
+
In 2020, the average iron oxide pigments import price amounted to $446 per tonne, reducing by -7.1% against the previous year.

Product coverage:
• Prodcom 20121910 - Iron oxides and hydroxides, earth colours containing .70 % or more by weight of combined iron evaluated as Fe2O3

This report provides an in-depth analysis of the iron oxide pigments 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 2025.


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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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