Key Market Indicators
The country ranked number 23 in 2015, Denmark came ahead with 6 Kilograms. The United States, Japan and the United Kingdom respectively ranked numbers 2, 3 and 4 in this ranking. Norwegian demand for palladium is on a declining trend, set to reach 70.16 Kilograms by 2026. This marks a 12.8% decrease from 2021 figures, and a 17.5% decrease since 2005. In 2021, Norway ranked 26th in the world for palladium imports, importing 154.03 Kilograms. Malaysia was the leading importer, followed by the United States, Japan and the United Kingdom. In terms of exports, Norway had only 2 Kilograms in 2015, compared to 3 Kilograms in 2014. The country ranked 23rd in the world, with Denmark being the leading exporter at 6 Kilograms. The United States, Japan and the United Kingdom were the leading exporters, in that order.