Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Norway - 2024
Contents:
- Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Norway (CIF) - 2024
- Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Norway (FOB) - 2022
- Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Norway
- Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Norway
Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Norway (CIF) - 2024
The average import price for vegetables; potatoes (other than seed), fresh or chilleds stood at $739 per ton in January 2024, which is down by -28.4% against the previous month. Overall, the import price saw a slight downturn. The pace of growth was the most pronounced in August 2023 an increase of 124% month-to-month. The import price peaked at $1,435 per ton in September 2023; however, from October 2023 to January 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was the UK ($1,490 per ton), while the price for Denmark ($468 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Israel (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Norway (FOB) - 2022
In 2022, the average export price for vegetables; potatoes (other than seed), fresh or chilleds amounted to $704 per ton, dropping by -2.8% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 17%. The export price peaked at $1,073 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($1,745 per ton), while the average price for exports to France totaled $383 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+30.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Norway
In 2022, purchases abroad of vegetables; potatoes (other than seed), fresh or chilleds decreased by -33.8% to 27K tons, falling for the second year in a row after two years of growth. In general, imports recorded a deep contraction. The pace of growth was the most pronounced in 2020 with an increase of 52%. As a result, imports reached the peak of 58K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of vegetables; potatoes (other than seed), fresh or chilleds dropped rapidly to $18M in 2022. Over the period under review, imports faced a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 20% against the previous year. As a result, imports attained the peak of $29M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 9.4 | 8.4 | 7.6 | 5.5 | -16.4% |
| Israel | 5.7 | 7.5 | 6.6 | 5.4 | -1.8% |
| United Kingdom | 2.0 | 1.7 | 2.3 | 2.5 | 7.7% |
| Denmark | 5.2 | 7.2 | 5.1 | 2.0 | -27.3% |
| Belgium | N/A | N/A | 0.1 | 0.8 | 700.0% |
| Finland | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| Sweden | 0.6 | 1.4 | 0.5 | 0.2 | -30.7% |
| Germany | 0.1 | 2.0 | 0.5 | 0.2 | 26.0% |
| Others | 1.2 | 1.0 | 1.3 | 0.7 | -16.4% |
| Total | 24.5 | 29.4 | 24.2 | 17.7 | -10.3% |
Top Suppliers of Vegetables; Potatoes (Other than Seed), Fresh or Chilled to Norway in 2022:
- Israel (7.5K tons)
- France (6.1K tons)
- Denmark (5.6K tons)
- United Kingdom (2.9K tons)
- Belgium (2.1K tons)
- Finland (0.7K tons)
- Germany (0.7K tons)
- Sweden (0.5K tons)
Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Norway
For the fourth year in a row, Norway recorded growth in overseas shipments of vegetables; potatoes (other than seed), fresh or chilleds, which increased by 60% to 16 tons in 2022. Over the period under review, exports recorded significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 150% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of vegetables; potatoes (other than seed), fresh or chilleds skyrocketed to $11K in 2022. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 125% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | N/A | N/A | N/A | 5.8 | 0% |
| France | N/A | N/A | N/A | 4.6 | 0% |
| Saint Vincent and the Grenadines | N/A | 0.8 | N/A | N/A | 0% |
| Germany | 1.7 | N/A | 0.6 | N/A | -40.6% |
| Sweden | N/A | 1.1 | N/A | N/A | 0% |
| Others | 1.7 | 1.2 | 6.4 | 0.5 | -33.5% |
| Total | 3.4 | 3.1 | 7.0 | 10.9 | 47.5% |
Top Export Markets for Vegetables; Potatoes (Other than Seed), Fresh or Chilled from Norway in 2022:
- France (12.0 tons)
- Belgium (3.3 tons)
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