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Norway - Remelting Scrap Ingots of Iron or Steel - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNorway: Market for Remelting Scrap Ingots Of Iron Or Steel 2024
Market Size for Remelting Scrap Ingots Of Iron Or Steel in Norway
The Norwegian metal remelting scrap ingots market surged to $X in 2023, jumping by X% against the previous year. Overall, consumption, however, faced a sharp slump. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2023, consumption failed to regain momentum.
Production of Remelting Scrap Ingots Of Iron Or Steel in Norway
In value terms, metal remelting scrap ingots production surged to $X in 2023 estimated in export price. Over the period under review, production continues to indicate a significant curtailment. The pace of growth was the most pronounced in 2021 when the production volume increased by X% against the previous year. Metal remelting scrap ingots production peaked at $X in 2014; however, from 2015 to 2023, production stood at a somewhat lower figure.
Exports of Remelting Scrap Ingots Of Iron Or Steel
Exports from Norway
Metal remelting scrap ingots exports from Norway declined dramatically to X tons in 2023, reducing by X% against the previous year. In general, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2022 with an increase of X%. The exports peaked at X tons in 2017; however, from 2018 to 2023, the exports failed to regain momentum.
In value terms, metal remelting scrap ingots exports surged to $X in 2023. Overall, exports recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2023, the exports remained at a lower figure.
Exports by Country
Denmark (X tons) was the main destination for metal remelting scrap ingots exports from Norway, with a X% share of total exports. It was followed by Sweden (X kg), with a X% share of total exports.
From 2012 to 2023, the average annual rate of growth in terms of volume to Denmark stood at X%.
In value terms, Denmark ($X) emerged as the key foreign market for remelting scrap ingots of iron or steel exports from Norway, comprising X% of total exports. The second position in the ranking was taken by Sweden ($X), with a X% share of total exports.
From 2012 to 2023, the average annual rate of growth in terms of value to Denmark stood at X%.
Export Prices by Country
In 2023, the average metal remelting scrap ingots export price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price, however, continues to indicate a deep contraction. The pace of growth was the most pronounced in 2021 when the average export price increased by X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Denmark totaled $X per ton.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (X%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Remelting Scrap Ingots Of Iron Or Steel
Imports into Norway
In 2023, supplies from abroad of remelting scrap ingots of iron or steel decreased by X% to X tons, falling for the third year in a row after four years of growth. In general, imports, however, showed a significant increase. The growth pace was the most rapid in 2014 when imports increased by X%. Imports peaked at X tons in 2020; however, from 2021 to 2023, imports stood at a somewhat lower figure.
In value terms, metal remelting scrap ingots imports reduced to $X in 2023. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2020; however, from 2021 to 2023, imports failed to regain momentum.
Imports by Country
In 2023, Sweden (X tons) was the main metal remelting scrap ingots supplier to Norway, accounting for a approx. X% share of total imports.
From 2012 to 2023, the average annual rate of growth in terms of volume from Sweden amounted to X%.
In value terms, Sweden ($X) constituted the largest supplier of remelting scrap ingots of iron or steel to Norway.
From 2012 to 2023, the average annual rate of growth in terms of value from Sweden stood at X%.
Import Prices by Country
The average metal remelting scrap ingots import price stood at $X per ton in 2023, surging by X% against the previous year. In general, the import price recorded perceptible growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Sweden.
From 2012 to 2023, the rate of growth in terms of prices for the UK amounted to X% per year.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for metal remelting scrap ingots 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:
- Prodcom 24101420 - Remelting scrap ingots of iron or steel (excluding products whose chemical composition conforms to the definitions of pig iron, spiegeleisen, or ferro-alloys)
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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