Cerium Compounds Price in Norway - 2023

Contents:

  1. Cerium Compounds Price in Norway (FOB) - 2022
  2. Cerium Compounds Price in Norway (CIF) - 2022
  3. Cerium Compounds Exports in Norway
  4. Cerium Compounds Imports in Norway

Cerium Compounds Price in Norway (FOB) - 2022

The average cerium compounds export price stood at $1,318,586 per ton in 2022, picking up by 1,539% against the previous year. In general, the export price enjoyed significant growth. Over the period under review, the average export prices attained the maximum at $1,522,909 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($3,270,000 per ton), while the average price for exports to the UK ($820,000 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 Poland (+53.6%), while the prices for the other major destinations experienced more modest paces of growth.

Cerium Compounds Price in Norway (CIF) - 2022

In 2022, the average cerium compounds import price amounted to $27,709 per ton, declining by -28.4% against the previous year. Over the period under review, the import price recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 an increase of 55% against the previous year. The import price peaked at $165,011 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($96,421 per ton), while the price for the UK ($10,773 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.6%), while the prices for the other major suppliers experienced a decline.

Cerium Compounds Exports in Norway

In 2022, after three years of growth, there was significant decline in overseas shipments of cerium compoundses, when their volume decreased by -97.3% to 29 kg. Overall, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 8,046% against the previous year. As a result, the exports attained the peak of 1.1 tons, and then fell sharply in the following year.

In value terms, cerium compounds exports reduced notably to $38K in 2022. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 343% against the previous year. As a result, the exports attained the peak of $85K, and then contracted sharply in the following year.

Export of Cerium Compounds in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A0.53.88.6314.7%
ItalyN/AN/AN/A7.50%
ChinaN/AN/AN/A5.90%
SpainN/AN/A1.44.7235.7%
BelgiumN/AN/AN/A3.30%
Estonia3.72.06.22.5-12.3%
Germany8.8N/A34.42.2-37.0%
United KingdomN/AN/AN/A1.60%
Netherlands1.816.73.71.1-15.1%
Czech RepublicN/AN/A33.3N/A0%
Others2.5N/A2.21.0-26.3%
Total16.819.285.238.231.5%

Top Export Markets for Cerium Compounds from Norway in 2022:

  1. United States (9.0 kg)
  2. Spain (4.0 kg)
  3. Italy (3.0 kg)
  4. Estonia (3.0 kg)
  5. China (3.0 kg)
  6. United Kingdom (2.0 kg)
  7. Germany (2.0 kg)
  8. Netherlands (1.0 kg)
  9. Belgium (1.0 kg)

Cerium Compounds Imports in Norway

In 2022, the amount of cerium compoundses imported into Norway reduced sharply to 836 kg, shrinking by -61% against the year before. Over the period under review, imports saw a sharp reduction. The pace of growth was the most pronounced in 2021 when imports increased by 173%.

In value terms, cerium compounds imports plummeted to $23K in 2022. Overall, imports faced a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 324%.

Import of Cerium Compounds in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland7372.847.411.4-75.1%
United KingdomN/A1.2N/A4.9102.1%
Germany0.92.12.32.336.7%
United States2.70.92.61.8-12.6%
China1.011.96.81.39.1%
Sweden0.4N/A0.11.140.1%
CanadaN/AN/A19.1N/A0%
Others7.30.54.50.3-65.5%
Total74919.683.023.2-68.6%

Top Suppliers of Cerium Compounds to Norway in 2022:

  1. United Kingdom (454.0 kg)
  2. China (120.0 kg)
  3. Poland (119.0 kg)
  4. Germany (78.0 kg)
  5. Sweden (40.0 kg)
  6. United States (19.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Cerium compounds - Norway