Frozen Strawberries Price in Norway - 2023
Contents:
- Frozen Strawberries Price in Norway (CIF) - 2023
- Frozen Strawberries Price in Norway (FOB) - 2022
- Frozen Strawberries Imports in Norway
- Frozen Strawberries Exports in Norway
Frozen Strawberries Price in Norway (CIF) - 2023
The average frozen strawberries import price stood at $2,226 per ton in August 2023, waning by -9.3% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2022 when the average import price increased by 12% m-o-m. The import price peaked at $2,625 per ton in January 2023; however, from February 2023 to August 2023, import prices stood 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 Poland ($2,534 per ton), while the price for Egypt ($1,362 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 Spain (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Strawberries Price in Norway (FOB) - 2022
In 2022, the average frozen strawberries export price amounted to $2,756 per ton, reducing by -16% against the previous year. Over the period under review, the export price continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2018 an increase of 29% against the previous year. Over the period under review, the average export prices reached the peak figure at $4,699 per ton in 2013; however, from 2014 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 ($2,841 per ton), while the average price for exports to Germany ($1,599 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 Poland (-0.7%), while the prices for the other major destinations experienced a decline.
Frozen Strawberries Imports in Norway
In 2022, frozen strawberries imports into Norway reached 6.1K tons, with an increase of 9.8% on 2021. The total import volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 11% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, frozen strawberries imports rose sharply to $13M in 2022. The total import value increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Frozen Strawberries in Norway (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 9.6 | 9.4 | 8.4 | 10.1 | 1.7% |
Spain | 0.1 | 0.3 | 0.5 | 0.7 | 91.3% |
Egypt | 0.3 | 0.6 | 0.6 | 0.5 | 18.6% |
Morocco | 0.6 | 0.8 | 0.7 | 0.4 | -12.6% |
Sweden | 0.1 | 0.2 | 0.4 | 0.4 | 58.7% |
China | 0.4 | 0.5 | 0.3 | 0.2 | -20.6% |
Others | 0.3 | 0.4 | 0.4 | 0.6 | 26.0% |
Total | 11.4 | 12.2 | 11.4 | 12.9 | 4.2% |
Top Suppliers of Frozen Strawberries to Norway in 2022:
- Poland (4684.0 tons)
- Egypt (367.6 tons)
- Spain (361.0 tons)
- Sweden (189.2 tons)
- Morocco (186.8 tons)
- China (68.0 tons)
Frozen Strawberries Exports in Norway
In 2022, frozen strawberries exports from Norway was estimated at 342 tons, picking up by 7.7% on 2021 figures. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 19% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, frozen strawberries exports contracted to $943K in 2022. In general, exports, however, continue to indicate a perceptible descent. The growth pace was the most rapid in 2021 when exports increased by 22%. As a result, the exports attained the peak of $1M, and then shrank in the following year.
Export of Frozen Strawberries in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 989 | 854 | 991 | 882 | -3.7% |
Poland | N/A | N/A | N/A | 44.9 | 0% |
Germany | N/A | N/A | N/A | 14.9 | 0% |
China | 44.1 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | 50.6 | 0.7 | -98.6% |
Total | 1,033 | 854 | 1,041 | 943 | -3.0% |
Top Export Markets for Frozen Strawberries from Norway in 2022:
- Sweden (310.5 tons)
- Poland (22.0 tons)
- Germany (9.3 tons)
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Global frozen fruit trade expanded to $7.1B in 2021.
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