Norway - Rice - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingRice Price in Norway - 2023
Contents:
- Rice Price in Norway (CIF) - 2023
- Rice Price in Norway (FOB) - 2022
- Rice Imports in Norway
- Rice Exports in Norway
Rice Price in Norway (CIF) - 2023
In September 2023, the average rice import price amounted to $1,126 per ton, dropping by -26.3% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 an increase of 45% m-o-m. The import price peaked at $1,674 per ton in July 2023; however, from August 2023 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($5,414 per ton), while the price for Kazakhstan ($576 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Spain (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Rice Price in Norway (FOB) - 2022
The average rice export price stood at $2,418 per ton in 2022, shrinking by -7.4% against the previous year. In general, the export price, however, showed a moderate increase. The pace of growth was the most pronounced in 2021 an increase of 146% against the previous year. As a result, the export price attained the peak level of $2,610 per ton, and then fell in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($2,927 per ton), while the average price for exports to Vietnam ($776 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.
Rice Imports in Norway
In 2022, the amount of rice imported into Norway surged to 30K tons, rising by 18% against the year before. The total import volume increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 21%. As a result, imports attained the peak of 32K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, rice imports soared to $44M in 2022. The total import value increased at an average annual rate of +8.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Rice in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 13.3 | 15.8 | 12.8 | 14.2 | 2.2% |
| Italy | 4.0 | 4.5 | 4.9 | 5.2 | 9.1% |
| Vietnam | 2.1 | 3.7 | 2.3 | 4.9 | 32.6% |
| Pakistan | 3.5 | 5.1 | 3.5 | 4.7 | 10.3% |
| India | 4.0 | 4.0 | 3.7 | 3.8 | -1.7% |
| Spain | 1.0 | 1.5 | 1.3 | 2.7 | 39.2% |
| United States | 1.7 | 1.4 | 1.6 | 1.8 | 1.9% |
| Poland | 1.1 | 0.5 | 0.2 | 1.5 | 10.9% |
| Myanmar | 0.4 | 0.1 | N/A | 0.7 | 20.5% |
| Brazil | N/A | N/A | 0.1 | 0.4 | 300.0% |
| Others | 3.7 | 4.4 | 5.0 | 4.1 | 3.5% |
| Total | 34.7 | 40.9 | 35.4 | 44.1 | 8.3% |
Top Suppliers of Rice to Norway in 2022:
- Thailand (9.6K tons)
- Vietnam (4.0K tons)
- Italy (3.4K tons)
- Pakistan (3.0K tons)
- India (2.1K tons)
- Spain (1.8K tons)
- Myanmar (1.2K tons)
- United States (1.1K tons)
- Poland (1.0K tons)
- Brazil (0.9K tons)
Rice Exports in Norway
In 2022, rice exports from Norway declined to 151 tons, which is down by -13% against the previous year. Over the period under review, exports saw a dramatic shrinkage. The smallest decline of -12.9% was in 2020.
In value terms, rice exports declined remarkably to $365K in 2022. The total export value increased at an average annual rate of +1.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 48%. As a result, the exports reached the peak of $454K, and then fell markedly in the following year.
| Export of Rice in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 52.5 | 123 | 399 | 291 | 77.0% |
| Finland | 66.0 | 52.7 | 31.2 | 40.0 | -15.4% |
| Vietnam | 23.7 | N/A | N/A | 17.1 | -10.3% |
| Netherlands | 107 | 0.1 | 0.3 | 4.5 | -65.2% |
| Moldova | N/A | N/A | N/A | 3.7 | 0% |
| Iraq | N/A | 28.4 | N/A | N/A | 0% |
| Thailand | 18.2 | N/A | N/A | N/A | 0% |
| India | 60.8 | N/A | N/A | N/A | 0% |
| Pakistan | N/A | 13.5 | N/A | N/A | 0% |
| Others | 20.1 | 89.5 | 22.8 | 8.9 | -23.8% |
| Total | 348 | 307 | 454 | 365 | 1.6% |
Top Export Markets for Rice from Norway in 2022:
- Sweden (99.5 tons)
- Vietnam (22.0 tons)
- Finland (20.0 tons)
- Moldova (2.5 tons)
- Netherlands (1.9 tons)
This report provides an in-depth analysis of the rice 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:
- FCL 27 - Rice, paddy
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.
-
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
-
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
-
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
-
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
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
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, HARVESTED AREA AND YIELD
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
-
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
-
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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
809
This report provides an in-depth analysis of the rice market in Norway.
345
This report provides an in-depth analysis of the milled rice market in Norway.
575
This report provides an in-depth analysis of the paddy rice market in Norway.
412
This report provides an in-depth analysis of the broken rice market in Norway.
393
This report provides an in-depth analysis of the brown rice market in Norway.
423
This report provides an in-depth analysis of the milled rice market in Norway.
592
This report provides an in-depth analysis of the grain market in Norway.
7854
This report provides an in-depth analysis of the global rice market.
490
This report provides an in-depth analysis of the global milled rice market.
1557
This report provides an in-depth analysis of the global paddy rice market.
277
Explore the top import markets for rice and discover key statistics and insights. Learn about the countries with the highest import value for rice, including China, the Philippines, Iran, and more.
823
This year, rice prices are forecast to ease, thanks primarily to rising production and exports from India, Thailand, Vietnam, China, and Pakistan. India dominates global trade, more than doubling its supplies at a competitive cost over the past two years.
788
Over 2020-2021 period, the global rice market displayed robust production indicators. Despite a pronounced shortage of shipping containers threatening to disrupt supplies to Africa, the global rice export market continues to expand. India maintains its status as the largest exporter, boasting the most competitive rice export prices.
1412
Global rice consumption amounted to X tons in 2016 (in terms of milled rice weight), posting modest but robust gains from 2007-2016. The total consumption volume increased at an average annual rate of +X%. Over the period under review, the globa
10412
Global rice consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
2151
Global rice exports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
1491
Global rice imports amounted to X thousand tons in 2015, declining by -X% against the previous year level.
1538
In 2015, the countries with the highest levels of rice production were China (X thousand tons), India (X thousand tons), Indonesia (X thousand tons), together accounting for X% of total output.
1332
India, despite a slight drop in exports in 2014, continued its dominance in the global rice trade. In 2014, India exported X thousand tons of rice totaling X million USD, X% under the previous year. Its primary trading partner was Saudi Arab
69
Explore the top import markets for milled rice and learn about the key statistics and trends in these countries. Discover the role these import markets play in the global rice trade.
