Latest Report Update: May 28, 2021

Norway - Magnesite - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service, Privacy Policy and Licenses. We'll occasionally send you account related emails.

Norway: Magnesite Market Overview 2021

Webinar: Global Coal Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global сoal market.

Thursday, July 15th, 2021 @ 10:00 am ET

Register Now

Magnesite Market Size in Norway

The Norwegian magnesite market skyrocketed to $X in 2020, with an increase of X% against the previous year. Overall, consumption, however, recorded a pronounced downturn. Magnesite consumption peaked at $X in 2018; however, from 2019 to 2020, consumption stood at a somewhat lower figure.

Magnesite Production in Norway

In value terms, magnesite production shrank slightly to $X in 2020 estimated in export prices. In general, production showed a pronounced contraction. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. As a result, production attained the peak level of $X. From 2010 to 2020, production growth remained at a somewhat lower figure.

Magnesite Exports

Exports from Norway

After five years of growth, overseas shipments of magnesite decreased by -X% to X tonnes in 2020. Overall, exports, however, continue to indicate a pronounced increase. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Exports peaked at X tonnes in 2019, and then dropped notably in the following year.

In value terms, magnesite exports contracted markedly to $X in 2020. In general, exports, however, showed a noticeable setback. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Exports peaked at $X in 2019, and then fell significantly in the following year.

Exports by Country

Myanmar (X tonnes) was the main destination for magnesite exports from Norway, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to Myanmar amounted to -X%.

From 2007 to 2020, the average annual growth rate of value to Myanmar amounted to -X%.

Export Prices by Country

In 2020, the average magnesite export price amounted to $X per tonne, with a decrease of -X% against the previous year. Over the period under review, the export price continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2009 an increase of X% year-to-year. As a result, export price attained the peak level of $X per tonne. From 2010 to 2020, the growth in terms of the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Myanmar.

From 2007 to 2020, the rate of growth in terms of prices for Myanmar amounted to -X% per year.

Magnesite Imports

Imports into Norway

In 2020, approx. X tonnes of magnesite were imported into Norway; surging by X% compared with the year before. In general, imports, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2018 when imports increased by X% y-o-y. As a result, imports attained the peak of X tonnes. From 2019 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, magnesite imports amounted to $X in 2020. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X% y-o-y. As a result, imports attained the peak of $X. From 2019 to 2020, the growth imports failed to regain the momentum.

Imports by Country

In 2020, Germany (X tonnes) constituted the largest supplier of magnesite to Norway, accounting for a X% share of total imports. Moreover, magnesite imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tonnes), more than tenfold. The third position in this ranking was occupied by Denmark (X kg), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Germany amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-X% per year) and Denmark (+X% per year).

In value terms, Germany ($X) constituted the largest supplier of magnesite to Norway, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and the Netherlands (-X% per year).

Import Prices by Country

The average magnesite import price stood at $X per tonne in 2020, declining by -X% against the previous year. In general, the import price, however, saw strong growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per tonne in 2017; however, from 2018 to 2020, import prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for magnesite in the world?
+
China (216K tonnes) constituted the country with the largest volume of magnesite consumption, comprising approx. 35% of total volume. Moreover, magnesite consumption in China exceeded the figures recorded by the second-largest consumer, India (55K tonnes), fourfold. The United Arab Emirates (37K tonnes) ranked third in terms of total consumption with a 6.1% share.
What are the largest producers of magnesite in the world?
+
China (277K tonnes) constituted the country with the largest volume of magnesite production, comprising approx. 53% of total volume. Moreover, magnesite production in China exceeded the figures recorded by the second-largest producer, Turkey (62K tonnes), fourfold. The United Arab Emirates (39K tonnes) ranked third in terms of total production with a 7.5% share.
What are the leading suppliers of magnesite to Norway?
+
In value terms, Germany ($28K) constituted the largest supplier of magnesite to Norway, comprising 57% of total imports. The second position in the ranking was occupied by China ($8.6K), with a 18% share of total imports. It was followed by the Netherlands, with a 2.2% share.
What is the average export price for magnesite in Norway?
+
In 2020, the average magnesite export price amounted to $271 per tonne, with a decrease of -3.4% against the previous year.
What is the average import price for magnesite in Norway?
+
In 2020, the average magnesite import price amounted to $1,122 per tonne, reducing by -9.9% against the previous year.

Product coverage:
• UNCode 16390-1 - Magnesite

This report provides an in-depth analysis of the magnesite 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

Webinar: Global Coal Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global сoal market.



Thursday, July 15th, 2021 @ 10:00 am ET


Register

Webinar: Global Ethanol Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global ethanol market.



Thursday, June 24th, 2021 @ 10:00 am ET


Register

Webinar: Global Beef Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global beef market.



Thursday, September 16th, 2021 @ 10:00 am ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data