Carbonates; Potassium Carbonate Price in Norway - 2023
Contents:
- Carbonates; Potassium Carbonate Price in Norway (CIF) - 2022
- Carbonates; Potassium Carbonate Price in Norway (FOB) - 2022
- Carbonates; Potassium Carbonate Imports in Norway
- Carbonates; Potassium Carbonate Exports in Norway
Carbonates; Potassium Carbonate Price in Norway (CIF) - 2022
In 2022, the average carbonates; potassium carbonate import price amounted to $1,536 per ton, surging by 38% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($1,807 per ton), while the price for Germany ($812 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Carbonates; Potassium Carbonate Price in Norway (FOB) - 2022
The average carbonates; potassium carbonate export price stood at $1,137 per ton in 2022, surging by 16% against the previous year. In general, the export price, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 an increase of 23% against the previous year. The export price peaked at $2,255 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the UK.
From 2012 to 2022, the rate of growth in terms of prices for Denmark amounted to -4.9% per year.
Carbonates; Potassium Carbonate Imports in Norway
In 2022, the amount of carbonates; potassium carbonates imported into Norway skyrocketed to 2.7K tons, growing by 48% on 2021. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +11.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +96.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, carbonates; potassium carbonate imports surged to $4.1M in 2022. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Carbonates; Potassium Carbonate in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.9 | 175 | 527 | 2,535 | 467.1% |
| South Korea | 409 | 289 | 616 | 1,183 | 42.5% |
| Sweden | 13.9 | 5.8 | 94.2 | 155 | 123.4% |
| United States | 24.4 | 22.5 | 42.2 | 53.1 | 29.6% |
| Germany | 90.9 | 10.3 | 35.4 | 1.0 | -77.8% |
| Belgium | 188 | 133 | 190 | N/A | 0.5% |
| Poland | 54.3 | 42.4 | 114 | N/A | 44.9% |
| Canada | 1,177 | 763 | 108 | N/A | -69.7% |
| Others | 78.2 | 90.5 | 275 | 158 | 26.4% |
| Total | 2,050 | 1,531 | 2,002 | 4,085 | 25.8% |
Top Suppliers of Carbonates; Potassium Carbonate to Norway in 2022:
- China (1752.7 tons)
- South Korea (654.6 tons)
- Sweden (128.9 tons)
- United States (41.3 tons)
- Germany (1.3 tons)
Carbonates; Potassium Carbonate Exports in Norway
In 2022, overseas shipments of carbonates; potassium carbonates increased by 951% to 98 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, carbonates; potassium carbonate exports surged to $111K in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Carbonates; Potassium Carbonate in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | N/A | 111 | 0% |
| Sweden | 24.6 | 6.3 | 6.8 | N/A | -47.4% |
| Denmark | 9.3 | 1.2 | 2.2 | N/A | -51.4% |
| Others | N/A | 2.1 | 0.1 | N/A | -95.2% |
| Total | 33.9 | 9.6 | 9.1 | 111 | 48.5% |
Top Export Markets for Carbonates; Potassium Carbonate from Norway in 2022:
- United Kingdom (97.8 tons)
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