Norway: Market for Saturated Acyclic Monocarboxylic Acids 2025

Market Size for Saturated Acyclic Monocarboxylic Acids in Norway

The Norwegian saturated acyclic monocarboxylic acids market surged to $X in 2022, increasing by X% against the previous year. Over the period under review, the total consumption indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Saturated Acyclic Monocarboxylic Acids in Norway

In value terms, saturated acyclic monocarboxylic acids production reduced to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Saturated Acyclic Monocarboxylic Acids

Exports from Norway

In 2022, saturated acyclic monocarboxylic acids exports from Norway surged to X tons, rising by X% against 2021 figures. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, saturated acyclic monocarboxylic acids exports surged to $X in 2022. Over the period under review, exports, however, continue to indicate a mild curtailment. The pace of growth was the most pronounced in 2017 when exports increased by X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The UK (X tons), Sweden (X tons) and Denmark (X tons) were the main destinations of saturated acyclic monocarboxylic acids exports from Norway, with a combined X% share of total exports. Germany, Poland, India, the Philippines, Vietnam, France, Turkey, the United States, Belgium and Switzerland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Denmark ($X) and Germany ($X) appeared to be the largest markets for saturated acyclic monocarboxylic acids exported from Norway worldwide, with a combined X% share of total exports. Sweden, the Philippines, India, Vietnam, the United States, Poland, Turkey, France, Belgium and Switzerland lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, India, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average saturated acyclic monocarboxylic acids export price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the export price, however, saw a mild shrinkage. The growth pace was the most rapid in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Saturated Acyclic Monocarboxylic Acids

Imports into Norway

In 2022, purchases abroad of saturated acyclic monocarboxylic acids increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, total imports indicated a measured increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, saturated acyclic monocarboxylic acids imports skyrocketed to $X in 2022. In general, imports, however, continue to indicate a slight curtailment. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Sweden (X tons) constituted the largest saturated acyclic monocarboxylic acids supplier to Norway, with a X% share of total imports. Moreover, saturated acyclic monocarboxylic acids imports from Sweden exceeded the figures recorded by the second-largest supplier, the UK (X tons), fourfold. The third position in this ranking was taken by the Netherlands (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Sweden stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and the Netherlands (X% per year).

In value terms, the largest saturated acyclic monocarboxylic acids suppliers to Norway were Sweden ($X), Canada ($X) and Germany ($X), with a combined X% share of total imports. The UK, the Netherlands, the United States, China, Belgium, Denmark, Mexico and Malaysia lagged somewhat behind, together accounting for a further X%.

The Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average saturated acyclic monocarboxylic acids import price stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the import price saw a noticeable curtailment. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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