Norway: Aniline Derivatives Market 2024

Aniline Derivatives Market Size in Norway

The Norwegian aniline derivatives market surged to $X in 2021, with an increase of 38% 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). Over the period under review, consumption, however, showed a slight shrinkage. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Aniline Derivatives Exports

Exports from Norway

After two years of decline, shipments abroad of aniline derivatives and their salts increased by 118% to X kg in 2021. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by 197% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, aniline derivatives exports surged to $X in 2021. In general, exports, however, recorded a precipitous curtailment. The pace of growth appeared the most rapid in 2018 when exports increased by 873% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Sweden (X kg) was the main destination for aniline derivatives exports from Norway, with a 69% share of total exports. Moreover, aniline derivatives exports to Sweden exceeded the volume sent to the second major destination, Turkey (X kg), threefold.

From 2013 to 2021, the average annual growth rate of volume to Sweden totaled +15.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (-10.7% per year) and the UK (-2.7% per year).

In value terms, Sweden ($X) remains the key foreign market for aniline derivatives and their salts exports from Norway, comprising 67% of total exports. The second position in the ranking was held by Turkey ($X), with a 27% share of total exports.

From 2013 to 2021, the average annual rate of growth in terms of value to Sweden stood at +20.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (-5.0% per year) and the UK (-19.4% per year).

Export Prices by Country

In 2021, the average aniline derivatives export price amounted to $X per ton, picking up by 14% against the previous year. In general, the export price, however, saw a significant contraction. The most prominent rate of growth was recorded in 2018 an increase of 237% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Aniline Derivatives Imports

Imports into Norway

In 2021, the amount of aniline derivatives and their salts imported into Norway skyrocketed to X tons, increasing by 30% compared with the year before. Overall, imports, however, continue to indicate a mild setback. The growth pace was the most rapid in 2019 when imports increased by 37%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, aniline derivatives imports surged to $X in 2021. Over the period under review, imports recorded a perceptible expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 568%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, the Czech Republic (X tons) was the main aniline derivatives supplier to Norway, with a 95% share of total imports. Moreover, aniline derivatives imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, South Korea (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from the Czech Republic was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+5.1% per year) and Germany (-50.2% per year).

In value terms, South Korea ($X) constituted the largest supplier of aniline derivatives and their salts to Norway, comprising 69% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 21% share of total imports.

From 2012 to 2021, the average annual growth rate of value from South Korea amounted to +7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (-0.7% per year) and Germany (-26.0% per year).

Import Prices by Country

The average aniline derivatives import price stood at $X per ton in 2021, increasing by 179% against the previous year. In general, the import price posted a pronounced expansion. The pace of growth appeared the most rapid in 2018 when the average import price increased by 594% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

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 South Korea ($X per ton), while the price for the Czech Republic ($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 (+51.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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