Norway: Market for Phosphorus, Arsenic And Selenium 2024

Market Size for Phosphorus, Arsenic And Selenium in Norway

In 2021, the Norwegian phosphorus, arsenic and selenium market decreased by -2.7% to $X, falling for the eighth year in a row after two years of growth. Over the period under review, consumption showed a abrupt decrease. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Phosphorus, Arsenic And Selenium in Norway

In value terms, phosphorus, arsenic and selenium production totaled $X in 2021 estimated in export price. Over the period under review, production showed a abrupt setback. The growth pace was the most rapid in 2016 when the production volume decreased by -0.1%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Phosphorus, Arsenic And Selenium

Exports from Norway

In 2021, the amount of phosphorus, arsenic and selenium exported from Norway skyrocketed to X tons, growing by 33% on the previous year's figure. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 13,118% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, phosphorus, arsenic and selenium exports soared to $X in 2021. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 33,849%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for phosphorus, arsenic and selenium exports from Norway, accounting for a approx. 100% share of total exports.

From 2013 to 2021, the average annual rate of growth in terms of volume to China amounted to +63.8%.

In value terms, China ($X) also remains the key foreign market for phosphorus, arsenic and selenium exports from Norway.

From 2013 to 2021, the average annual rate of growth in terms of value to China totaled +26.7%.

Export Prices by Country

The average phosphorus, arsenic and selenium export price stood at $X per ton in 2021, with an increase of 23% against the previous year. Over the period under review, the export price, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2017 an increase of 187% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2013 to 2021, the rate of growth in terms of prices for Belgium amounted to +74.9% per year.

Imports of Phosphorus, Arsenic And Selenium

Imports into Norway

In 2021, the amount of phosphorus, arsenic and selenium imported into Norway reduced remarkably to X tons, which is down by -83% compared with 2020 figures. Overall, imports recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by 2,381%. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, phosphorus, arsenic and selenium imports dropped slightly to $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 1,408%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Denmark (X tons) constituted the largest supplier of phosphorus, arsenic and selenium to Norway, with a 81% share of total imports. Moreover, phosphorus, arsenic and selenium imports from Denmark exceeded the figures recorded by the second-largest supplier, Italy (X kg), more than tenfold. Switzerland (X kg) ranked third in terms of total imports with a 4.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Denmark totaled -3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-15.6% per year) and Switzerland (-14.0% per year).

In value terms, Denmark ($X) constituted the largest supplier of phosphorus, arsenic and selenium to Norway, comprising 63% of total imports. The second position in the ranking was held by the United States ($X), with an 8.2% share of total imports. It was followed by Germany, with a 7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Denmark amounted to -15.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+4.5% per year) and Germany (-8.8% per year).

Import Prices by Country

In 2021, the average phosphorus, arsenic and selenium import price amounted to $X per ton, surging by 466% against the previous year. In general, the import price recorded a moderate increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+69.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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