Report Update Nov 1, 2024

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

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Norway: Zirconium Market 2024

Zirconium Market Size in Norway

After two years of decline, the Norwegian zirconium market increased by 524% to $X in 2022. Overall, consumption, however, showed a pronounced setback. Zirconium consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Zirconium Exports

Exports from Norway

In 2019, the amount of zirconium exported from Norway was estimated at X kg, flattening at the year before. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of 650%. Over the period under review, the exports attained the peak figure in 2019 and are expected to retain growth in years to come.

In value terms, zirconium exports stood at $X in 2019. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 586%. As a result, the exports reached the peak of $X. From 2015 to 2019, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Switzerland (X kg) was the main destination for zirconium exports from Norway, with a approx. 100% share of total exports.

From 2013 to 2019, the average annual rate of growth in terms of volume to Switzerland was relatively modest.

From 2013 to 2019, the average annual growth rate of value to Switzerland was relatively modest.

Export Prices by Country

The average zirconium export price stood at $X per ton in 2019, flattening at the previous year. Overall, the export price saw a abrupt downturn. The pace of growth was the most pronounced in 2016 when the average export price increased by 5.2%. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2019, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Switzerland.

From 2013 to 2019, the rate of growth in terms of prices for Austria amounted to -18.9% per year.

Zirconium Imports

Imports into Norway

In 2022, supplies from abroad of zirconium was finally on the rise to reach X kg after two years of decline. Overall, imports, however, saw a perceptible setback. The pace of growth was the most pronounced in 2016 when imports increased by 611%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, zirconium imports soared to $X in 2022. Over the period under review, imports, however, continue to indicate a noticeable decline. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

China (X kg), the United States (X kg) and the Netherlands (X kg) were the main suppliers of zirconium imports to Norway, with a combined 87% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +17.5%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the United States ($X) constituted the largest supplier of zirconium to Norway, comprising 69% of total imports. The second position in the ranking was taken by China ($X), with a 16% share of total imports. It was followed by the Netherlands, with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at -3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+10.9% per year) and the Netherlands (+7.8% per year).

Import Prices by Country

In 2022, the average zirconium import price amounted to $X per ton, increasing by 29% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. Over the period under review, average import prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.7%), 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 zirconium in the world?

The countries with the highest volumes of in 2021 were Australia, South Africa and China, together accounting for 76% of global consumption. These countries were followed by Indonesia, Mozambique, India and Ukraine, which together accounted for a further 20%.

What are the largest producers of zirconium in the world?

The countries with the highest volumes of in 2021 were Australia, South Africa and China, with a combined 76% share of global production. These countries were followed by Indonesia, Mozambique, India and Ukraine, which together accounted for a further 20%.

What are the leading suppliers of zirconium to Norway?

In value terms, the United States constituted the largest supplier of zirconium to Norway, comprising 82% of total imports. The second position in the ranking was occupied by China, with a 14% share of total imports.

What is the average export price for zirconium in Norway?

The average zirconium export price stood at $65,125 per ton in 2019, approximately reflecting the previous year.

What is the average import price for zirconium in Norway?

The average zirconium import price stood at $117,084 per ton in 2021, which is down by -60.1% against the previous year.

This report provides an in-depth analysis of the zirconium 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