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Norway - Potato Chips - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPotato Chips Price in Norway - 2023
Contents:
- Potato Chips Price in Norway (CIF) - 2023
- Potato Chips Price in Norway (FOB) - 2023
- Potato Chips Imports in Norway
- Potato Chips Exports in Norway
Potato Chips Price in Norway (CIF) - 2023
In August 2023, the average potato chips import price amounted to $4,042 per ton, waning by -5.8% against the previous month. Over the period under review, import price indicated a slight expansion from August 2022 to August 2023: its price increased at an average monthly rate of +1.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, potato chips import price increased by +9.1% against June 2023 indices. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 52% month-to-month. As a result, import price reached the peak level of $5,456 per ton. From February 2023 to August 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Sweden ($7,377 per ton), while the price for the UK ($2,940 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 Spain (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Potato Chips Price in Norway (FOB) - 2023
The average potato chips export price stood at $4,234 per ton in August 2023, declining by -8.1% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 76% against the previous month. As a result, the export price reached the peak level of $8,890 per ton. From January 2023 to August 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Iceland ($6,010 per ton), while the average price for exports to Denmark ($3,996 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Iceland (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.
Potato Chips Imports in Norway
In 2022, the amount of potato chips imported into Norway surged to 2.7K tons, growing by 18% on the previous year. The total import volume increased at an average annual rate of +11.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 26% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, potato chips imports totaled $9M in 2022. The total import value increased at an average annual rate of +11.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 22% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
Import of Potato Chips in Norway (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 1.9 | 2.6 | 3.2 | 3.3 | 20.2% |
Italy | 1.2 | 0.9 | 0.8 | 1.4 | 5.3% |
United Kingdom | 1.0 | 1.4 | 1.0 | 1.2 | 6.3% |
Netherlands | 0.5 | 0.6 | 0.8 | 0.8 | 17.0% |
France | 0.5 | 0.9 | 0.7 | 0.7 | 11.9% |
Sweden | 0.8 | 0.5 | 0.5 | 0.5 | -14.5% |
Germany | 0.2 | 0.4 | 0.4 | 0.4 | 26.0% |
Others | 0.3 | 0.5 | 0.5 | 0.7 | 32.6% |
Total | 6.5 | 7.9 | 7.9 | 9.0 | 11.5% |
Top Suppliers of Potato Chips to Norway in 2022:
- Spain (1116.2 tons)
- Italy (474.0 tons)
- United Kingdom (412.7 tons)
- France (245.2 tons)
- Netherlands (132.2 tons)
- Germany (88.6 tons)
- Sweden (69.5 tons)
Potato Chips Exports in Norway
In 2022, shipments abroad of potato chips decreased by -55% to 366 tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 54% against the previous year. As a result, the exports reached the peak of 840 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, potato chips exports declined dramatically to $1.8M in 2022. Overall, exports saw a deep slump. The growth pace was the most rapid in 2020 with an increase of 47% against the previous year.
Export of Potato Chips in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 1,268 | 2,279 | 2,764 | 1,368 | 2.6% |
Iceland | 35.1 | 34.9 | 115 | 285 | 101.0% |
Denmark | 46.1 | 215 | 318 | 83.1 | 21.7% |
Faroe Islands | 19.5 | 21.4 | 18.5 | 35.5 | 22.1% |
Finland | 647 | 532 | 195 | N/A | -45.1% |
Poland | 143 | 80.8 | 1.6 | N/A | -89.4% |
Others | 3.5 | 7.2 | 11.0 | 8.1 | 32.3% |
Total | 2,162 | 3,171 | 3,424 | 1,779 | -6.3% |
Top Export Markets for Potato Chips from Norway in 2022:
- Sweden (283.8 tons)
- Iceland (54.2 tons)
- Denmark (20.9 tons)
- Faroe Islands (6.0 tons)
This report provides an in-depth analysis of the potato chips 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 10311430 - Potatoes prepared or preserved in the form of flour, meal or flakes (excluding frozen, crisps, by vinegar or acetic acid)
- Prodcom 10311460 - Potatoes prepared or preserved, including crisps (excluding frozen, dried, by vinegar or acetic acid, in the form of flour, m eal or flakes)
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
- 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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Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
Hungary dominates in the global trade of prepared sweet corn. In 2014, Hungary exported X thousand tons of prepared sweet corn totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of it
Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
Hungary dominates in the global trade of prepared sweet corn. In 2014, Hungary exported X thousand tons of prepared sweet corn totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of it