Report Update Nov 1, 2024

Norway - Octanol (Octyl Alcohol) and Isomers Thereof - Market Analysis, Forecast, Size, Trends and Insights

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Norway: Octyl Alcohol Market 2024

Octyl Alcohol Market Size in Norway

The Norwegian octyl alcohol market declined slightly to $X in 2022, with a decrease of -1.5% against the previous year. In general, the total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +7.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +2.8% against 2020 indices. Octyl alcohol consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Octyl Alcohol Production in Norway

In value terms, octyl alcohol production reduced to $X in 2022 estimated in export price. In general, the total production indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +1.9% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 47%. Octyl alcohol production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Octyl Alcohol Exports

Exports from Norway

In 2022, the amount of octanol (octyl alcohol) and isomers thereof exported from Norway skyrocketed to X tons, with an increase of 744% compared with 2021 figures. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, octyl alcohol exports soared to $X in 2022. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X tons) and Sweden (X tons) were the main destinations of octyl alcohol exports from Norway.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of +50.1%).

In value terms, the Netherlands ($X) and Sweden ($X) appeared to be the largest markets for octyl alcohol exported from Norway worldwide.

Among the main countries of destination, Sweden, with a CAGR of +46.7%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The average octyl alcohol export price stood at $X per ton in 2022, shrinking by -12.9% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 27% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Sweden amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+1.9%), while the prices for the other major destinations experienced mixed trend patterns.

Octyl Alcohol Imports

Imports into Norway

In 2022, the amount of octanol (octyl alcohol) and isomers thereof imported into Norway rose slightly to X tons, growing by 2.5% on the previous year. In general, imports showed a significant increase. The pace of growth appeared the most rapid in 2016 when imports increased by 1,409%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, octyl alcohol imports stood at $X in 2022. Over the period under review, imports posted significant growth. The pace of growth appeared the most rapid in 2016 with an increase of 651% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, Sweden (X tons) was the main octyl alcohol supplier to Norway, with a approx. 99.9% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Sweden stood at +32.3%.

In value terms, Sweden ($X) constituted the largest supplier of octanol (octyl alcohol) and isomers thereof to Norway.

From 2012 to 2022, the average annual rate of growth in terms of value from Sweden totaled +32.2%.

Import Prices by Country

The average octyl alcohol import price stood at $X per ton in 2022, declining by -2.2% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 47% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Sweden.

From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to -0.1% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for octanol (octyl alcohol) and isomers thereof in the world?

China constituted the country with the largest volume of octyl alcohol consumption, comprising approx. 21% of total volume. Moreover, octyl alcohol consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 7.9% share.

What are the largest producers of octanol (octyl alcohol) and isomers thereof in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 36% of global production.

What are the leading suppliers of octanol (octyl alcohol) and isomers thereof to Norway?

In value terms, the largest octyl alcohol suppliers to Norway were Sweden, the UK and Belgium, together accounting for 99% of total imports.

What are the leading importers of octanol (octyl alcohol) and isomers thereof from Norway?

In value terms, the Netherlands remains the key foreign market for octyl alcohol exports from Norway.

What is the average export price for octanol (octyl alcohol) and isomers thereof in Norway?

The average octyl alcohol export price stood at $2,452 per ton in 2021, picking up by 5.4% against the previous year.

What is the average import price for octanol (octyl alcohol) and isomers thereof in Norway?

In 2021, the average octyl alcohol import price amounted to $1,898 per ton, remaining relatively unchanged against the previous year.

This report provides an in-depth analysis of the octyl alcohol 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 20142263 - Octanol (octyl alcohol) and isomers thereof

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
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.

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