| Product Code: ETC5524889 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, the Republic of Macedonia saw a significant increase in liquid nitrogen imports, with top exporting countries being Serbia, Switzerland, Bulgaria, Croatia, and Czechia. Despite high concentration levels indicated by the HHI, the compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 19.14%. However, there was a notable decrease in the growth rate from 2023 to 2024 at -24.76%, suggesting potential shifts in the market dynamics. The data indicates a continued reliance on these key exporting countries for liquid nitrogen imports, highlighting the importance of monitoring trends and developments in this sector.

By 2027, North Macedonia's Liquid Nitrogen market is forecasted to achieve a growing growth rate of 8.82%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Republic of Macedonia Liquid Nitrogen Market Overview |
3.1 Republic of Macedonia Country Macro Economic Indicators |
3.2 Republic of Macedonia Liquid Nitrogen Market Revenues & Volume, 2021 & 2031F |
3.3 Republic of Macedonia Liquid Nitrogen Market - Industry Life Cycle |
3.4 Republic of Macedonia Liquid Nitrogen Market - Porter's Five Forces |
3.5 Republic of Macedonia Liquid Nitrogen Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
3.6 Republic of Macedonia Liquid Nitrogen Market Revenues & Volume Share, By Storage, Distribution and Transportation, 2021 & 2031F |
3.7 Republic of Macedonia Liquid Nitrogen Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.8 Republic of Macedonia Liquid Nitrogen Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
4 Republic of Macedonia Liquid Nitrogen Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for liquid nitrogen in the healthcare sector for cryotherapy and medical applications |
4.2.2 Growing adoption of liquid nitrogen in the food and beverage industry for freezing and packaging purposes |
4.2.3 Expansion of the electronics industry in Republic of Macedonia leading to higher demand for liquid nitrogen for semiconductor manufacturing |
4.3 Market Restraints |
4.3.1 Limited awareness and understanding of the benefits and applications of liquid nitrogen among end-users |
4.3.2 High initial setup costs associated with the storage and handling of liquid nitrogen |
4.3.3 Lack of proper infrastructure and distribution channels for liquid nitrogen in Republic of Macedonia |
5 Republic of Macedonia Liquid Nitrogen Market Trends |
6 Republic of Macedonia Liquid Nitrogen Market Segmentations |
6.1 Republic of Macedonia Liquid Nitrogen Market, By End-Use Industry |
6.1.1 Overview and Analysis |
6.1.2 Republic of Macedonia Liquid Nitrogen Market Revenues & Volume, By Chemicals & pharmaceuticals, 2021-2031F |
6.1.3 Republic of Macedonia Liquid Nitrogen Market Revenues & Volume, By Food & beverage, 2021-2031F |
6.1.4 Republic of Macedonia Liquid Nitrogen Market Revenues & Volume, By Healthcare, 2021-2031F |
6.1.5 Republic of Macedonia Liquid Nitrogen Market Revenues & Volume, By Metal manufacturing & construction, 2021-2031F |
6.1.6 Republic of Macedonia Liquid Nitrogen Market Revenues & Volume, By Rubber & Plastic, 2021-2031F |
6.1.7 Republic of Macedonia Liquid Nitrogen Market Revenues & Volume, By Others, 2021-2031F |
6.2 Republic of Macedonia Liquid Nitrogen Market, By Storage, Distribution and Transportation |
6.2.1 Overview and Analysis |
6.2.2 Republic of Macedonia Liquid Nitrogen Market Revenues & Volume, By Cylinder & packaged distribution, 2021-2031F |
6.2.3 Republic of Macedonia Liquid Nitrogen Market Revenues & Volume, By Merchant liquid distribution, 2021-2031F |
6.2.4 Republic of Macedonia Liquid Nitrogen Market Revenues & Volume, By Tonnage distribution, 2021-2031F |
6.3 Republic of Macedonia Liquid Nitrogen Market, By Function |
6.3.1 Overview and Analysis |
6.3.2 Republic of Macedonia Liquid Nitrogen Market Revenues & Volume, By Coolant, 2021-2031F |
6.3.3 Republic of Macedonia Liquid Nitrogen Market Revenues & Volume, By Refrigerant, 2021-2031F |
6.4 Republic of Macedonia Liquid Nitrogen Market, By Manufacturing Process |
6.4.1 Overview and Analysis |
6.4.2 Republic of Macedonia Liquid Nitrogen Market Revenues & Volume, By Cryogenic distillation, 2021-2031F |
6.4.3 Republic of Macedonia Liquid Nitrogen Market Revenues & Volume, By Pressure swing adsorption, 2021-2031F |
7 Republic of Macedonia Liquid Nitrogen Market Import-Export Trade Statistics |
7.1 Republic of Macedonia Liquid Nitrogen Market Export to Major Countries |
7.2 Republic of Macedonia Liquid Nitrogen Market Imports from Major Countries |
8 Republic of Macedonia Liquid Nitrogen Market Key Performance Indicators |
8.1 Average utilization rate of liquid nitrogen storage and distribution facilities |
8.2 Number of new applications and industries adopting liquid nitrogen in Republic of Macedonia |
8.3 Rate of investment in research and development for innovative uses of liquid nitrogen in various sectors |
9 Republic of Macedonia Liquid Nitrogen Market - Opportunity Assessment |
9.1 Republic of Macedonia Liquid Nitrogen Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
9.2 Republic of Macedonia Liquid Nitrogen Market Opportunity Assessment, By Storage, Distribution and Transportation, 2021 & 2031F |
9.3 Republic of Macedonia Liquid Nitrogen Market Opportunity Assessment, By Function, 2021 & 2031F |
9.4 Republic of Macedonia Liquid Nitrogen Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
10 Republic of Macedonia Liquid Nitrogen Market - Competitive Landscape |
10.1 Republic of Macedonia Liquid Nitrogen Market Revenue Share, By Companies, 2024 |
10.2 Republic of Macedonia Liquid Nitrogen Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |