Scandinavia - Silver Nitrate - Market Analysis, Forecast, Size, Trends and Insights
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View PricingScandinavia: Silver Nitrate Market 2024
Silver Nitrate Exports
Exports in Scandinavia
In 2021, shipments abroad of silver nitrate decreased by -1.6% to X tons, falling for the second consecutive year after three years of growth. In general, exports saw a perceptible slump. The most prominent rate of growth was recorded in 2019 when exports increased by 130%. The volume of export peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.
In value terms, silver nitrate exports rose remarkably to $X in 2021. Total exports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +78.6% against 2016 indices. The growth pace was the most rapid in 2018 when exports increased by 52%. The level of export peaked in 2021 and is likely to see gradual growth in years to come.
Exports by Country
Sweden represented the main exporting country with an export of about X tons, which accounted for 87% of total exports. It was distantly followed by Denmark (X kg), creating a 13% share of total exports.
From 2012 to 2021, average annual rates of growth with regard to silver nitrate exports from Sweden stood at -4.8%. At the same time, Denmark (+18.5%) displayed positive paces of growth. Moreover, Denmark emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +18.5% from 2012-2021. From 2012 to 2021, the share of Denmark increased by +11 percentage points.
In value terms, Sweden ($X) remains the largest silver nitrate supplier in Scandinavia, comprising 94% of total exports. The second position in the ranking was held by Denmark ($X), with a 5.6% share of total exports.
From 2012 to 2021, the average annual growth rate of value in Sweden totaled +5.5%.
Export Prices by Country
In 2021, the export price in Scandinavia amounted to $X per ton, picking up by 8% against the previous year. In general, the export price enjoyed strong growth. The most prominent rate of growth was recorded in 2015 an increase of 341% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while Denmark amounted to $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+10.7%).
Silver Nitrate Imports
Imports in Scandinavia
After four years of growth, overseas purchases of silver nitrate decreased by -27.4% to X tons in 2021. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 51%. Over the period under review, imports reached the peak figure at X tons in 2020, and then reduced dramatically in the following year.
In value terms, silver nitrate imports dropped significantly to $X in 2021. Over the period under review, imports saw a mild contraction. The most prominent rate of growth was recorded in 2020 with an increase of 172% against the previous year. As a result, imports reached the peak of $X, and then contracted remarkably in the following year.
Imports by Country
In 2021, Sweden (X tons) was the main importer of silver nitrate, mixing up 47% of total imports. Norway (X tons) ranks second in terms of the total imports with an 18% share, followed by Finland (18%) and Denmark (15%).
Sweden experienced a relatively flat trend pattern with regard to volume of imports of silver nitrate. At the same time, Finland (+2.3%) and Norway (+1.7%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of +2.3% from 2012-2021. By contrast, Denmark (-4.5%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Finland and Norway increased by +4 and +3.4 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Sweden ($X) constitutes the largest market for imported silver nitrate in Scandinavia, comprising 63% of total imports. The second position in the ranking was held by Finland ($X), with a 17% share of total imports. It was followed by Norway, with a 10% share.
In Sweden, silver nitrate imports increased at an average annual rate of +1.7% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Finland (-1.1% per year) and Norway (-7.5% per year).
Import Prices by Country
The import price in Scandinavia stood at $X per ton in 2021, reducing by -42% against the previous year. Overall, the import price saw a mild reduction. The most prominent rate of growth was recorded in 2020 when the import price increased by 119% against the previous year. As a result, import price attained the peak level of $X per ton, and then fell markedly in the following year.
There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Sweden ($X per ton), while Norway ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+2.6%), while the other leaders experienced a decline in the import price figures.
Source: IndexBox Platform
This report provides an in-depth analysis of the silver nitrate market in Scandinavia. 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:
- Prodcom 20135183 - Silver nitrate
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Scandinavia, split by region and country
- Trade (exports and imports) in Scandinavia
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Finland
- Norway
- Sweden
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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