Norway - Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Meat and Fish Extracts in Norway - 2023
Contents:
- Price for Meat and Fish Extracts in Norway (FOB) - 2023
- Price for Meat and Fish Extracts in Norway (CIF) - 2022
- Exports of Meat and Fish Extracts in Norway
- Imports of Meat and Fish Extracts in Norway
Price for Meat and Fish Extracts in Norway (FOB) - 2023
The average meat and fish extracts export price stood at $21,352 per ton in August 2023, growing by 28% against the previous month. In general, export price indicated a mild expansion from August 2022 to August 2023: its price increased at an average monthly rate of +1.1% 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, meat and fish extracts export price decreased by -18.0% against June 2023 indices. The growth pace was the most rapid in September 2022 an increase of 67% against the previous month. As a result, the export price reached the peak level of $31,256 per ton. From October 2022 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 Indonesia ($85,603 per ton), while the average price for exports to South Korea ($5,751 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 France (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Meat and Fish Extracts in Norway (CIF) - 2022
In 2022, the average meat and fish extracts import price amounted to $6,394 per ton, reducing by -22.4% against the previous year. Overall, the import price recorded a drastic downturn. The growth pace was the most rapid in 2019 when the average import price increased by 13% against the previous year. Over the period under review, average import prices hit record highs at $19,838 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($19,750 per ton), while the price for Thailand ($2,352 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Meat and Fish Extracts in Norway
In 2022, meat and fish extracts exports from Norway rose markedly to 147 tons, picking up by 13% against the previous year. The total export volume increased at an average annual rate of +5.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, meat and fish extracts exports expanded markedly to $4M in 2022. The total export value increased at an average annual rate of +9.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 21%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
Export of Meat and Fish Extracts in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | N/A | 325 | 568 | 685 | 45.2% |
Indonesia | 578 | 311 | 418 | 615 | 2.1% |
Spain | 61.9 | 2.6 | 295 | 443 | 92.7% |
France | 333 | 257 | 212 | 354 | 2.1% |
Germany | 216 | 249 | 263 | 292 | 10.6% |
China | 202 | 209 | 220 | 262 | 9.1% |
United States | 87.2 | 293 | 445 | 258 | 43.6% |
Switzerland | 376 | 250 | 393 | 234 | -14.6% |
Portugal | 65.3 | 95.2 | 135 | 193 | 43.5% |
Sweden | 122 | 76.1 | 97.6 | 188 | 15.5% |
United Kingdom | 698 | 437 | 91.6 | 123 | -43.9% |
Taiwan (Chinese) | 86.9 | 89.1 | 83.2 | 64.4 | -9.5% |
South Korea | N/A | 2.0 | 10.9 | 39.1 | 342.2% |
Others | 189 | 286 | 254 | 251 | 9.9% |
Total | 3,016 | 2,882 | 3,486 | 4,001 | 9.9% |
Top Export Markets for Meat and Fish Extracts from Norway in 2022:
- Spain (33.0 tons)
- Lithuania (22.0 tons)
- Switzerland (16.9 tons)
- Germany (9.4 tons)
- France (9.3 tons)
- Indonesia (9.1 tons)
- United States (8.2 tons)
- China (7.0 tons)
- South Korea (6.4 tons)
- Sweden (5.9 tons)
- Portugal (5.8 tons)
- United Kingdom (3.7 tons)
- Taiwan (Chinese) (1.8 tons)
Imports of Meat and Fish Extracts in Norway
In 2022, the amount of extracts and juices of meat, fish, crustaceans and molluscs imported into Norway surged to 127 tons, increasing by 117% compared with the previous year. In general, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 183%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, meat and fish extracts imports soared to $814K in 2022. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 114% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.
Import of Meat and Fish Extracts in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Albania | N/A | N/A | 214 | 538 | 151.4% |
France | 59.2 | 22.8 | 20.5 | 105 | 21.0% |
Czech Republic | 134 | N/A | N/A | 35.6 | -35.7% |
Thailand | 29.3 | 32.3 | 44.2 | 34.9 | 6.0% |
Germany | N/A | 1.4 | 35.1 | 31.1 | 371.3% |
Brazil | N/A | N/A | 81.5 | 21.9 | -73.1% |
Others | 73.8 | 170 | 88.3 | 47.6 | -13.6% |
Total | 296 | 227 | 484 | 814 | 40.1% |
Top Suppliers of Meat and Fish Extracts to Norway in 2022:
- Albania (95.0 tons)
- Thailand (14.8 tons)
- France (10.3 tons)
- Germany (2.7 tons)
- Czech Republic (1.8 tons)
- Brazil (1.1 tons)
This report provides an in-depth analysis of the market for meat and fish extracts 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 10891400 - Extracts and juices of meat, fish, crustaceans, molluscs or other aquatic invertebrates
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
This report provides an in-depth analysis of the market for meat and fish extracts in Norway.
This report provides an in-depth analysis of the global market for meat and fish extracts.
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This report provides an in-depth analysis of the market for meat and fish extracts in Norway.
This report provides an in-depth analysis of the global market for meat and fish extracts.
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