Report Update Nov 1, 2024

Norway - Saccharin and Its Salts - Market Analysis, Forecast, Size, Trends and Insights

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Norway: Saccharin Market 2024

Saccharin Market Size in Norway

The Norwegian saccharin market surged to $X in 2021, growing by 16% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption posted a perceptible expansion. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Saccharin Exports

Exports from Norway

Saccharin exports from Norway contracted to X kg in 2021, falling by -5.3% compared with 2020. Overall, exports recorded a sharp shrinkage. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, saccharin exports shrank to $X in 2021. In general, exports continue to indicate a dramatic contraction. The smallest decline of -5.7% was in 2020. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X kg) and Denmark (X kg) were the main destinations of saccharin exports from Norway.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +1.1%).

In value terms, Germany ($X) remains the key foreign market for saccharin and its salts exports from Norway, comprising 77% of total exports. The second position in the ranking was held by Denmark ($X), with a 14% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +4.8%.

Export Prices by Country

The average saccharin export price stood at $X per ton in 2021, remaining relatively unchanged against the previous year. Overall, the export price, however, posted a prominent increase. The most prominent rate of growth was recorded in 2018 an increase of 30% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2020, and then declined modestly in the following year.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Denmark stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.0%).

Saccharin Imports

Imports into Norway

In 2021, the amount of saccharin and its salts imported into Norway soared to X kg, picking up by 18% on 2020 figures. Overall, imports, however, recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of 93% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, saccharin imports totaled $X in 2021. Over the period under review, imports, however, saw a deep reduction. The growth pace was the most rapid in 2017 with an increase of 76%. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X kg), China (X kg) and Sweden (X kg) were the main suppliers of saccharin imports to Norway, together accounting for 53% of total imports. These countries were followed by Indonesia, Poland, Spain and Denmark, which together accounted for a further 22%.

From 2012 to 2021, the biggest increases were recorded for Denmark (with a CAGR of +5.5%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest saccharin suppliers to Norway were Germany ($X), China ($X) and Spain ($X), with a combined 37% share of total imports. Indonesia, Sweden, Poland and Denmark lagged somewhat behind, together comprising a further 24%.

Denmark, with a CAGR of +5.9%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average saccharin import price stood at $X per ton in 2021, with a decrease of -4.5% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.4%. The pace of growth was the most pronounced in 2015 an increase of 28%. The import price peaked at $X per ton in 2020, and then contracted modestly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Sweden ($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 (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for saccharin and its salts in the world?

The countries with the highest volumes of in 2021 were China, the United States and South Korea, together accounting for 32% of global consumption.

What are the largest producers of saccharin and its salts in the world?

China constituted the country with the largest volume of saccharin production, comprising approx. 81% of total volume. Moreover, saccharin production in China exceeded the figures recorded by the second-largest producer, South Korea, fivefold.

What are the leading suppliers of saccharin and its salts to Norway?

In value terms, Denmark, China and Spain appeared to be the largest saccharin suppliers to Norway, with a combined 57% share of total imports. Poland, Sweden, Germany and Indonesia lagged somewhat behind, together comprising a further 38%.

What are the leading importers of saccharin and its salts from Norway?

In value terms, Germany $714) remains the key foreign market for saccharin exports from Norway, comprising 91% of total exports. The second position in the ranking was occupied by Sweden $74), with a 9.4% share of total exports.

What is the average export price for saccharin and its salts in Norway?

In 2021, the average saccharin export price amounted to $19,700 per ton, with a decrease of -2.1% against the previous year.

What is the average import price for saccharin and its salts in Norway?

In 2021, the average saccharin import price amounted to $16,232 per ton, which is down by -26.1% against the previous year.

This report provides an in-depth analysis of the saccharin 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 20144320 - Saccharin and its salts

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