Norway - Breakfast Cereals - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBreakfast Cereal Price in Norway - 2023
Contents:
- Breakfast Cereal Price in Norway (CIF) - 2023
- Breakfast Cereal Price in Norway (FOB) - 2023
- Breakfast Cereal Imports in Norway
- Breakfast Cereal Exports in Norway
Breakfast Cereal Price in Norway (CIF) - 2023
The average breakfast cereal import price stood at $3,966 per ton in September 2023, waning by -4.7% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 an increase of 9.3% m-o-m. As a result, import price attained the peak level of $4,622 per ton. From May 2023 to September 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Spain ($6,254 per ton), while the price for Turkey ($1,131 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 the Netherlands (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Breakfast Cereal Price in Norway (FOB) - 2023
In September 2023, the average breakfast cereal export price amounted to $6,927 per ton, with a decrease of -35% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 126% month-to-month. Over the period under review, the average export prices attained the peak figure at $17,074 per ton in February 2023; however, from March 2023 to September 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was the Netherlands ($35,720 per ton), while the average price for exports to Denmark ($1,950 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+1.3%), while the prices for the other major destinations experienced mixed trend patterns.
Breakfast Cereal Imports in Norway
In 2022, overseas purchases of breakfast cereals decreased by -9.3% to 18K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a mild decline. The most prominent rate of growth was recorded in 2020 when imports increased by 7%. As a result, imports reached the peak of 20K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, breakfast cereal imports shrank to $67M in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 7.7%. As a result, imports attained the peak of $76M, and then fell in the following year.
| Import of Breakfast Cereal in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 18.2 | 19.3 | 20.8 | 17.2 | -1.9% |
| Denmark | 8.3 | 8.3 | 11.3 | 10.8 | 9.2% |
| Sweden | 11.1 | 10.9 | 11.0 | 8.4 | -8.9% |
| United Kingdom | 8.8 | 7.2 | 7.5 | 7.8 | -3.9% |
| Spain | 3.0 | 3.3 | 3.2 | 3.4 | 4.3% |
| Netherlands | 4.7 | 5.9 | 3.9 | 2.8 | -15.9% |
| Belgium | 3.3 | 3.1 | 3.2 | 2.8 | -5.3% |
| Poland | 2.3 | 2.9 | 3.5 | 2.4 | 1.4% |
| France | 0.8 | 1.7 | 2.7 | 2.4 | 44.2% |
| Czech Republic | 1.4 | 1.4 | 2.1 | 1.9 | 10.7% |
| Italy | 1.4 | 2.1 | 1.8 | 1.8 | 8.7% |
| Turkey | 0.4 | 0.5 | 0.5 | 0.5 | 7.7% |
| Others | 3.8 | 4.1 | 4.7 | 5.0 | 9.6% |
| Total | 67.5 | 70.9 | 76.3 | 67.0 | -0.2% |
Top Suppliers of Breakfast Cereal to Norway in 2022:
- Germany (5.0K tons)
- Denmark (2.8K tons)
- Sweden (2.7K tons)
- United Kingdom (1.8K tons)
- Netherlands (0.8K tons)
- France (0.8K tons)
- Turkey (0.6K tons)
- Italy (0.6K tons)
- Poland (0.6K tons)
- Belgium (0.6K tons)
- Spain (0.6K tons)
- Czech Republic (0.4K tons)
Breakfast Cereal Exports in Norway
In 2022, approx. 405 tons of breakfast cereals were exported from Norway; jumping by 78% against the previous year. Over the period under review, exports saw a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, breakfast cereal exports skyrocketed to $4.2M in 2022. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Breakfast Cereal in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 1,392 | 1,353 | 1,881 | 3,608 | 37.4% |
| Denmark | 102 | 125 | 133 | 107 | 1.6% |
| Iceland | 104 | 111 | 110 | 104 | 0.0% |
| Finland | 13.3 | N/A | 59.1 | 80.4 | 82.2% |
| Others | 307 | 741 | 284 | 308 | 0.1% |
| Total | 1,918 | 2,331 | 2,468 | 4,208 | 29.9% |
Top Export Markets for Breakfast Cereal from Norway in 2022:
- Sweden (340.8 tons)
- Denmark (23.4 tons)
- Finland (15.9 tons)
- Iceland (13.1 tons)
This report provides an in-depth analysis of the breakfast cereal 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:
- Prodcom 10613351 - Muesli type preparations based on unroasted cereal flakes
- Prodcom 10613355 - Cereals in grain form, precooked or otherwise prepared (excluding maize)
- Prodcom 10613353 - Other prepared foods obtained by the swelling or roasting of cereals
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
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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
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