Norway: Methylamine Market 2024

Methylamine Market Size in Norway

In 2022, the Norwegian methylamine market increased by X% to $X, rising for the second consecutive year after three years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level in 2022 and is likely to continue growth in the near future.

Methylamine Production in Norway

In value terms, methylamine production declined to $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt downturn. The growth pace was the most rapid in 2014 when the production volume increased by X%. Methylamine production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Methylamine Exports

Exports from Norway

In 2022, shipments abroad of methylamine, di- or trimethylamine and their salts increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, exports, however, continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, methylamine exports expanded slightly to $X in 2022. Over the period under review, exports, however, faced a sharp setback. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India (X tons) was the main destination for methylamine exports from Norway, with a X% share of total exports. Moreover, methylamine exports to India exceeded the volume sent to the second major destination, Italy (X tons), threefold. The third position in this ranking was taken by Germany (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to India was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Germany (X% per year).

In value terms, the largest markets for methylamine exported from Norway were Germany ($X), India ($X) and Italy ($X), together accounting for X% of total exports.

In terms of the main countries of destination, India, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average methylamine export price stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the export price recorded a abrupt slump. The most prominent rate of growth was recorded in 2016 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (X%), while the prices for the other major destinations experienced mixed trend patterns.

Methylamine Imports

Imports into Norway

In 2022, approx. X tons of methylamine, di- or trimethylamine and their salts were imported into Norway; growing by X% against 2021. In general, total imports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, methylamine imports surged to $X in 2022. Overall, total imports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, India (X tons) constituted the largest methylamine supplier to Norway, with a X% share of total imports. Moreover, methylamine imports from India exceeded the figures recorded by the second-largest supplier, Germany (X tons), eightfold. Belgium (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from India amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Belgium (X% per year).

In value terms, India ($X) constituted the largest supplier of methylamine, di- or trimethylamine and their salts to Norway, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with an X% share of total imports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from India amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Belgium (X% per year).

Import Prices by Country

The average methylamine import price stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the import price recorded a noticeable decrease. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :