Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Norway - 2024

Contents:

  1. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Norway (CIF) - 2022
  2. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Norway (FOB) - 2022
  3. Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Norway
  4. Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Norway

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Norway (CIF) - 2022

In 2022, the average import price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $118,126 per ton, reducing by -37.5% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 66%. Over the period under review, average import prices hit record highs at $188,963 per ton in 2021, and then dropped notably in the following year.

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 Switzerland ($602,186 per ton), while the price for Taiwan (Chinese) ($33,372 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Norway (FOB) - 2022

The average export price for balances; of a sensitivity of 5cg or better, with or without weightses stood at $41,254 per ton in 2022, shrinking by -25.9% against the previous year. Overall, the export price continues to indicate a pronounced slump. The growth pace was the most rapid in 2015 when the average export price increased by 1,611%. As a result, the export price attained the peak level of $217,873 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($156,527 per ton), while the average price for exports to Portugal ($5,967 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 China (+13.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Norway

In 2022, imports of balances; of a sensitivity of 5cg or better, with or without weightses into Norway skyrocketed to 8.6 tons, with an increase of 20% on 2021. The total import volume increased at an average annual rate of +5.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years.

In value terms, imports of balances; of a sensitivity of 5cg or better, with or without weightses declined to $1.2M in 2022. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 17% against the previous year.

Import of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland35561759552513.9%
Germany1992471782325.2%
China16725633622810.9%
United States24233.573.547.9-41.7%
Poland3.87.47.923.683.8%
Italy35.336.235.822.0-14.6%
Sweden39.318.314.316.6-25.0%
Taiwan (Chinese)1.20.95.813.4123.5%
Philippines10.716.78.210.5-0.6%
United Kingdom20.321.24.29.1-23.5%
Denmark8.926.820.03.3-28.2%
Others56.152.179.227.3-21.3%
Total1,1391,3321,3581,1580.6%

Top Suppliers of Balances; of A Sensitivity of 5cg or Better, with or Without Weights to Norway in 2022:

  1. China (3375.0 kg)
  2. Germany (1980.0 kg)
  3. Switzerland (872.0 kg)
  4. Poland (632.0 kg)
  5. Taiwan (Chinese) (401.0 kg)
  6. Italy (383.0 kg)
  7. Sweden (245.0 kg)
  8. United Kingdom (179.0 kg)
  9. Philippines (115.0 kg)
  10. Denmark (79.0 kg)
  11. United States (62.0 kg)

Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Norway

Exports of balances; of a sensitivity of 5cg or better, with or without weightses from Norway skyrocketed to 2.7 tons in 2022, jumping by 263% compared with 2021 figures. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of balances; of a sensitivity of 5cg or better, with or without weightses soared to $52K in 2022. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/A4.319.4351.2%
DenmarkN/A1.81.611.6153.9%
Sweden5.40.19.45.50.6%
PortugalN/AN/AN/A4.80%
NetherlandsN/A11.76.81.5-64.2%
Germany3.35.2N/A0.6-43.3%
Pakistan4.5N/AN/AN/A0%
Others10.611.54.48.3-7.8%
Total23.930.426.551.729.3%

Top Export Markets for Balances; of A Sensitivity of 5cg or Better, with or Without Weights from Norway in 2022:

  1. United Kingdom (1571.0 kg)
  2. Portugal (812.0 kg)
  3. Sweden (221.0 kg)
  4. Denmark (74.0 kg)
  5. Netherlands (17.0 kg)
  6. Germany (6.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Balances; of a sensitivity of 5cg or better, with or without weights - Norway