Norway: Gypsum And Anhydrite Market 2024

Gypsum And Anhydrite Market Size in Norway

In 2021, after three years of growth, there was decline in the Norwegian gypsum and anhydrite market, when its value decreased by -2.5% to $X. In general, consumption showed a strong increase. Over the period under review, the market attained the peak level at $X in 2020, and then shrank slightly in the following year.

Gypsum And Anhydrite Production in Norway

In value terms, gypsum and anhydrite production reduced modestly to $X in 2021 estimated in export price. Over the period under review, production saw a resilient expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by 51%. Gypsum and anhydrite production peaked at $X in 2020, and then declined slightly in the following year.

Gypsum And Anhydrite Exports

Exports from Norway

After two years of growth, shipments abroad of gypsum and anhydrite decreased by -5.8% to X tons in 2021. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by 19%. The exports peaked at X tons in 2020, and then dropped in the following year.

In value terms, gypsum and anhydrite exports amounted to $X in 2021. Over the period under review, exports, however, showed a prominent increase. The growth pace was the most rapid in 2017 when exports increased by 50%. Over the period under review, the exports reached the peak figure in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

The UK (X tons) was the main destination for gypsum and anhydrite exports from Norway, accounting for a 73% share of total exports. Moreover, gypsum and anhydrite exports to the UK exceeded the volume sent to the second major destination, the Netherlands (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume to the UK totaled +2.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-5.7% per year) and Belgium (-49.7% per year).

In value terms, the UK ($X) remains the key foreign market for gypsum and anhydrite exports from Norway, comprising 73% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 22% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the UK stood at +11.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+4.0% per year) and Belgium (-37.1% per year).

Export Prices by Country

In 2021, the average gypsum and anhydrite export price amounted to $X per ton, rising by 7.5% against the previous year. Overall, the export price recorded a prominent expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 48% against the previous year. Over the period under review, the average export prices attained the peak figure in 2021 and is expected to retain growth in the near future.

Average prices varied noticeably for the major overseas markets. In 2021, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Belgium ($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 Belgium (+27.3%), while the prices for the other major destinations experienced more modest paces of growth.

Gypsum And Anhydrite Imports

Imports into Norway

In 2021, the amount of gypsum and anhydrite imported into Norway surged to X tons, increasing by 20% on 2020. Overall, imports showed a buoyant expansion. The growth pace was the most rapid in 2018 with an increase of 125% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, gypsum and anhydrite imports reduced to $X in 2021. In general, imports enjoyed a noticeable expansion. The growth pace was the most rapid in 2018 when imports increased by 86% against the previous year. Over the period under review, imports attained the maximum at $X in 2020, and then declined in the following year.

Imports by Country

In 2021, Spain (X tons) was the main supplier of gypsum and anhydrite to Norway, accounting for a 91% share of total imports. Moreover, gypsum and anhydrite imports from Spain exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Spain stood at +8.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-6.6% per year) and Sweden (+15.0% per year).

In value terms, the largest gypsum and anhydrite suppliers to Norway were Spain ($X), Germany ($X) and Sweden ($X), with a combined 99% share of total imports.

Sweden, with a CAGR of +8.3%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average gypsum and anhydrite import price stood at $X per ton in 2021, waning by -25.3% against the previous year. Overall, the import price continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2017 an increase of 25% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Sweden ($X per ton), while the price for Spain ($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 (+8.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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