Salts; Molybdates Price in Norway - 2023

Salts; Molybdates Price in Norway (CIF) - 2022

In 2022, the average salts; molybdates import price amounted to $20,131 per ton, jumping by 22% against the previous year. Overall, the import price, however, continues to indicate a perceptible slump. The growth pace was the most rapid in 2019 an increase of 74%. As a result, import price reached the peak level of $34,475 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($20,372 per ton), while the price for Poland ($15,994 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.4%), while the prices for the other major suppliers experienced a decline.

Salts; Molybdates Price in Norway (FOB) - 2022

The average salts; molybdates export price stood at $14,455 per ton in 2022, rising by 3.7% against the previous year. Overall, the export price, however, showed a abrupt slump. Over the period under review, the average export prices attained the peak figure at $35,207 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 Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -3.8% per year.

Salts; Molybdates Imports in Norway

Salts; molybdates imports into Norway surged to 17 tons in 2022, jumping by 43% compared with the year before. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 4,949%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, salts; molybdates imports surged to $338K in 2022. Over the period under review, imports showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 1,840%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.

Import of Salts; Molybdates in Norway (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	1.2	167	160	319	543.0%
United Kingdom	0.2	2.5	4.3	13.3	305.1%
Poland	0.9	1.1	3.9	5.6	83.9%
China	N/A	N/A	2.8	N/A	0%
Others	7.2	15.4	23.4	0.8	-51.9%
Total	9.6	186	195	338	227.8%

Top Suppliers of Salts; Molybdates to Norway in 2022:

Germany (15.6 tons)
United Kingdom (0.8 tons)
Poland (0.3 tons)

Salts; Molybdates Exports in Norway

In 2022, approx. 123 kg of salts; molybdateses were exported from Norway; shrinking by -78.3% against 2021. In general, exports showed a significant curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 21% against the previous year.

In value terms, salts; molybdates exports reduced dramatically to $1.8K in 2022. Overall, exports continue to indicate a sharp reduction. The pace of growth appeared the most rapid in 2021 with an increase of 3.4% against the previous year.