Norway - Figs - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFig Price in Norway - 2023
Contents:
- Fig Price in Norway (CIF) - 2023
- Fig Price in Norway (FOB) - 2022
- Fig Imports in Norway
- Fig Exports in Norway
Fig Price in Norway (CIF) - 2023
In August 2023, the average fig import price amounted to $5,234 per ton, which is down by -28.4% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 when the average import price increased by 98% month-to-month. Over the period under review, average import prices attained the maximum at $9,879 per ton in June 2023; however, from July 2023 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Brazil ($13,598 per ton), while the price for Italy ($3,905 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 Brazil (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Fig Price in Norway (FOB) - 2022
In 2022, the average fig export price amounted to $2,418 per ton, approximately reflecting the previous year. Over the period under review, the export price showed a abrupt decrease. The pace of growth appeared the most rapid in 2016 when the average export price increased by 9.9% against the previous year. As a result, the export price attained the peak level of $4,851 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($2,469 per ton), while the average price for exports to Sweden totaled $876 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (-4.8%).
Fig Imports in Norway
In 2022, the amount of figs imported into Norway rose rapidly to 376 tons, growing by 8.9% on the previous year. The total import volume increased at an average annual rate of +4.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 9.2%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, fig imports amounted to $2.3M in 2022. The total import value increased at an average annual rate of +5.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Fig in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 881 | 1,021 | 951 | 824 | -2.2% |
| Brazil | 98.9 | 96.4 | 104 | 142 | 12.8% |
| Italy | 35.6 | 16.9 | 24.7 | 135 | 55.9% |
| Denmark | 112 | 78.1 | 32.5 | 57.8 | -19.8% |
| Spain | 21.2 | 31.0 | 34.4 | 44.3 | 27.8% |
| Iran | 43.7 | 33.8 | 14.8 | 1.5 | -67.5% |
| Others | 757 | 882 | 893 | 1,053 | 11.6% |
| Total | 1,949 | 2,159 | 2,054 | 2,258 | 5.0% |
Top Suppliers of Fig to Norway in 2022:
- Turkey (153.0 tons)
- Italy (22.2 tons)
- Brazil (15.1 tons)
- Denmark (10.8 tons)
- Spain (10.7 tons)
- Iran (0.9 tons)
Fig Exports in Norway
In 2022, the amount of figs exported from Norway declined dramatically to 19 tons, which is down by -47.6% against the previous year. Over the period under review, exports recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 1,948%.
In value terms, fig exports declined markedly to $45K in 2022. Overall, exports recorded a precipitous slump. The pace of growth was the most pronounced in 2021 when exports increased by 2,095% against the previous year.
| Export of Fig in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 164 | 3.8 | 80.3 | 44.3 | -35.4% |
| Sweden | 2.1 | N/A | 0.7 | 0.3 | -47.7% |
| Others | 1.2 | N/A | 4.8 | 0.2 | -45.0% |
| Total | 168 | 3.9 | 85.8 | 44.9 | -35.6% |
Top Export Markets for Fig from Norway in 2022:
- Turkey (17.9 tons)
- Sweden (0.4 tons)
This report provides an in-depth analysis of the fig 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 569 - Figs
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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