Report Update Nov 1, 2024

Norway - Acrylonitrile - Market Analysis, Forecast, Size, Trends and Insights

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Norway: Acrylonitrile Market 2024

Acrylonitrile Market Size in Norway

The Norwegian acrylonitrile market was estimated at less than $X in 2021, therefore, remained relatively stable against the previous year. Over the period under review, consumption saw a relatively flat trend pattern.

Acrylonitrile Production in Norway

In value terms, acrylonitrile production fell notably to $X in 2021 estimated in export price. Overall, production, however, posted significant growth. Over the period under review, production hit record highs at $X in 2020, and then contracted notably in the following year.

Acrylonitrile Exports

Exports from Norway

In 2021, exports of acrylonitrile from Norway amounted to less than X kg, leveling off at 2020. Overall, exports continue to indicate a relatively flat trend pattern.

In value terms, acrylonitrile exports amounted to less than $X in 2021. Over the period under review, exports showed a relatively flat trend pattern. The smallest decline of 99.9% was in 2020. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Acrylonitrile Imports

Imports into Norway

In 2021, purchases abroad of acrylonitrile decreased by -1.4% to X kg, falling for the second year in a row after three years of growth. Over the period under review, imports showed a dramatic shrinkage. The pace of growth was the most pronounced in 2017 with an increase of 592% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, acrylonitrile imports declined modestly to $X in 2021. In general, imports recorded a significant decrease. The pace of growth was the most pronounced in 2017 when imports increased by 769%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X kg) constituted the largest acrylonitrile supplier to Norway, with a 68% share of total imports. Moreover, acrylonitrile imports from China exceeded the figures recorded by the second-largest supplier, Sweden (X kg), threefold. The third position in this ranking was held by Germany (X kg), with a 2.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +31.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-44.4% per year) and Germany (-4.4% per year).

In value terms, China ($X) constituted the largest supplier of acrylonitrile to Norway, comprising 70% of total imports. The second position in the ranking was taken by Germany ($X), with a 16% share of total imports. It was followed by Sweden, with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +27.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+35.9% per year) and Sweden (-44.1% per year).

Import Prices by Country

The average acrylonitrile import price stood at $X per ton in 2021, remaining stable against the previous year. In general, the import price, however, saw a resilient expansion. The pace of growth was the most pronounced in 2014 when the average import price increased by 47% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2020, and then fell slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+45.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for acrylonitrile in the world?

The countries with the highest volumes of acrylonitrile consumption in 2020 were the United States, Turkey and the UK, with a combined 39% share of global consumption. These countries were followed by China, the Netherlands, Japan, Malaysia, India, Taiwan Chinese), France, Mexico, the United Arab Emirates and Belgium, which together accounted for a further 50%.

What are the largest producers of acrylonitrile in the world?

The United States remains the largest acrylonitrile producing country worldwide, comprising approx. 43% of total volume. Moreover, acrylonitrile production in the United States exceeded the figures recorded by the second-largest producer, Japan, fourfold. The third position in this ranking was occupied by the UK, with a 10% share.

What are the leading suppliers of acrylonitrile to Norway?

In value terms, China constituted the largest supplier of acrylonitrile to Norway.

What is the average export price for acrylonitrile in Norway?

In 2009, the average acrylonitrile export price amounted to $1,740 per ton, remaining relatively unchanged against the previous year.

What is the average import price for acrylonitrile in Norway?

The average acrylonitrile import price stood at $21,206 per ton in 2020, rising by 123% against the previous year.

This report provides an in-depth analysis of the acrylonitrile market 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 20144350 - Acrylonitrile

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023