Norway: Metal Pickling Preparations Market 2024

Metal Pickling Preparations Market Size in Norway

In 2021, the Norwegian metal pickling preparations market increased by 23% to $X, rising for the second consecutive year after five years of decline. Over the period under review, consumption showed a relatively flat trend pattern. Metal pickling preparations consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Metal Pickling Preparations Exports

Exports from Norway

After two years of growth, overseas shipments of pickling preparations for metal surfaces decreased by -46.2% to X tons in 2021. Overall, exports showed a abrupt downturn. The pace of growth was the most pronounced in 2019 with an increase of 190% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, metal pickling preparations exports fell sharply to $X in 2021. In general, exports recorded a precipitous contraction. The pace of growth appeared the most rapid in 2019 when exports increased by 418% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

The Czech Republic (X tons) was the main destination for metal pickling preparations exports from Norway, with a 60% share of total exports. Moreover, metal pickling preparations exports to the Czech Republic exceeded the volume sent to the second major destination, Sweden (X tons), threefold. Denmark (X tons) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to the Czech Republic totaled +49.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-23.7% per year) and Denmark (-13.9% per year).

In value terms, the largest markets for metal pickling preparations exported from Norway were the Czech Republic ($X), Denmark ($X) and Sweden ($X), together comprising 51% of total exports.

The Czech Republic, with a CAGR of +42.4%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average metal pickling preparations export price amounted to $X per ton, growing by 28% against the previous year. In general, the export price, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2019 when the average export price increased by 78%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Denmark ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+50.8%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Pickling Preparations Imports

Imports into Norway

In 2021, supplies from abroad of pickling preparations for metal surfaces increased by 12% to X tons, rising for the third consecutive year after four years of decline. In general, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, metal pickling preparations imports soared to $X in 2021. Overall, imports, however, showed a relatively flat trend pattern. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of metal pickling preparations to Norway, with a 61% share of total imports. Moreover, metal pickling preparations imports from Germany exceeded the figures recorded by the second-largest supplier, Sweden (X tons), fivefold. The third position in this ranking was held by Italy (X tons), with an 8.4% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at +7.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-14.3% per year) and Italy (+5.4% per year).

In value terms, Germany ($X) constituted the largest supplier of pickling preparations for metal surfaces to Norway, comprising 55% of total imports. The second position in the ranking was held by Sweden ($X), with a 10% share of total imports. It was followed by the UK, with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +10.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-12.9% per year) and the UK (-5.0% per year).

Import Prices by Country

In 2021, the average metal pickling preparations import price amounted to $X per ton, increasing by 9.4% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 14% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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