Norway - Insecticides - Market Analysis, Forecast, Size, Trends and Insights
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Insecticide Market Size in Norway
In 2021, after two years of growth, there was significant decline in the Norwegian insecticide market, when its value decreased by -8.7% to $X. Overall, the total consumption indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +32.4% against 2018 indices. Insecticide consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.
Insecticide Exports
Exports from Norway
In 2021, exports of insecticides from Norway surged to X tons, jumping by 268% on 2020 figures. Over the period under review, exports saw a significant increase. The pace of growth was the most pronounced in 2018 when exports increased by 966% against the previous year. The exports peaked in 2021 and are likely to continue growth in years to come.
In value terms, insecticide exports surged to $X in 2021. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Exports by Country
Chile (X tons), Sweden (X tons) and Denmark (X tons) were the main destinations of insecticide exports from Norway, with a combined 96% share of total exports.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of +32.2%), while the other leaders experienced more modest paces of growth.
In value terms, Chile ($X) emerged as the key foreign market for insecticides exports from Norway, comprising 94% of total exports. The second position in the ranking was taken by Sweden ($X), with a 3.8% share of total exports. It was followed by Denmark, with a 0.6% share.
From 2012 to 2021, the average annual growth rate of value to Chile was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+40.5% per year) and Denmark (-0.6% per year).
Export Prices by Country
The average insecticide export price stood at $X per ton in 2021, growing by 706% against the previous year. In general, the export price continues to indicate a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to Denmark ($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 Germany (+8.6%), while the prices for the other major destinations experienced mixed trend patterns.
Insecticide Imports
Imports into Norway
In 2021, after two years of growth, there was significant decline in overseas purchases of insecticides, when their volume decreased by -13.4% to X tons. Over the period under review, imports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2019 with an increase of 54% against the previous year. Imports peaked at X tons in 2020, and then shrank in the following year.
In value terms, insecticide imports rose remarkably to $X in 2021. In general, total imports indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +27.9% against 2019 indices. The growth pace was the most rapid in 2015 with an increase of 55%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.
Imports by Country
In 2021, Denmark (X tons) constituted the largest supplier of insecticide to Norway, with a 29% share of total imports. Moreover, insecticide imports from Denmark exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was taken by Italy (X tons), with a 10% share.
From 2012 to 2021, the average annual growth rate of volume from Denmark totaled +9.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+11.7% per year) and Italy (+7.5% per year).
In value terms, Denmark ($X), Thailand ($X) and Sweden ($X) were the largest insecticide suppliers to Norway, together comprising 47% of total imports.
Thailand, with a CAGR of +97.5%, saw the highest rates of growth with regard to the value of imports, among 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 insecticide import price stood at $X per ton in 2021, surging by 23% against the previous year. Over the period under review, the import price, however, saw a pronounced shrinkage. Over the period under review, average import prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+29.1%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the insecticide 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 20201130 - Insecticides based on chlorinated hydrocarbons, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201140 - Insecticides based on carbamates, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201150 - Insecticides based on organophosphorus products, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201160 - Insecticides based on pyrethroids, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201190 - Other insecticides
- Prodcom 20201100 -
Country coverage:
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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