Report Update Nov 1, 2024

Norway - Ammonium Nitrate - Market Analysis, Forecast, Size, Trends and Insights

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Norway: Ammonium Nitrate Market 2024

Ammonium Nitrate Market Size in Norway

The Norwegian ammonium nitrate market contracted modestly to $X in 2021, declining by -2.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a pronounced shrinkage. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Ammonium Nitrate Exports

Exports from Norway

In 2021, exports of ammonium nitrate from Norway reduced to X tons, shrinking by -2.9% compared with the previous year's figure. Overall, exports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2020 with an increase of 140%. As a result, the exports attained the peak of X tons, and then reduced slightly in the following year.

In value terms, ammonium nitrate exports skyrocketed to $X in 2021. Over the period under review, exports, however, continue to indicate a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Denmark (X tons) was the main destination for ammonium nitrate exports from Norway, accounting for a 40% share of total exports. Moreover, ammonium nitrate exports to Denmark exceeded the volume sent to the second major destination, Sweden (X tons), fivefold.

From 2012 to 2021, the average annual growth rate of volume to Denmark amounted to +1.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+1.2% per year) and Niger (0.0% per year).

In value terms, the largest markets for ammonium nitrate exported from Norway were Sweden ($X), Denmark ($X) and Niger ($X), with a combined 57% share of total exports.

Among the main countries of destination, Niger, with a CAGR of 0.0%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average ammonium nitrate export price amounted to $X per ton, surging by 199% against the previous year. Overall, the export price, however, recorded a mild descent. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Niger ($X per ton), while the average price for exports to Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (-1.4%).

Ammonium Nitrate Imports

Imports into Norway

In 2021, purchases abroad of ammonium nitrate decreased by -10.7% to X tons, falling for the second year in a row after two years of growth. Overall, imports recorded a slight decrease. The most prominent rate of growth was recorded in 2013 when imports increased by 55% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, ammonium nitrate imports expanded sharply to $X in 2021. In general, imports continue to indicate a perceptible decline. The pace of growth was the most pronounced in 2013 with an increase of 56%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Sweden (X tons) constituted the largest supplier of ammonium nitrate to Norway, with a 75% share of total imports. Moreover, ammonium nitrate imports from Sweden exceeded the figures recorded by the second-largest supplier, Poland (X tons), sevenfold. Finland (X tons) ranked third in terms of total imports with an 8% share.

From 2012 to 2021, the average annual growth rate of volume from Sweden stood at +4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+8.0% per year) and Finland (-5.5% per year).

In value terms, Sweden ($X) constituted the largest supplier of ammonium nitrate to Norway, comprising 71% of total imports. The second position in the ranking was taken by Poland ($X), with a 15% share of total imports. It was followed by Finland, with a 7.8% share.

From 2012 to 2021, the average annual growth rate of value from Sweden was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+8.8% per year) and Finland (-7.2% per year).

Import Prices by Country

The average ammonium nitrate import price stood at $X per ton in 2021, growing by 18% against the previous year. Overall, the import price, however, recorded a slight curtailment. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Lithuania ($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 (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ammonium nitrate in the world?

The country with the largest volume of ammonium nitrate consumption was Russia, comprising approx. 24% of total volume. Moreover, ammonium nitrate consumption in Russia exceeded the figures recorded by the second-largest consumer, Brazil, threefold. Uzbekistan ranked third in terms of total consumption with a 5.4% share.

What are the largest producers of ammonium nitrate in the world?

The country with the largest volume of ammonium nitrate production was Russia, comprising approx. 41% of total volume. Moreover, ammonium nitrate production in Russia exceeded the figures recorded by the second-largest producer, Uzbekistan, sevenfold. Saudi Arabia ranked third in terms of total production with a 5.7% share.

What are the leading suppliers of ammonium nitrate to Norway?

In value terms, Sweden constituted the largest supplier of ammonium nitrate to Norway, comprising 61% of total imports. The second position in the ranking was occupied by Poland, with a 14% share of total imports. It was followed by Finland, with an 8.6% share.

What are the leading importers of ammonium nitrate from Norway?

In value terms, the largest markets for ammonium nitrate exported from Norway were Sweden, Denmark and Finland, together accounting for 84% of total exports.

What is the average export price for ammonium nitrate in Norway?

In 2021, the average ammonium nitrate export price amounted to $180 per ton, increasing by 87% against the previous year.

What is the average import price for ammonium nitrate in Norway?

In 2021, the average ammonium nitrate import price amounted to $420 per ton, waning by -1.9% against the previous year.

This report provides an in-depth analysis of the ammonium nitrate 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:

FCL 4003 -

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