The import of manganese oxides to Norway is projected to decrease steadily from 2024 to 2028. In 2023, the import value stood at $227.26 thousand USD. The forecasted values for the upcoming years are $208.84 thousand USD in 2024, $190.42 thousand USD in 2025, $172.38 thousand USD in 2026, $154.69 thousand USD in 2027, and $137.36 thousand USD in 2028. The year-on-year variations indicate a consistent decline, with 2025 expected to see an 8.82% drop from 2024, followed by a 9.47% decrease in 2026 from 2025, a 10.26% fall in 2027 from 2026, and a 11.85% decrease in 2028 from 2027. The compound annual growth rate (CAGR) over this five-year period averages a decrease of approximately 8.84% per year.
Future trends to watch include shifts in global manganese supply chains, changes in demand from industrial sectors in Norway, and potential advancements in alternative materials or technologies that could impact the import needs for manganese oxides. Monitoring economic and policy developments in key trading partners will also be crucial.
