Report Update May 1, 2024

Norway - Phosphatic Fertilizers - Market Analysis, Forecast, Size, Trends and Insights

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Norway: Phosphatic Fertilizer Market 2024

Phosphatic Fertilizer Market Size in Norway

In 2022, after two years of growth, there was significant decline in the Norwegian phosphatic fertilizer market, when its value decreased by X% to $X. In general, consumption continues to indicate a pronounced setback. As a result, consumption attained the peak level of $X, and then dropped sharply in the following year.

Phosphatic Fertilizer Production in Norway

In value terms, phosphatic fertilizer production totaled less than $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the production volume decreased by X%. Phosphatic fertilizer production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Phosphatic Fertilizer Exports

Exports from Norway

In 2022, overseas shipments of phosphatic fertilizers increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, exports, however, continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, phosphatic fertilizer exports soared to $X in 2022. Overall, exports, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Spain (X tons) was the main destination for phosphatic fertilizer exports from Norway, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Spain was relatively modest.

In value terms, Spain ($X) emerged as the key foreign market for phosphatic fertilizers exports from Norway.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain was relatively modest.

Export Prices by Country

The average phosphatic fertilizer export price stood at $X per ton in 2022, declining by X% against the previous year. In general, the export price showed a pronounced downturn. The pace of growth appeared the most rapid in 2015 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, 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 Spain.

From 2012 to 2022, the rate of growth in terms of prices for Iceland amounted to X% per year.

Phosphatic Fertilizer Imports

Imports into Norway

In 2022, after two years of growth, there was significant decline in supplies from abroad of phosphatic fertilizers, when their volume decreased by X% to X tons. Overall, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, phosphatic fertilizer imports contracted significantly to $X in 2022. In general, imports continue to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then dropped markedly in the following year.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest phosphatic fertilizer supplier to Norway, accounting for a X% share of total imports. Moreover, phosphatic fertilizer imports from the Netherlands exceeded the figures recorded by the second-largest supplier, France (X tons), ninefold. Spain (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Spain (X% per year).

In value terms, the largest phosphatic fertilizer suppliers to Norway were the Netherlands ($X), Spain ($X) and France ($X), with a combined X% share of total imports.

Spain, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average phosphatic fertilizer import price amounted to $X per ton, rising by X% against the previous year. Overall, the import price saw resilient growth. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), 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 phosphatic fertilizers in the world?

The countries with the highest volumes of consumption in 2023 were Brazil, India and Indonesia, with a combined 49% share of global consumption. Israel, China, Vietnam, Mexico, Bangladesh, Egypt, Belarus and the United States lagged somewhat behind, together accounting for a further 28%.

What are the largest producers of phosphatic fertilizers in the world?

The countries with the highest volumes of production in 2022 were India, Brazil and China, with a combined 46% share of global production. Israel, Morocco, Vietnam, Mexico, Egypt, Belarus, Argentina, Indonesia, Spain and Poland lagged somewhat behind, together comprising a further 37%.

What are the leading suppliers of phosphatic fertilizers to Norway?

In value terms, the largest phosphatic fertilizer suppliers to Norway were the Netherlands, Spain and France, with a combined 97% share of total imports.

What are the leading importers of phosphatic fertilizers from Norway?

In value terms, Spain emerged as the key foreign market for phosphatic fertilizers exports from Norway.

What is the average export price for phosphatic fertilizers in Norway?

The average phosphatic fertilizer export price stood at $506 per ton in 2022, which is down by -59.1% against the previous year.

What is the average import price for phosphatic fertilizers in Norway?

In 2022, the average phosphatic fertilizer import price amounted to $1,574 per ton, growing by 62% against the previous year.

This report provides an in-depth analysis of the phosphatic fertilizer 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:

FCL 4012 - Superphosphates above 35%
FCL 4013 - Superphosphates, other
FCL 4014 - Other phosphatic fertilizers, n.e.c.

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