Norway: Poultry Market 2024

Poultry Market Size in Norway

The Norwegian poultry market reduced modestly to $X in 2022, declining by X% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Poultry Production in Norway

In value terms, poultry production contracted to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the production volume increased by X%. Poultry production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

In 2022, the average yield of poultry in Norway was estimated at X kg per head, approximately equating the year before. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2017 with an increase of X%. The poultry yield peaked in 2022 and is expected to retain growth in years to come.

In 2022, number of animals slaughtered for poultry production in Norway dropped to X heads, which is down by X% compared with the year before. Overall, the number of producing animals, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the number of producing animals increased by X%. The number of animals slaughtered for poultry production peaked at X heads in 2014; however, from 2015 to 2022, producing animals remained at a lower figure.

Poultry Exports

Exports from Norway

In 2022, overseas shipments of poultry decreased by X% to X tons, falling for the second year in a row after three years of growth. Over the period under review, exports, however, enjoyed a strong increase. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, poultry exports fell to $X in 2022. In general, exports, however, posted a prominent increase. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then fell in the following year.

Exports by Country

Denmark (X tons) was the main destination for poultry exports from Norway, accounting for a X% share of total exports. Moreover, poultry exports to Denmark exceeded the volume sent to the second major destination, Sweden (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Denmark amounted to X%.

In value terms, Denmark ($X) remains the key foreign market for poultry exports from Norway, comprising X% of total exports. The second position in the ranking was taken by Sweden ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Denmark totaled X%.

Export Prices by Country

In 2022, the average poultry export price amounted to $X per ton, picking up by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Sweden amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (X%), while the prices for the other major destinations experienced mixed trend patterns.

Poultry Imports

Imports into Norway

In 2022, supplies from abroad of poultry decreased by X% to X tons for the first time since 2017, thus ending a four-year rising trend. Overall, imports showed a pronounced setback. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, poultry imports fell sharply to $X in 2022. In general, imports saw a pronounced descent. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Denmark (X tons) constituted the largest supplier of poultry to Norway, accounting for a X% share of total imports. Moreover, poultry imports from Denmark exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. The third position in this ranking was taken by Latvia (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Denmark amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Latvia (X% per year).

In value terms, Denmark ($X) constituted the largest supplier of poultry to Norway, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Denmark totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and France (X% per year).

Import Prices by Country

The average poultry import price stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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