Norway: Articles Of Zinc Market 2025

Articles Of Zinc Market Size in Norway

In 2021, the Norwegian articles of zinc market increased by 12% to $X for the first time since 2017, thus ending a three-year declining trend. The market value increased at an average annual rate of +2.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Articles Of Zinc Exports

Exports from Norway

In 2021, overseas shipments of articles of zinc decreased by -32.2% to X tons, falling for the fourth consecutive year after three years of growth. Over the period under review, exports showed a drastic downturn. The pace of growth appeared the most rapid in 2017 when exports increased by 14%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, articles of zinc exports declined to $X in 2021. Overall, exports faced a deep downturn. The most prominent rate of growth was recorded in 2016 with an increase of 38%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons), Denmark (X tons) and Sweden (X tons) were the main destinations of articles of zinc exports from Norway, together accounting for 53% of total exports. The UK, Singapore, Ghana, Poland, Thailand, Germany, Canada, France, Spain and Cyprus lagged somewhat behind, together comprising a further 38%.

From 2012 to 2021, the biggest increases were recorded for Ghana (with a CAGR of +72.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), the Netherlands ($X) and Denmark ($X) were the largest markets for articles of zinc exported from Norway worldwide, with a combined 46% share of total exports. These countries were followed by the UK, Sweden, Canada, Ghana, Poland, Germany, Cyprus, France, Thailand and Spain, which together accounted for a further 33%.

In terms of the main countries of destination, Cyprus, with a CAGR of +85.8%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average articles of zinc export price stood at $X per ton in 2021, growing by 33% against the previous year. In general, export price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +9.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, articles of zinc export price increased by +136.4% against 2017 indices. The pace of growth was the most pronounced in 2013 an increase of 71% against the previous year. The export price peaked in 2021 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Thailand ($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 Canada (+30.3%), while the prices for the other major destinations experienced more modest paces of growth.

Articles Of Zinc Imports

Imports into Norway

In 2021, supplies from abroad of articles of zinc increased by 2.3% to X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, imports, however, saw a pronounced setback. The most prominent rate of growth was recorded in 2017 with an increase of 20% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, articles of zinc imports rose significantly to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 56% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Sweden (X tons), Germany (X tons) and Poland (X tons) were the main suppliers of articles of zinc imports to Norway, together comprising 58% of total imports.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +6.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Germany ($X) and China ($X) constituted the largest articles of zinc suppliers to Norway, with a combined 47% share of total imports. Denmark, Italy, Poland, France and Vietnam lagged somewhat behind, together accounting for a further 29%.

Among the main suppliers, Poland, with a CAGR of +9.4%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average articles of zinc import price stood at $X per ton in 2021, surging by 7% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.3%. The pace of growth appeared the most rapid in 2017 an increase of 30%. Over the period under review, average import prices reached the peak figure in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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