Norway - Ammonium Nitrate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAmmonium Nitrate Price in Norway - 2023
Contents:
- Ammonium Nitrate Price in Norway (CIF) - 2023
- Ammonium Nitrate Price in Norway (FOB) - 2022
- Ammonium Nitrate Imports in Norway
- Ammonium Nitrate Exports in Norway
Ammonium Nitrate Price in Norway (CIF) - 2023
The average ammonium nitrate import price stood at $570 per ton in August 2023, shrinking by -9.8% against the previous month. In general, the import price saw a pronounced shrinkage. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 21% against the previous month. As a result, import price attained the peak level of $1,224 per ton. From October 2022 to August 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($896 per ton), while the price for Sweden ($508 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Poland (-3.4%), while the prices for the other major suppliers experienced a decline.
Ammonium Nitrate Price in Norway (FOB) - 2022
In 2022, the average ammonium nitrate export price amounted to $243 per ton, with a decrease of -24.7% against the previous year. Over the period under review, the export price recorded a perceptible slump. The most prominent rate of growth was recorded in 2021 an increase of 149%. The export price peaked at $408 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($603 per ton), while the average price for exports to the Netherlands ($42 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+513.9%), while the prices for the other major destinations experienced mixed trend patterns.
Ammonium Nitrate Imports in Norway
After two years of decline, purchases abroad of ammonium nitrate increased by 0.5% to 23K tons in 2022. Over the period under review, imports, however, recorded a deep contraction.
In value terms, ammonium nitrate imports surged to $20M in 2022. Overall, imports showed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Ammonium Nitrate in Norway (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 6.1 | 6.3 | 8.3 | 15.0 | 35.0% |
Poland | 3.2 | 3.0 | 1.8 | 2.6 | -6.7% |
Finland | 0.3 | 0.6 | 0.9 | 2.0 | 88.2% |
Germany | 0.4 | 0.4 | 0.5 | 0.8 | 26.0% |
Russia | 0.5 | 0.3 | 0.1 | N/A | -55.3% |
Lithuania | 1.2 | 0.6 | 0.1 | N/A | -71.1% |
Others | 0.3 | N/A | N/A | N/A | 0% |
Total | 11.9 | 11.1 | 11.7 | 20.4 | 19.7% |
Top Suppliers of Ammonium Nitrate to Norway in 2022:
- Sweden (18.1K tons)
- Poland (2.3K tons)
- Finland (2.2K tons)
- Germany (0.7K tons)
- Russia (0.1K tons)
Ammonium Nitrate Exports in Norway
In 2022, approx. 3.9K tons of ammonium nitrate were exported from Norway; surging by 7.4% compared with the year before. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +7.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -30.3% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 80% against the previous year. As a result, the exports reached the peak of 5.6K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, ammonium nitrate exports dropped rapidly to $944K in 2022. In general, exports saw a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 62% against the previous year. As a result, the exports reached the peak of $1.2M, and then reduced notably in the following year.
Export of Ammonium Nitrate in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Africa | N/A | 66.9 | N/A | 734 | 231.2% |
Netherlands | N/A | N/A | N/A | 48.4 | 0% |
Sweden | 107 | 145 | 290 | 33.6 | -32.0% |
Denmark | 172 | 175 | 209 | 21.8 | -49.8% |
Others | 283 | 335 | 669 | 106 | -27.9% |
Total | 562 | 721 | 1,168 | 944 | 18.9% |
Top Export Markets for Ammonium Nitrate from Norway in 2022:
- South Africa (1217.7 tons)
- Netherlands (1146.3 tons)
- Denmark (126.5 tons)
- Sweden (61.6 tons)
This report provides an in-depth analysis of the ammonium nitrate 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.
Product coverage:
- FCL 4003 - Ammonium nitrate (AN)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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