Cereals; Oats, Seeds Price in Norway - 2023

Contents:

  1. Cereals; Oats, Seeds Price in Norway (CIF) - 2022
  2. Cereals; Oats, Seeds Price in Norway (FOB) - 2022
  3. Cereals; Oats, Seeds Imports in Norway
  4. Cereals; Oats, Seeds Exports in Norway

Cereals; Oats, Seeds Price in Norway (CIF) - 2022

In 2022, the average cereals; oats, seeds import price amounted to $489 per ton, shrinking by -3% against the previous year. In general, the import price saw a pronounced contraction. The pace of growth appeared the most rapid in 2019 an increase of 8.4%. The import price peaked at $687 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($683 per ton) and Sweden ($603 per ton), while the price for Finland ($471 per ton) and Denmark ($564 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.5%), while the prices for the other major suppliers experienced a decline.

Cereals; Oats, Seeds Price in Norway (FOB) - 2022

In 2022, the average cereals; oats, seeds export price amounted to $751 per ton, approximately mirroring the previous year. In general, the export price recorded a abrupt descent. The pace of growth appeared the most rapid in 2018 an increase of 26%. The export price peaked at $1,398 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($767 per ton), while the average price for exports to Finland amounted to $274 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iceland (-5.0%), while the prices for the other major destinations experienced a decline.

Cereals; Oats, Seeds Imports in Norway

Cereals; oats, seeds imports into Norway rose markedly to 3K tons in 2022, with an increase of 9.8% against 2021. In general, imports, however, saw a mild contraction.

In value terms, cereals; oats, seeds imports rose significantly to $1.4M in 2022. Overall, imports, however, recorded a deep setback.

Import of Cereals; Oats, Seeds in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland1,1521,0781,1601,1720.6%
Denmark40317739.9138-30.0%
Sweden26491.665.0129-21.2%
EstoniaN/A179N/AN/A0%
Others49.88.991.15.9-50.9%
Total1,8691,5341,3561,445-8.2%

Top Suppliers of Cereals; Oats, Seeds to Norway in 2022:

  1. Finland (2488.6 tons)
  2. Denmark (244.2 tons)
  3. Sweden (213.9 tons)

Cereals; Oats, Seeds Exports in Norway

Cereals; oats, seeds exports from Norway skyrocketed to 21 tons in 2022, with an increase of 73% on 2021 figures. Overall, exports, however, recorded a abrupt downturn.

In value terms, cereals; oats, seeds exports soared to $16K in 2022. In general, exports, however, recorded a abrupt slump.

Export of Cereals; Oats, Seeds in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden0.10.21.115.8440.6%
Finland0.10.1N/A0.226.0%
United KingdomN/AN/A4.4N/A0%
Iceland22.921.2N/AN/A-7.4%
OthersN/A1.23.7N/A208.3%
Total23.122.79.316.0-11.5%

Top Export Markets for Cereals; Oats, Seeds from Norway in 2022:

  1. Sweden (20.6 tons)
  2. Finland (0.7 tons)

Source: IndexBox Market Intelligence Platform

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