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Norway - Fresh Or Chilled Carcases Of Beef And Veal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFresh Beef Carcase Price in Norway - 2023
Contents:
- Fresh Beef Carcase Price in Norway (CIF) - 2023
- Fresh Beef Carcase Price in Norway (FOB) - 2022
- Fresh Beef Carcase Imports in Norway
- Fresh Beef Carcase Exports in Norway
Fresh Beef Carcase Price in Norway (CIF) - 2023
The average fresh beef carcase import price stood at $2,889 per ton in August 2023, which is down by -47.9% against the previous month. Overall, the import price saw a pronounced decrease. The most prominent rate of growth was recorded in July 2023 an increase of 131% m-o-m. As a result, import price attained the peak level of $5,546 per ton, and then contracted remarkably in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Finland ($20,850 per ton), while the price for Sweden ($552 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Finland (+43.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Fresh Beef Carcase Price in Norway (FOB) - 2022
The average fresh beef carcase export price stood at $36,948 per ton in 2022, jumping by 966% against the previous year. In general, the export price continues to indicate resilient growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +14.9% per year.
Fresh Beef Carcase Imports in Norway
In 2022, supplies from abroad of fresh or chilled carcases of beef and veal decreased by -42.2% to 9.3K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 99% against the previous year.
In value terms, fresh beef carcase imports declined remarkably to $49M in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 112%.
Import of Fresh Beef Carcase in Norway (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 9.9 | 21.0 | 33.5 | 41.7 | 61.5% |
Denmark | 0.1 | 0.1 | 0.1 | 6.4 | 300.0% |
Sweden | N/A | 0.1 | 0.2 | 0.5 | 123.6% |
Others | 11.6 | 24.6 | 39.4 | 0.7 | -60.8% |
Total | 21.6 | 45.8 | 73.1 | 49.3 | 31.7% |
Top Suppliers of Fresh Beef Carcase to Norway in 2022:
- Germany (7.5K tons)
- Denmark (1.2K tons)
- Sweden (0.6K tons)
Fresh Beef Carcase Exports in Norway
In 2022, overseas shipments of fresh or chilled carcases of beef and veal decreased by -98.5% to 135 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a significant decrease. The pace of growth appeared the most rapid in 2020 with an increase of 1.5% against the previous year. As a result, the exports attained the peak of 21 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, fresh beef carcase exports dropped notably to $5K in 2022. Overall, exports saw a dramatic curtailment. The smallest decline of -1.5% was in 2020.
Export of Fresh Beef Carcase in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | N/A | N/A | N/A | 5.0 | 0% |
Kuwait | N/A | 40.7 | N/A | N/A | 0% |
Denmark | 60.9 | 19.5 | 30.0 | N/A | -29.8% |
Others | 0.5 | 0.3 | 0.5 | N/A | 0.0% |
Total | 61.4 | 60.5 | 30.4 | 5.0 | -56.7% |
Top Export Markets for Fresh Beef Carcase from Norway in 2022:
- Netherlands (135.0 kg)
This report provides an in-depth analysis of the fresh beef carcase 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:
- Prodcom 10111140 - Fresh or chilled carcases, half-carcases and quarters with bone in, of beef and veal
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
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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
- 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 VOLUME AND VALUE
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
- 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
- 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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