Norway - Frozen Freshwater Fish - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Freshwater Fish Price in Norway - 2023
Contents:
- Frozen Freshwater Fish Price in Norway (FOB) - 2023
- Frozen Freshwater Fish Price in Norway (CIF) - 2022
- Frozen Freshwater Fish Exports in Norway
- Frozen Freshwater Fish Imports in Norway
Frozen Freshwater Fish Price in Norway (FOB) - 2023
The average frozen freshwater fish export price stood at $2,231 per ton in August 2023, leveling off at the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in June 2023 an increase of 24% against the previous month. As a result, the export price attained the peak level of $2,309 per ton. From July 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was Spain ($2,739 per ton), while the average price for exports to Egypt ($1,213 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Freshwater Fish Price in Norway (CIF) - 2022
In 2022, the average frozen freshwater fish import price amounted to $4,276 per ton, growing by 8.4% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen freshwater fish import price decreased by -9.2% against 2020 indices. The growth pace was the most rapid in 2017 when the average import price increased by 42%. Over the period under review, average import prices reached the maximum at $4,711 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($29,047 per ton), while the price for Estonia ($1,282 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iceland (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Freshwater Fish Exports in Norway
Frozen freshwater fish exports from Norway expanded slightly to 45K tons in 2022, with an increase of 2% against the previous year. The total export volume increased at an average annual rate of +7.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 34%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, frozen freshwater fish exports surged to $89M in 2022. Over the period under review, exports continue to indicate a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Frozen Freshwater Fish in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 20.2 | 19.2 | 21.7 | 31.4 | 15.8% |
| Egypt | 6.0 | 5.2 | 7.9 | 11.4 | 23.9% |
| Japan | 4.0 | 5.0 | 6.5 | 9.4 | 33.0% |
| Lithuania | 5.0 | 4.0 | 5.1 | 7.4 | 14.0% |
| Portugal | 1.0 | 1.9 | 4.1 | 5.9 | 80.7% |
| Poland | 4.0 | 2.6 | 2.8 | 4.5 | 4.0% |
| South Korea | 0.2 | 0.7 | 2.6 | 3.7 | 164.5% |
| Vietnam | 2.0 | 1.2 | 0.9 | 2.0 | 0.0% |
| Ukraine | 0.7 | 0.4 | 1.0 | 1.4 | 26.0% |
| Netherlands | 0.8 | 1.2 | 0.7 | 1.3 | 17.6% |
| Malaysia | 1.2 | 1.0 | 0.4 | 1.3 | 2.7% |
| Others | 6.5 | 4.0 | 6.8 | 9.1 | 11.9% |
| Total | 51.6 | 46.5 | 60.5 | 88.9 | 19.9% |
Top Export Markets for Frozen Freshwater Fish from Norway in 2022:
- China (15.3K tons)
- Egypt (8.2K tons)
- Lithuania (4.9K tons)
- Japan (3.8K tons)
- Poland (2.5K tons)
- Portugal (2.4K tons)
- South Korea (1.6K tons)
- Ukraine (0.9K tons)
- Netherlands (0.8K tons)
- Malaysia (0.8K tons)
- Vietnam (0.7K tons)
Frozen Freshwater Fish Imports in Norway
In 2022, the amount of frozen freshwater fish imported into Norway shrank to 438 tons, with a decrease of -11.2% on the year before. In general, imports, however, saw buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 110% against the previous year. As a result, imports reached the peak of 493 tons, and then fell in the following year.
In value terms, frozen freshwater fish imports contracted slightly to $1.9M in 2022. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 76% against the previous year. As a result, imports reached the peak of $1.9M, and then dropped slightly in the following year.
| Import of Frozen Freshwater Fish in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 266 | 272 | 379 | 489 | 22.5% |
| France | 18.4 | 256 | 339 | 438 | 187.7% |
| China | 120 | 104 | 260 | 336 | 40.9% |
| Philippines | 98.9 | 33.4 | 100 | 130 | 9.5% |
| Turkey | 72.9 | 116 | 97.5 | 126 | 20.0% |
| Netherlands | 4.4 | 3.8 | 50.7 | 65.5 | 146.0% |
| United Kingdom | 1.0 | 27.4 | 27.0 | 34.8 | 226.5% |
| Bangladesh | 6.2 | 9.3 | 24.5 | 31.6 | 72.1% |
| Indonesia | 14.1 | 8.9 | 18.1 | 23.4 | 18.4% |
| Denmark | 43.2 | 1.6 | 8.2 | 22.0 | -20.1% |
| Estonia | 13.7 | 2.4 | 9.2 | 11.9 | -4.6% |
| Greenland | 106 | N/A | N/A | N/A | 0% |
| Faroe Islands | N/A | 39.6 | 371 | N/A | 836.9% |
| Others | 170 | 232 | 261 | 166 | -0.8% |
| Total | 934 | 1,105 | 1,947 | 1,874 | 26.1% |
Top Suppliers of Frozen Freshwater Fish to Norway in 2022:
- China (171.8 tons)
- Vietnam (124.0 tons)
- Turkey (28.3 tons)
- Philippines (25.2 tons)
- France (15.1 tons)
- Netherlands (14.2 tons)
- Estonia (9.3 tons)
- United Kingdom (8.2 tons)
- Bangladesh (7.2 tons)
- Indonesia (7.2 tons)
- Denmark (3.5 tons)
This report provides an in-depth analysis of the frozen freshwater fish 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 10201360 - Frozen whole fresh water fish
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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