Norway - Avocados - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAvocado Price in Norway - 2023
Contents:
- Avocado Price in Norway (CIF) - 2023
- Avocado Price in Norway (FOB) - 2022
- Avocado Imports in Norway
- Avocado Exports in Norway
Avocado Price in Norway (CIF) - 2023
In September 2023, the average avocado import price amounted to $4,446 per ton, jumping by 16% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.1%. Over the period under review, average import prices hit record highs at $5,053 per ton in April 2023; however, from May 2023 to September 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the highest price was recorded for prices from Kenya ($4,580 per ton) and Peru ($4,468 per ton), while the price for Colombia ($3,463 per ton) and South Africa ($4,302 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Chile (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Avocado Price in Norway (FOB) - 2022
In 2022, the average avocado export price amounted to $4,666 per ton, with a decrease of -16.9% against the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, avocado export price increased by +75.0% against 2016 indices. The most prominent rate of growth was recorded in 2014 an increase of 52% against the previous year. The export price peaked at $5,613 per ton in 2021, and then shrank rapidly in the following year.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($5,514 per ton), while the average price for exports to the Netherlands stood at $4,599 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+6.9%).
Avocado Imports in Norway
In 2022, purchases abroad of avocados decreased by -4.4% to 15K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 6.3%.
In value terms, avocado imports shrank significantly to $61M in 2022. In general, imports recorded a pronounced setback. The growth pace was the most rapid in 2021 with an increase of 12% against the previous year. As a result, imports reached the peak of $76M, and then shrank dramatically in the following year.
Import of Avocado in Norway (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Peru | 7.1 | 7.7 | 10.3 | 23.5 | 49.0% |
Chile | 6.3 | 5.6 | 5.0 | 15.7 | 35.6% |
Colombia | 1.7 | 2.8 | 4.6 | 5.9 | 51.4% |
Spain | 1.7 | 2.4 | 1.7 | 5.6 | 48.8% |
Israel | 0.8 | 0.5 | 1.2 | 2.5 | 46.2% |
South Africa | 1.0 | 0.9 | 1.0 | 2.5 | 35.7% |
Kenya | 0.5 | 0.5 | 0.6 | 2.4 | 68.7% |
Mexico | 2.6 | 1.3 | 1.0 | 0.8 | -32.5% |
Netherlands | 19.7 | 20.9 | 23.4 | N/A | 9.0% |
Others | 23.7 | 24.7 | 26.9 | 1.9 | -56.9% |
Total | 64.9 | 67.5 | 75.7 | 60.9 | -2.1% |
Top Suppliers of Avocado to Norway in 2022:
- Peru (6.0K tons)
- Chile (3.5K tons)
- Colombia (1.6K tons)
- Spain (1.4K tons)
- Israel (0.6K tons)
- South Africa (0.6K tons)
- Kenya (0.6K tons)
- Mexico (0.2K tons)
Avocado Exports in Norway
In 2022, overseas shipments of avocados were finally on the rise to reach 1.6 tons after two years of decline. Overall, exports, however, recorded a significant curtailment.
In value terms, avocado exports surged to $7.4K in 2022. In general, exports, however, faced a sharp contraction.
Export of Avocado in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 67.7 | 9.8 | 3.3 | 6.8 | -53.5% |
Czech Republic | 5.9 | 1.5 | 0.2 | 0.6 | -53.3% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 73.5 | 11.3 | 3.5 | 7.4 | -53.5% |
Top Export Markets for Avocado from Norway in 2022:
- Netherlands (1472.0 kg)
- Czech Republic (109.0 kg)
This report provides an in-depth analysis of the avocado market in Norway. 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 572 - Avocados
Country coverage:
- Norway
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Norway
- 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
-
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
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- 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 -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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 Of Origin, 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, By Country Of Destination, 2012–2023
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The global avocado market is predicted to experience continued growth over the next seven years, driven by increasing demand. Market performance is expected to expand with a CAGR of +3.9% in volume terms, reaching 12M tons by 2030. In value terms, the market is forecasted to increase with a CAGR of +6.0% to $29B by the end of 2030.
Explore the top import markets for avocados and their key statistics. From the United States to Italy, these countries play a vital role in meeting the global demand for avocados. Learn more about the market trends and dynamics within the avocado import industry.
The global avocado market revenue amounted to $13.5B in 2018, reducing by -9.3% against the previous year. This...
Global avocado consumption totaled X tons in 2017, increasing by X% against the previous year.
In 2016, the avocados market increased to X tons, expanding at +X% per year from 2007 to 2016. Over the last six years, market displayed a consistent growth; it accelerated sharply from 2011-2016 after a period of relatively flat trend pattern
Global avocado consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
Global avocado exports amounted to X thousand tons in 2015, rising by +X% against the previous year level.
Global avocado imports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
In 2015, the country with the largest volume of the avocado output was Mexico (X thousand tons), accounting for X% of global production.
Mexico seized control of the avocado market. In 2014, Mexico exported X thousand tons of avocado totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total avocado exports in