Norway: Market for Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates 2024

Market Size for Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates in Norway

The Norwegian chlorates, bromates and iodates market shrank to $X in 2021, falling by -8.3% 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 continues to indicate a abrupt setback. Chlorates, bromates and iodates consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Exports of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates

Exports from Norway

Chlorates, bromates and iodates exports from Norway was estimated at X tons in 2021, surging by 1.8% against 2020 figures. Over the period under review, exports, however, continue to indicate a deep reduction. The growth pace was the most rapid in 2019 when exports increased by 759% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, chlorates, bromates and iodates exports fell dramatically to $X in 2021. Overall, exports, however, continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2019 when exports increased by 126%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Sweden (X tons) was the main destination for chlorates, bromates and iodates exports from Norway, with a 48% share of total exports. Moreover, chlorates, bromates and iodates exports to Sweden exceeded the volume sent to the second major destination, Denmark (X tons), tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Sweden stood at -15.2%.

In value terms, Denmark ($X) and Sweden ($X) constituted the largest markets for chlorates, bromates and iodates exported from Norway worldwide.

Denmark, with a CAGR of +15.4%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2021, the average chlorates, bromates and iodates export price amounted to $X per ton, which is down by -27.5% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 223%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat 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 Denmark ($X per ton), while the average price for exports to Sweden stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+2.7%).

Imports of Chlorates And Perchlorates, Bromates And Perbromates, Iodates And Periodates

Imports into Norway

Chlorates, bromates and iodates imports into Norway dropped significantly to X tons in 2021, shrinking by -27.9% against 2020. Overall, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2017 with an increase of 9.4%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, chlorates, bromates and iodates imports contracted modestly to $X in 2021. Over the period under review, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2018 when imports increased by 20%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Sweden (X tons) constituted the largest supplier of chlorates, bromates and iodates to Norway, with a 88% share of total imports. Moreover, chlorates, bromates and iodates imports from Sweden exceeded the figures recorded by the second-largest supplier, Finland (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Sweden amounted to -12.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (-4.4% per year) and France (-29.4% per year).

In value terms, Sweden ($X) constituted the largest supplier of chlorates and perchlorates, bromates and perbromates, iodates and periodates to Norway, comprising 39% of total imports. The second position in the ranking was held by France ($X), with a 17% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Sweden totaled -14.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-8.7% per year) and Finland (-1.4% per year).

Import Prices by Country

In 2021, the average chlorates, bromates and iodates import price amounted to $X per ton, picking up by 35% against the previous year. Overall, import price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, chlorates, bromates and iodates import price increased by +17.4% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 France ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+29.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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