Norway: Market for Acyclic Polyamines And Their Derivatives And Salts Thereof (Excl. Hexamethylenediamine and Ethylenediamine) 2024

Market Size for Acyclic Polyamines And Their Derivatives And Salts Thereof (Excl. Hexamethylenediamine and Ethylenediamine) in Norway

In 2021, after three years of growth, there was significant decline in the Norwegian market for acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine), when its value decreased by -33% to $X. Over the period under review, the total consumption indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2020, and then dropped remarkably in the following year.

Exports of Acyclic Polyamines And Their Derivatives And Salts Thereof (Excl. Hexamethylenediamine and Ethylenediamine)

Exports from Norway

In 2021, exports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) from Norway soared to X tons, with an increase of 6,671% against 2020. Overall, exports enjoyed a significant increase. Over the period under review, the exports of (excl. hexamethylenediamine and ethylenediamine) hit record highs at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) surged to $X in 2021. Over the period under review, exports recorded significant growth. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Denmark (X tons) was the main destination for exports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) from Norway, accounting for a 70% share of total exports. Moreover, exports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) to Denmark exceeded the volume sent to the second major destination, the United States (X kg), sixfold. The third position in this ranking was taken by Japan (X kg), with a 4.3% share.

From 2013 to 2021, the average annual growth rate of volume to Denmark amounted to +113.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+40.8% per year) and Japan (+60.3% per year).

In value terms, Denmark ($X) emerged as the key foreign market for acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) exports from Norway, comprising 57% of total exports. The second position in the ranking was taken by the United States ($X), with a 15% share of total exports. It was followed by Japan, with a 5.9% share.

From 2013 to 2021, the average annual growth rate of value to Denmark stood at +116.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+49.8% per year) and Japan (+70.3% per year).

Export Prices by Country

The average export price for acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) stood at $X per ton in 2021, jumping by 59% against the previous year. In general, the export price continues to indicate resilient growth. Over the period under review, the average export prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Japan ($X per ton), while the average price for exports to Israel ($X per ton) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acyclic Polyamines And Their Derivatives And Salts Thereof (Excl. Hexamethylenediamine and Ethylenediamine)

Imports into Norway

In 2021, supplies from abroad of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) decreased by -47.9% to X tons, falling for the second consecutive year after two years of growth. In general, imports, however, posted moderate growth. The pace of growth was the most pronounced in 2018 when imports increased by 85%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, imports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) shrank sharply to $X in 2021. Overall, total imports indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when imports increased by 43%. Imports peaked at $X in 2020, and then fell dramatically in the following year.

Imports by Country

Canada (X tons), Sweden (X tons) and Germany (X tons) were the main suppliers of imports of acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) to Norway, with a combined 70% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Canada (with a CAGR of +45.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Canada ($X) and Sweden ($X) appeared to be the largest acyclic polyamines and their derivatives and salts thereof suppliers to Norway, with a combined 77% share of total imports.

Among the main suppliers, Canada, with a CAGR of +41.2%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for acyclic polyamines and their derivatives and salts thereof (excl. hexamethylenediamine and ethylenediamine) stood at $X per ton in 2021, increasing by 45% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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