Report Update Nov 1, 2024

Norway - Baths of Iron or Steel - Market Analysis, Forecast, Size, Trends and Insights

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Norway: Metal Bath Market 2024

Metal Bath Market Size in Norway

In 2021, the Norwegian metal bath market increased by 199% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, saw a perceptible reduction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Metal Bath Exports

Exports from Norway

Metal bath exports from Norway reduced notably to X kg in 2021, falling by -18% on 2020 figures. Over the period under review, exports showed a precipitous descent. The most prominent rate of growth was recorded in 2017 when exports increased by 639%. Over the period under review, the exports reached the peak figure at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, metal bath exports skyrocketed to $X in 2021. In general, exports showed a precipitous curtailment. The pace of growth was the most pronounced in 2017 when exports increased by 378%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Denmark (X kg), Sweden (X kg) and Lithuania (X kg) were the main destinations of metal bath exports from Norway.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sierra Leone (with a CAGR of +170.8%), while the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Finland ($X) and the United States ($X) appeared to be the largest markets for metal bath exported from Norway worldwide, with a combined 61% share of total exports. Sweden, Lithuania, Sierra Leone and Cameroon lagged somewhat behind, together accounting for a further 18%.

Lithuania, with a CAGR of +152.0%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average metal bath export price amounted to $X per ton, surging by 119% against the previous year. Overall, the export price, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2018 when the average export price increased by 130%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Finland ($X per ton), while the average price for exports to Cameroon ($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 Switzerland (+137.5%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Bath Imports

Imports into Norway

In 2021, supplies from abroad of baths of iron or steel increased by 190% to X tons, rising for the second consecutive year after two years of decline. In general, imports, however, showed a perceptible contraction. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, metal bath imports surged to $X in 2021. Over the period under review, imports, however, saw a noticeable setback. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Sweden (X tons) constituted the largest metal bath supplier to Norway, with a 81% share of total imports. Moreover, metal bath imports from Sweden exceeded the figures recorded by the second-largest supplier, Denmark (X tons), fivefold. Germany (X tons) ranked third in terms of total imports with a 9.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Sweden amounted to +6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+20.5% per year) and Germany (-5.2% per year).

In value terms, Sweden ($X), Denmark ($X) and the UK ($X) were the largest metal bath suppliers to Norway, with a combined 82% share of total imports.

In terms of the main suppliers, Denmark, with a CAGR of +20.2%, saw 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

In 2021, the average metal bath import price amounted to $X per ton, picking up by 2.9% against the previous year. Overall, the import price, however, recorded a perceptible reduction. The pace of growth appeared the most rapid in 2017 when the average import price increased by 15%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+10.1%), 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 baths of iron or steel in the world?

China constituted the country with the largest volume of metal bath consumption, accounting for 24% of total volume. Moreover, metal bath consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 10% share.

What are the largest producers of baths of iron or steel in the world?

The country with the largest volume of metal bath production was China, accounting for 29% of total volume. Moreover, metal bath production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 9.6% share.

What are the leading suppliers of baths of iron or steel to Norway?

In value terms, the largest metal bath suppliers to Norway were Sweden, China and Portugal, with a combined 62% share of total imports. These countries were followed by Germany, Poland, Finland and the Czech Republic, which together accounted for a further 26%.

What are the leading importers of baths of iron or steel from Norway?

In value terms, France, Sweden and Belgium constituted the largest markets for metal bath exported from Norway worldwide, with a combined 92% share of total exports. These countries were followed by Sierra Leone, Ghana and Serbia, which together accounted for a further 8.4%.

What is the average export price for baths of iron or steel in Norway?

In 2020, the average metal bath export price amounted to $9,412 per ton, increasing by 62% against the previous year.

What is the average import price for baths of iron or steel in Norway?

The average metal bath import price stood at $6,463 per ton in 2020, with a decrease of -14.3% against the previous year.

This report provides an in-depth analysis of the metal bath 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 25991127 - Baths of iron or steel

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