Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Norway - 2024
Contents:
- Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Norway (CIF) - 2022
- Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Norway (FOB) - 2022
- Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Norway
- Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Norway
Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Norway (CIF) - 2022
The average import price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 stood at $7,390 per ton in 2022, which is down by -4.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 27% against the previous year. As a result, import price reached the peak level of $7,774 per ton, and then contracted slightly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($14,387 per ton), while the price for Italy ($3,891 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Norway (FOB) - 2022
The average export price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 stood at $13,566 per ton in 2022, rising by 95% against the previous year. Overall, the export price enjoyed buoyant growth. As a result, the export price reached 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 Faroe Islands.
From 2012 to 2022, the rate of growth in terms of prices for Faroe Islands amounted to +0.7% per year.
Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Norway
Imports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 into Norway skyrocketed to 240 tons in 2022, increasing by 18% compared with 2021 figures. The total import volume increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 19% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 rose rapidly to $1.8M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 51%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Import of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 423 | 181 | 274 | 253 | -15.7% |
| Vietnam | 21.6 | 51.7 | 61.7 | 160 | 94.9% |
| Germany | 126 | 96.6 | 81.3 | 159 | 8.1% |
| Lithuania | 0.5 | 5.0 | 72.8 | 148 | 566.4% |
| China | 9.6 | 5.1 | 0.4 | 147 | 148.3% |
| Israel | N/A | N/A | N/A | 133 | 0% |
| United States | 104 | 32.4 | 5.1 | 129 | 7.4% |
| Iran | 2.3 | 1.7 | 263 | 116 | 269.5% |
| Italy | 67.9 | 61.3 | 123 | 90.0 | 9.8% |
| Thailand | 0.1 | 95.4 | 35.0 | 83.6 | 842.0% |
| Chile | 13.5 | 17.8 | 36.1 | 82.3 | 82.7% |
| Turkey | 67.6 | 83.1 | 104 | 73.3 | 2.7% |
| Spain | 110 | 8.8 | 12.9 | 40.3 | -28.4% |
| Others | 352 | 410 | 516 | 159 | -23.3% |
| Total | 1,299 | 1,050 | 1,585 | 1,774 | 10.9% |
Top Suppliers of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 to Norway in 2022:
- Denmark (53.7 tons)
- Germany (33.6 tons)
- Italy (23.1 tons)
- China (14.6 tons)
- Iran (13.5 tons)
- Thailand (13.3 tons)
- Lithuania (13.1 tons)
- Israel (12.8 tons)
- Vietnam (11.1 tons)
- Chile (10.8 tons)
- United States (9.9 tons)
- Spain (9.4 tons)
- Turkey (6.5 tons)
Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Norway
For the third consecutive year, Norway recorded decline in overseas shipments of nuts, edible; mixtures of nuts or dried fruits of chapter 8, which decreased by -77.3% to 189 kg in 2022. Overall, exports continue to indicate a sharp downturn. The smallest decline of -28.7% was in 2020.
In value terms, exports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 dropped dramatically to $2.6K in 2022. In general, exports showed a sharp downturn. The smallest decline of -15.7% was in 2020.
| Export of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Faroe Islands | 5.9 | 3.5 | 3.5 | 2.6 | -23.9% |
| Denmark | 11.8 | 13.0 | 1.8 | N/A | -60.9% |
| Others | 5.6 | 3.1 | 0.5 | N/A | -70.1% |
| Total | 23.3 | 19.6 | 5.8 | 2.6 | -51.9% |
Top Export Markets for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 from Norway in 2022:
- Faroe Islands (189.0 kg)
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