Report Update Nov 1, 2024

Norway - Oxygen - Market Analysis, Forecast, Size, Trends and Insights

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Norway: Oxygen Market 2024

Oxygen Market Size in Norway

The Norwegian oxygen market fell to $X in 2022, waning by -4.1% against the previous year. In general, consumption, however, continues to indicate mild growth. Oxygen consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Oxygen Production in Norway

In value terms, oxygen production fell slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2017 with an increase of 297%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Oxygen Exports

Exports from Norway

In 2022, overseas shipments of oxygen were finally on the rise to reach X cubic meters for the first time since 2018, thus ending a three-year declining trend. In general, exports, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2018 with an increase of 274%. The exports peaked at X cubic meters in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, oxygen exports soared to $X in 2022. Over the period under review, exports, however, continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2018 when exports increased by 88% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Sweden (X cubic meters) was the main destination for oxygen exports from Norway, accounting for a 92% share of total exports. Moreover, oxygen exports to Sweden exceeded the volume sent to the second major destination, Finland (X cubic meters), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden amounted to -15.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+1.3% per year) and the Netherlands (+58.5% per year).

In value terms, Sweden ($X), Finland ($X) and the Netherlands ($X) appeared to be the largest markets for oxygen exported from Norway worldwide, with a combined 71% share of total exports.

In terms of the main countries of destination, the Netherlands, with a CAGR of +22.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average oxygen export price stood at $X per cubic meter in 2022, increasing by 3% against the previous year. Overall, the export price posted tangible growth. The pace of growth appeared the most rapid in 2017 when the average export price increased by 125% against the previous year. As a result, the export price attained the peak level of $X per cubic meter. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+9.8%), while the prices for the other major destinations experienced a decline.

Oxygen Imports

Imports into Norway

In 2022, oxygen imports into Norway reduced dramatically to X cubic meters, which is down by -18.6% on the year before. In general, imports recorded a abrupt descent. The growth pace was the most rapid in 2017 with an increase of 70%. As a result, imports attained the peak of X cubic meters. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, oxygen imports dropped to $X in 2022. Overall, imports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2017 with an increase of 77% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Sweden (X cubic meters) was the main supplier of oxygen to Norway, with a 92% share of total imports. Moreover, oxygen imports from Sweden exceeded the figures recorded by the second-largest supplier, Finland (X cubic meters), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Sweden amounted to -5.1%.

In value terms, Sweden ($X) constituted the largest supplier of oxygen to Norway, comprising 76% of total imports. The second position in the ranking was taken by Finland ($X), with a 6.1% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Sweden stood at -5.2%.

Import Prices by Country

In 2022, the average oxygen import price amounted to $X per cubic meter, with an increase of 4.5% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 12% against the previous year. As a result, import price attained the peak level of $X per cubic meter. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Finland ($X per cubic meter), while the price for Sweden amounted to $X per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+1.8%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for oxygen in the world?

The countries with the highest volumes of in 2021 were China, Russia and India, with a combined 36% share of global consumption. Japan, Pakistan, Brazil, Nigeria, the United States, the Netherlands, France, Italy, Saudi Arabia and Turkey lagged somewhat behind, together accounting for a further 28%.

What are the largest producers of oxygen in the world?

The countries with the highest volumes of in 2021 were China, Russia and India, together accounting for 36% of global production. These countries were followed by Japan, Pakistan, Brazil, the United States, Nigeria, the Netherlands, France, Italy, Saudi Arabia and Turkey, which together accounted for a further 28%.

What are the leading suppliers of oxygen to Norway?

In value terms, Sweden constituted the largest supplier of oxygen to Norway, comprising 78% of total imports. The second position in the ranking was occupied by Finland, with a 7.1% share of total imports.

What are the leading importers of oxygen from Norway?

In value terms, Sweden remains the key foreign market for oxygen exports from Norway.

What is the average export price for oxygen in Norway?

The average oxygen export price stood at $0.2 per cubic meter in 2021, declining by -10.3% against the previous year.

What is the average import price for oxygen in Norway?

In 2021, the average oxygen import price amounted to $0.3 per cubic meter, flattening at the previous year.

This report provides an in-depth analysis of the oxygen 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 20111170 - Oxygen

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