Norway - Coffee Extracts, Essences And Concentrates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCoffee Extract Price in Norway - 2023
Contents:
- Coffee Extract Price in Norway (CIF) - 2023
- Coffee Extract Price in Norway (FOB) - 2022
- Coffee Extract Imports in Norway
- Coffee Extract Exports in Norway
Coffee Extract Price in Norway (CIF) - 2023
The average coffee extract import price stood at $13,091 per ton in August 2023, declining by -5.7% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 20% against the previous month. As a result, import price reached the peak level of $14,709 per ton. From February 2023 to August 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Switzerland ($19,754 per ton), while the price for Hungary ($6,421 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Hungary (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Coffee Extract Price in Norway (FOB) - 2022
The average coffee extract export price stood at $23,343 per ton in 2022, waning by -3.3% against the previous year. Over the period under review, the export price, however, posted measured growth. The pace of growth appeared the most rapid in 2019 an increase of 40% against the previous year. The export price peaked at $31,765 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Iceland ($34,289 per ton), while the average price for exports to Finland ($12,285 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 Iceland (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Coffee Extract Imports in Norway
In 2022, supplies from abroad of coffee extracts, essences and concentrates decreased by -3.1% to 2.3K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 17% against the previous year. As a result, imports attained the peak of 2.6K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, coffee extract imports fell modestly to $27M in 2022. The total import value increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 8.5%. As a result, imports reached the peak of $28M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Coffee Extract in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 4.6 | 7.4 | 8.4 | 8.2 | 21.3% |
| Netherlands | 4.4 | 3.7 | 3.7 | 3.2 | -10.1% |
| United Kingdom | 2.9 | 3.3 | 2.5 | 2.8 | -1.2% |
| France | 1.1 | 2.4 | 3.1 | 2.7 | 34.9% |
| Spain | 2.3 | 2.3 | 1.8 | 2.0 | -4.6% |
| Germany | 2.9 | 2.3 | 1.9 | 1.8 | -14.7% |
| Sweden | 2.6 | 2.2 | 2.5 | 1.6 | -14.9% |
| Poland | 0.5 | 0.2 | 0.9 | 1.1 | 30.1% |
| Others | 4.8 | 4.4 | 3.3 | 3.5 | -10.0% |
| Total | 26.0 | 28.2 | 28.1 | 27.1 | 1.4% |
Top Suppliers of Coffee Extract to Norway in 2022:
- Switzerland (497.0 tons)
- Netherlands (414.7 tons)
- United Kingdom (246.8 tons)
- France (212.0 tons)
- Spain (203.0 tons)
- Germany (172.6 tons)
- Sweden (132.5 tons)
- Poland (114.9 tons)
Coffee Extract Exports in Norway
In 2022, the amount of coffee extracts, essences and concentrates exported from Norway surged to 91 tons, jumping by 26% compared with 2021 figures. Over the period under review, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 1,012% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, coffee extract exports soared to $2.1M in 2022. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 1,452%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Coffee Extract in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 15.7 | 270 | 1,526 | 1,358 | 342.2% |
| Denmark | N/A | 8.1 | 177 | 686 | 820.3% |
| United States | N/A | N/A | N/A | 34.0 | 0% |
| Finland | N/A | 1.3 | 5.1 | 25.9 | 346.4% |
| Others | 2.6 | 3.6 | 21.9 | 11.5 | 64.2% |
| Total | 18.3 | 283 | 1,730 | 2,116 | 387.2% |
Top Export Markets for Coffee Extract from Norway in 2022:
- Sweden (58.0 tons)
- Denmark (28.7 tons)
- Finland (2.1 tons)
- United States (1.0 tons)
This report provides an in-depth analysis of the coffee extract 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 10831210 - Coffee substitutes containing coffee
- Prodcom 10831240 - Extracts, essences and concentrates, of coffee, and preparations with a basis of these extracts, essences or concentrates or with a basis of coffee
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
- 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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