Report Update Nov 1, 2024

Norway - Diazo-, Azo- or Azoxy-Compounds - Market Analysis, Forecast, Size, Trends and Insights

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Norway: Azo- Or Azoxy-Compounds Market 2024

Azo- Or Azoxy-Compounds Market Size in Norway

The Norwegian azo- or azoxy-compounds market surged to $X in 2022, picking up by 37% 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). Overall, consumption enjoyed a strong expansion. Azo- or azoxy-compounds consumption peaked in 2022 and is expected to retain growth in years to come.

Azo- Or Azoxy-Compounds Exports

Exports from Norway

In 2022, approx. X tons of diazo-, azo- or azoxy-compounds were exported from Norway; picking up by 581% against 2021 figures. In general, exports posted a significant expansion. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, azo- or azoxy-compounds exports soared to $X in 2022. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for azo- or azoxy-compounds exports from Norway, with a 91% share of total exports. It was followed by the Netherlands (X kg), with a 2.8% share of total exports. The third position in this ranking was held by the United States (X kg), with a 2.4% share.

From 2013 to 2022, the average annual rate of growth in terms of volume to Germany stood at +51.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (0.0% per year) and the United States (0.0% per year).

In value terms, the United States ($X) emerged as the key foreign market for diazo-, azo- or azoxy-compounds exports from Norway, comprising 23% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 3.2% share of total exports. It was followed by Germany, with a 2.6% share.

From 2013 to 2022, the average annual growth rate of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (0.0% per year) and Germany (+20.0% per year).

Export Prices by Country

In 2022, the average azo- or azoxy-compounds export price amounted to $X per ton, jumping by 20,053% against the previous year. In general, the export price showed a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+327.6%).

Azo- Or Azoxy-Compounds Imports

Imports into Norway

In 2022, supplies from abroad of diazo-, azo- or azoxy-compounds increased by 27% to X tons, rising for the sixth consecutive year after two years of decline. Overall, imports posted a buoyant expansion. The growth pace was the most rapid in 2017 with an increase of 99%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, azo- or azoxy-compounds imports surged to $X in 2022. In general, imports showed strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Latvia (X tons) constituted the largest azo- or azoxy-compounds supplier to Norway, accounting for a 61% share of total imports. Moreover, azo- or azoxy-compounds imports from Latvia exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fourfold. Mexico (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Latvia amounted to +59.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+12.9% per year) and Mexico (+8.1% per year).

In value terms, Latvia ($X) constituted the largest supplier of diazo-, azo- or azoxy-compounds to Norway, comprising 64% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 15% share of total imports. It was followed by Mexico, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Latvia totaled +139.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+12.9% per year) and Mexico (+7.3% per year).

Import Prices by Country

The average azo- or azoxy-compounds import price stood at $X per ton in 2022, surging by 41% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+50.4%), 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 diazo-, azo- or azoxy-compounds in the world?

China constituted the country with the largest volume of azo- or azoxy-compounds consumption, accounting for 22% of total volume. Moreover, azo- or azoxy-compounds consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with a 6% share.

What are the largest producers of diazo-, azo- or azoxy-compounds in the world?

China remains the largest azo- or azoxy-compounds producing country worldwide, accounting for 58% of total volume. Moreover, azo- or azoxy-compounds production in China exceeded the figures recorded by the second-largest producer, Indonesia, sixfold. India ranked third in terms of total production with a 9.5% share.

What are the leading suppliers of diazo-, azo- or azoxy-compounds to Norway?

In value terms, the largest azo- or azoxy-compounds suppliers to Norway were Mexico, the Netherlands and Belgium, with a combined 90% share of total imports. These countries were followed by the UK, which accounted for a further 3.2%.

What are the leading importers of diazo-, azo- or azoxy-compounds from Norway?

In value terms, the largest markets for azo- or azoxy-compounds exported from Norway were Denmark and Germany.

What is the average export price for diazo-, azo- or azoxy-compounds in Norway?

In 2021, the average azo- or azoxy-compounds export price amounted to $8,592 per ton, growing by 37% against the previous year.

What is the average import price for diazo-, azo- or azoxy-compounds in Norway?

The average azo- or azoxy-compounds import price stood at $15,166 per ton in 2021, dropping by -2% against the previous year.

This report provides an in-depth analysis of the azo- or azoxy-compounds 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 20144420 - Diazo-, azo- or azoxy-compounds

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
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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
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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