Norway - Animal Or Vegetable Fertilisers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Animal or Vegetable Fertilisers in Norway - 2023
Contents:
- Price for Animal or Vegetable Fertilisers in Norway (FOB) - 2023
- Price for Animal or Vegetable Fertilisers in Norway (CIF) - 2022
- Exports of Animal or Vegetable Fertilisers in Norway
- Imports of Animal or Vegetable Fertilisers in Norway
Price for Animal or Vegetable Fertilisers in Norway (FOB) - 2023
In August 2023, the average animal or vegetable fertilisers export price amounted to $1,119 per ton, which is down by -14.9% against the previous month. Over the period under review, the export price continues to indicate a deep contraction. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 61% m-o-m. The export price peaked at $3,022 per ton in November 2022; however, from December 2022 to August 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was the UK ($7,314 per ton), while the average price for exports to Vietnam ($246 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Animal or Vegetable Fertilisers in Norway (CIF) - 2022
In 2022, the average animal or vegetable fertilisers import price amounted to $953 per ton, increasing by 12% against the previous year. Over the period under review, the import price recorded a resilient increase. The most prominent rate of growth was recorded in 2018 an increase of 132% against the previous year. As a result, import price reached the peak level of $1,045 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($7,361 per ton), while the price for Sweden ($273 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Animal or Vegetable Fertilisers in Norway
For the fourth consecutive year, Norway recorded growth in shipments abroad of animal or vegetable fertilisers, which increased by 2.2% to 9.2K tons in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +21.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 40%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, animal or vegetable fertilisers exports surged to $20M in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 25% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.
Export of Animal or Vegetable Fertilisers in Norway (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 3.3 | 3.5 | 4.3 | 5.1 | 15.6% |
United States | 2.3 | 1.8 | 3.0 | 3.6 | 16.1% |
Spain | 1.3 | 1.4 | 1.9 | 2.2 | 19.2% |
India | 1.3 | 1.1 | 1.3 | 1.6 | 7.2% |
Brazil | 0.5 | 0.9 | 1.3 | 1.5 | 44.2% |
China | 0.5 | 0.7 | 1.0 | 1.2 | 33.9% |
Vietnam | 0.4 | 0.5 | 0.7 | 0.8 | 26.0% |
Netherlands | 0.3 | 0.5 | 0.4 | 0.5 | 18.6% |
United Kingdom | 0.4 | 0.6 | 0.4 | 0.5 | 7.7% |
Austria | N/A | 0.2 | 0.2 | 0.2 | 0.0% |
Others | 2.5 | 2.5 | 2.5 | 3.0 | 6.3% |
Total | 12.9 | 13.7 | 17.1 | 20.3 | 16.3% |
Top Export Markets for Animal or Vegetable Fertilisers from Norway in 2022:
- Italy (3485.1 tons)
- Vietnam (1653.6 tons)
- Brazil (667.1 tons)
- United States (619.8 tons)
- India (477.2 tons)
- China (397.8 tons)
- Spain (386.4 tons)
- Netherlands (288.2 tons)
- Austria (155.7 tons)
- United Kingdom (143.6 tons)
Imports of Animal or Vegetable Fertilisers in Norway
In 2022, purchases abroad of animal or vegetable fertilisers decreased by -37.6% to 2.5K tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by 44% against the previous year. As a result, imports reached the peak of 4.5K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, animal or vegetable fertilisers imports declined rapidly to $2.4M in 2022. Overall, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 9.6% against the previous year. As a result, imports attained the peak of $3.4M, and then declined significantly in the following year.
Import of Animal or Vegetable Fertilisers in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 1,366 | 671 | 1,197 | 782 | -17.0% |
Sweden | 319 | 493 | 638 | 417 | 9.3% |
Netherlands | 373 | 898 | 383 | 349 | -2.2% |
Denmark | 339 | 512 | 271 | 236 | -11.4% |
Germany | 328 | 221 | 230 | 164 | -20.6% |
France | 2.3 | 100 | 198 | 129 | 282.8% |
Turkey | 105 | 33.9 | 45.3 | 38.8 | -28.2% |
Others | 150 | 192 | 457 | 261 | 20.3% |
Total | 2,983 | 3,120 | 3,419 | 2,378 | -7.3% |
Top Suppliers of Animal or Vegetable Fertilisers to Norway in 2022:
- Sweden (1525.2 tons)
- Netherlands (503.0 tons)
- Canada (106.3 tons)
- Denmark (88.0 tons)
- France (73.3 tons)
- Germany (53.3 tons)
- Turkey (49.8 tons)
This report provides an in-depth analysis of the market for animal or vegetable fertilisers 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 20158000 - Animal or vegetable fertilisers
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
This report provides an in-depth analysis of the market for animal or vegetable fertilisers in Norway.
This report provides an in-depth analysis of the global market for animal or vegetable fertilisers.
This report provides an in-depth analysis of the market for animal or vegetable fertilisers in Norway.
This report provides an in-depth analysis of the global market for animal or vegetable fertilisers.
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