Norway: Sulphur Market 2025

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

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