Scandinavia - Nitrogenous Fertilizers (Mineral or Chemical) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingScandinavia: Nitrogenous Fertilizer Market 2024
Nitrogenous Fertilizer Market Size in Scandinavia
In 2023, the Scandinavia nitrogenous fertilizer market decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. In general, consumption, however, saw notable growth. As a result, consumption reached the peak level of $X, and then fell rapidly in the following year.
Nitrogenous Fertilizer Production in Scandinavia
In value terms, nitrogenous fertilizer production dropped modestly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2022, and then reduced slightly in the following year.
Nitrogenous Fertilizer Exports
Exports in Scandinavia
In 2023, after three years of growth, there was significant decline in overseas shipments of nitrogenous fertilizers (mineral or chemical), when their volume decreased by X% to X tons. The total export volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons, and then contracted remarkably in the following year.
In value terms, nitrogenous fertilizer exports dropped markedly to $X in 2023. Over the period under review, exports, however, showed a moderate increase. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then shrank remarkably in the following year.
Exports by Country
Norway was the largest exporter of nitrogenous fertilizers (mineral or chemical) in Scandinavia, with the volume of exports finishing at X tons, which was near X% of total exports in 2023. Sweden (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Finland (X%).
Norway was also the fastest-growing in terms of the nitrogenous fertilizers (mineral or chemical) exports, with a CAGR of X% from 2012 to 2023. Sweden experienced a relatively flat trend pattern. Finland (X%) illustrated a downward trend over the same period. While the share of Norway (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Sweden (X p.p.) and Finland (X p.p.) displayed negative dynamics.
In value terms, Norway ($X) remains the largest nitrogenous fertilizer supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was held by Sweden ($X), with a X% share of total exports.
From 2012 to 2023, the average annual rate of growth in terms of value in Norway amounted to X%. In the other countries, the average annual rates were as follows: Sweden (X% per year) and Finland (X% per year).
Export Prices by Country
The export price in Scandinavia stood at $X per ton in 2023, shrinking by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2022 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton, and then dropped in the following year.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while Finland ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the other leaders experienced mixed trends in the export price figures.
Nitrogenous Fertilizer Imports
Imports in Scandinavia
In 2023, approx. X tons of nitrogenous fertilizers (mineral or chemical) were imported in Scandinavia; reducing by X% compared with the previous year's figure. Total imports indicated a measured increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2022 with an increase of X%. As a result, imports attained the peak of X tons, and then contracted notably in the following year.
In value terms, nitrogenous fertilizer imports reduced dramatically to $X in 2023. Overall, imports, however, saw perceptible growth. The pace of growth appeared the most rapid in 2022 with an increase of X%. As a result, imports attained the peak of $X, and then reduced dramatically in the following year.
Imports by Country
In 2023, Sweden (X tons) was the main importer of nitrogenous fertilizers (mineral or chemical), comprising X% of total imports. Norway (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Finland (X%).
Sweden was also the fastest-growing in terms of the nitrogenous fertilizers (mineral or chemical) imports, with a CAGR of X% from 2012 to 2023. At the same time, Norway (X%) and Finland (X%) displayed positive paces of growth. Sweden (X p.p.) significantly strengthened its position in terms of the total imports, while Finland saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the largest nitrogenous fertilizer importing markets in Scandinavia were Sweden ($X), Norway ($X) and Finland ($X).
Norway, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The import price in Scandinavia stood at $X per ton in 2023, falling by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The level of import peaked at $X per ton in 2022, and then dropped significantly in the following year.
Average prices varied somewhat amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Finland ($X per ton), while Sweden ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Finland (X%), while the other leaders experienced mixed trends in the import price figures.
Source: IndexBox Platform
This report provides an in-depth analysis of the nitrogenous fertilizer 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:
- FCL 4001 - Urea
- FCL 4002 - Ammonium sulphate
- FCL 4003 - Ammonium nitrate (AN)
- FCL 4004 - Calcium ammonium nitrate (CAN) and other mixtures with calcium carbonate
- FCL 4005 - Sodium nitrate
- FCL 4006 - Urea and ammonium nitrate solutions (UAN)
- FCL 4008 - Other nitrogenous fertilizers, n.e.c.
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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