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Norway - Titanium - Market Analysis, Forecast, Size, Trends And Insights
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Norway: Titanium Market Overview 2021

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Titanium Market Size in Norway

The Norwegian titanium market reduced dramatically to $X in 2020, falling by -X% against the previous year. Over the period under review, consumption continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Titanium consumption peaked at $X in 2014; however, from 2015 to 2020, consumption stood at a somewhat lower figure.

Titanium Production in Norway

In value terms, titanium production reduced sharply to $X in 2020 estimated in export prices. Overall, production continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2010 when the production volume increased by X% year-to-year. Titanium production peaked at $X in 2014; however, from 2015 to 2020, production remained at a lower figure.

Titanium Exports

Exports from Norway

In 2020, shipments abroad of titanium was finally on the rise to reach X kg for the first time since 2017, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a abrupt setback. Over the period under review, exports attained the peak figure at X tonnes in 2009; however, from 2010 to 2020, exports failed to regain the momentum.

In value terms, titanium exports surged to $X in 2020. Over the period under review, exports, however, saw a relatively flat trend pattern. Exports peaked at $X in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

Exports by Country

The U.S. (X kg) was the main destination for titanium exports from Norway, with a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to the U.S. amounted to +X%.

In value terms, the U.S. ($X) also remains the key foreign market for titanium exports from Norway.

From 2007 to 2020, the average annual growth rate of value to the U.S. stood at +X%.

Export Prices by Country

In 2020, the average titanium export price amounted to $X per tonne, shrinking by -X% against the previous year. Overall, the export price, however, showed resilient growth. The pace of growth appeared the most rapid in 2012 an increase of X% against the previous year. Over the period under review, average export prices reached the maximum at $X per tonne in 2017; however, from 2018 to 2020, export prices remained at a lower figure.

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

From 2007 to 2020, the rate of growth in terms of prices for the U.S. amounted to +X% per year.

Titanium Imports

Imports into Norway

In 2020, the amount of titanium imported into Norway skyrocketed to X tonnes, surging by X% on the year before. Over the period under review, imports posted pronounced growth. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Imports peaked in 2020 and are likely to continue growth in the immediate term.

In value terms, titanium imports skyrocketed to $X in 2020. Overall, imports continue to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. Imports peaked at $X in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X tonnes) constituted the largest supplier of titanium to Norway, with a X% share of total imports. Moreover, titanium imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), threefold.

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

In value terms, the largest titanium suppliers to Norway were China ($X), Germany ($X) and the UK ($X), together accounting for X% of total imports.

China saw 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 a decline.

Import Prices by Country

The average titanium import price stood at $X per tonne in 2020, with a decrease of -X% against the previous year. Overall, the import price continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2010 an increase of X% against the previous year. As a result, import price attained the peak level of $X per tonne. From 2011 to 2020, the growth in terms of the average import prices failed to regain the momentum.

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

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

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for titanium in the world?
+
The countries with the highest volumes of titanium consumption in 2020 were Mozambique (1.5M tonnes), Canada (881K tonnes) and China (780K tonnes), together comprising 54% of global consumption.
What are the largest producers of titanium in the world?
+
The countries with the highest volumes of titanium production in 2020 were Mozambique (1.5M tonnes), Canada (883K tonnes) and Australia (779K tonnes), together comprising 54% of global production.
What are the leading suppliers of titanium to Norway?
+
In value terms, the largest titanium suppliers to Norway were China ($968K), Germany ($546K) and the UK ($18K), with a combined 94% share of total imports.
What are the leading importers of titanium from Norway?
+
In value terms, the U.S. ($31K) remains the key foreign market for titanium exports from Norway.
What is the average export price for titanium in Norway?
+
The average titanium export price stood at $56,998 per tonne in 2020, waning by -5.8% against the previous year.
What is the average import price for titanium in Norway?
+
The average titanium import price stood at $4,800 per tonne in 2020, falling by -18.4% against the previous year.

Product coverage:

This report provides an in-depth analysis of the titanium 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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