Report Update Nov 1, 2024

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

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Norway: Sulphur Market 2024

Sulphur Market Size in Norway

The Norwegian sulphur market skyrocketed to $X in 2022, increasing by 32% against the previous year. Over the period under review, consumption showed a perceptible increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Sulphur Production in Norway

In value terms, sulphur production skyrocketed to $X in 2022 estimated in export price. Over the period under review, the total production indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -20.6% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 52%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Sulphur Exports

Exports from Norway

For the fourth consecutive year, Norway recorded decline in shipments abroad of sulphur, which decreased by -66.7% to X kg in 2022. Overall, exports continue to indicate a dramatic downturn. The pace of growth appeared the most rapid in 2018 with an increase of 120%. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, sulphur exports shrank dramatically to $X in 2022. In general, exports showed a dramatic decline. The pace of growth was the most pronounced in 2018 when exports increased by 180%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X kg), Sweden (X kg) and Denmark (X kg) were the main destinations of sulphur exports from Norway, with a combined 40% share of total exports. Moreover, sulphur exports in Spain exceeded the figures recorded by the second-largest exporter, Sweden, twofold.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +100.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Spain ($X), Germany ($X) and France ($X) constituted the largest markets for sulphur exported from Norway worldwide, with a combined 53% share of total exports. Moreover, sulphur exports in Spain exceeded the figures recorded by the second-largest exporter, Germany, twofold.

In terms of the main countries of destination, Spain, with a CAGR of +33.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average sulphur export price amounted to $X per ton, standing approx. at the previous year. Overall, the export price recorded a significant increase. The most prominent rate of growth was recorded in 2020 an increase of 1,268%. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Sweden ($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 Denmark (+44.6%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphur Imports

Imports into Norway

In 2022, the amount of sulphur imported into Norway surged to X tons, jumping by 105% compared with 2021. Overall, imports showed resilient growth. The pace of growth was the most pronounced in 2016 when imports increased by 459%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, sulphur imports soared to $X in 2022. Over the period under review, imports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 368%. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, Sweden (X tons) was the main supplier of sulphur to Norway, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Sweden amounted to +13.5%.

In value terms, Sweden ($X) constituted the largest supplier of sulphur to Norway.

From 2012 to 2022, the average annual growth rate of value from Sweden amounted to +19.1%.

Import Prices by Country

In 2022, the average sulphur import price amounted to $X per ton, rising by 118% against the previous year. In general, the import price posted a tangible expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Sweden.

From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to +5.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sulphur in the world?

China constituted the country with the largest volume of sulphur consumption, accounting for 35% of total volume. Moreover, sulphur consumption in China exceeded the figures recorded by the second-largest consumer, the United States, fourfold. Morocco ranked third in terms of total consumption with a 7.2% share.

What are the largest producers of sulphur in the world?

The country with the largest volume of sulphur production was China, comprising approx. 18% of total volume. Moreover, sulphur production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by Russia, with a 7.4% share.

What are the leading suppliers of sulphur to Norway?

In value terms, Sweden constituted the largest supplier of sulphur to Norway.

What are the leading importers of sulphur from Norway?

In value terms, Germany, France and Spain appeared to be the largest markets for sulphur exported from Norway worldwide, together accounting for 93% of total exports. These countries were followed by the UK and Sweden, which together accounted for a further 7.3%.

What is the average export price for sulphur in Norway?

The average sulphur export price stood at $109 per ton in 2021, with a decrease of -92.7% against the previous year.

What is the average import price for sulphur in Norway?

The average sulphur import price stood at $232 per ton in 2021, growing by 43% against the previous year.

This report provides an in-depth analysis of the sulphur 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:

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