Norway - Coconut - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCoconut Price in Norway - 2023
Contents:
- Coconut Price in Norway (CIF) - 2022
- Coconut Price in Norway (FOB) - 2022
- Coconut Imports in Norway
- Coconut Exports in Norway
Coconut Price in Norway (CIF) - 2022
In 2022, the average coconut import price amounted to $2,769 per ton, shrinking by -12.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The pace of growth was the most pronounced in 2019 when the average import price increased by 24% against the previous year. Over the period under review, average import prices attained the peak figure at $3,299 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ghana ($11,070 per ton), while the price for Brazil ($1,445 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Coconut Price in Norway (FOB) - 2022
The average coconut export price stood at $4,276 per ton in 2022, with an increase of 3.7% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, coconut export price increased by +76.2% against 2012 indices. The pace of growth appeared the most rapid in 2021 an increase of 42%. The export price peaked in 2022 and is likely to see steady growth in years to come.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($4,532 per ton), while the average price for exports to Denmark stood at $3,500 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+2.0%), while the prices for the other major destinations experienced mixed trend patterns.
Coconut Imports in Norway
For the third year in a row, Norway recorded decline in supplies from abroad of coconuts, which decreased by -16% to 175 tons in 2022. Over the period under review, imports recorded a abrupt contraction. The smallest decline of -1.8% was in 2021.
In value terms, coconut imports plummeted to $483K in 2022. Overall, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 3.7% against the previous year. As a result, imports reached the peak of $698K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Coconut in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 48.0 | 45.9 | 46.5 | 159 | 49.1% |
| Thailand | 116 | 71.3 | 56.2 | 118 | 0.6% |
| Ghana | 104 | 117 | 70.7 | 78.2 | -9.1% |
| Sri Lanka | 30.8 | 20.3 | 22.4 | 61.8 | 26.1% |
| Brazil | 0.1 | 0.2 | 0.1 | 15.6 | 438.3% |
| India | 13.1 | 10.4 | 5.1 | 13.0 | -0.3% |
| Netherlands | 76.4 | 55.5 | 73.7 | N/A | -1.8% |
| Others | 284 | 377 | 384 | 38.2 | -48.8% |
| Total | 673 | 698 | 659 | 483 | -10.5% |
Top Suppliers of Coconut to Norway in 2022:
- Cote d'Ivoire (100.3 tons)
- Thailand (35.8 tons)
- Brazil (10.8 tons)
- Sri Lanka (9.0 tons)
- Ghana (7.1 tons)
- India (3.0 tons)
Coconut Exports in Norway
In 2022, overseas shipments of coconuts decreased by -84.5% to 105 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a dramatic setback. The most prominent rate of growth was recorded in 2020 with an increase of 24%. As a result, the exports reached the peak of 683 kg. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, coconut exports shrank markedly to $449 in 2022. Overall, exports showed a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. As a result, the exports attained the peak of $2.8K, and then dropped markedly in the following year.
| Export of Coconut in Norway (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | N/A | 349 | 0% |
| Denmark | 1,522 | 996 | 72.0 | 49.0 | -68.2% |
| Belgium | N/A | 487 | N/A | N/A | 0% |
| Finland | N/A | N/A | 1,945 | N/A | 0% |
| Iceland | N/A | N/A | 728 | N/A | 0% |
| Others | 148 | 498 | 46.0 | 51.0 | -29.9% |
| Total | 1,670 | 1,981 | 2,791 | 449 | -35.5% |
Top Export Markets for Coconut from Norway in 2022:
- Turkey (77.0 kg)
- Denmark (14.0 kg)
This report provides an in-depth analysis of the coconut 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 249 - Coconuts
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.
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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
- COUNTRIES WITH TOP YIELDS
- 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, 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
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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
- 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
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