Norway: Trichloroethylene And Tetrachloroethylene Market 2024

Trichloroethylene And Tetrachloroethylene Market Size in Norway

After six years of growth, the Norwegian trichloroethylene and tetrachloroethylene market decreased by -1.9% to $X in 2021. In general, consumption showed a significant curtailment. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Trichloroethylene And Tetrachloroethylene Production in Norway

In value terms, trichloroethylene and tetrachloroethylene production reached $X in 2021 estimated in export price. Over the period under review, production showed a abrupt setback. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Trichloroethylene And Tetrachloroethylene Exports

Exports from Norway

In 2021, shipments abroad of trichloroethylene and tetrachloroethylene (perchloroethylene) decreased by -4.7% to X tons, falling for the eighth consecutive year after two years of growth. Over the period under review, exports, however, saw a perceptible increase. The most prominent rate of growth was recorded in 2013 with an increase of 668% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, trichloroethylene and tetrachloroethylene exports fell to $X in 2021. In general, exports showed a abrupt curtailment. The growth pace was the most rapid in 2013 when exports increased by 449% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Singapore (X tons) and Malaysia (X tons) were the main destinations of trichloroethylene and tetrachloroethylene exports from Norway.

From 2012 to 2021, the biggest increases were recorded for Malaysia (with a CAGR of +27.6%).

In value terms, the largest markets for trichloroethylene and tetrachloroethylene exported from Norway were Singapore ($X) and Malaysia ($X).

In terms of the main countries of destination, Malaysia, with a CAGR of +31.0%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2021, the average trichloroethylene and tetrachloroethylene export price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price faced a deep setback. The pace of growth was the most pronounced in 2019 when the average export price decreased by -1% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Singapore amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+2.6%).

Trichloroethylene And Tetrachloroethylene Imports

Imports into Norway

In 2021, the amount of trichloroethylene and tetrachloroethylene (perchloroethylene) imported into Norway contracted markedly to X tons, reducing by -24.5% against the year before. In general, imports recorded a significant decline. The most prominent rate of growth was recorded in 2019 when imports increased by 53%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, trichloroethylene and tetrachloroethylene imports contracted significantly to $X in 2021. Over the period under review, imports saw a dramatic descent. The growth pace was the most rapid in 2019 when imports increased by 14%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

The Czech Republic (X tons), Sweden (X tons) and the Netherlands (X kg) were the main suppliers of trichloroethylene and tetrachloroethylene imports to Norway, together comprising 77% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of -15.3%), while imports for the other leaders experienced a decline.

In value terms, Sweden ($X), the Czech Republic ($X) and the Netherlands ($X) constituted the largest trichloroethylene and tetrachloroethylene suppliers to Norway, with a combined 63% share of total imports.

The Netherlands, with a CAGR of -14.1%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average trichloroethylene and tetrachloroethylene import price amounted to $X per ton, with a decrease of -19.8% against the previous year. Overall, the import price, however, enjoyed a strong expansion. The growth pace was the most rapid in 2014 when the average import price increased by 110% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+34.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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