Key Market Indicators
Norwegian imports of aromatics are projected to decline significantly, with the value expected to plummet from approximately $4,250 in 2023 to around $224 by 2028. This represents an average annual decrease of 41.9%. Historical data since 1998 reveals a consistent downward trend in Norwegian demand for aromatics, which has been decreasing at an average rate of 10.2% each year. The substantial drop forecasted over the next five years underscores the ongoing reduction in the country's reliance on these imports.
