Norway - Glucose And Glucose Syrup - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGlucose Price in Norway - 2023
Contents:
- Glucose Price in Norway (CIF) - 2022
- Glucose Price in Norway (FOB) - 2022
- Glucose Imports in Norway
- Glucose Exports in Norway
Glucose Price in Norway (CIF) - 2022
The average glucose import price stood at $1,007 per ton in 2022, reducing by -5.8% against the previous year. Overall, the import price saw a slight reduction. The growth pace was the most rapid in 2021 when the average import price increased by 13%. The import price peaked at $1,160 per ton in 2013; however, from 2014 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 Denmark ($1,309 per ton), while the price for Sweden ($682 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Glucose Price in Norway (FOB) - 2022
In 2022, the average glucose export price amounted to $4,206 per ton, standing approx. at the previous year. Overall, the export price continues to indicate pronounced growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 926%. The export price peaked at $16,053 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Sweden.
From 2012 to 2022, the rate of growth in terms of prices for Faroe Islands amounted to +39.2% per year.
Glucose Imports in Norway
In 2022, the amount of glucose and glucose syrup imported into Norway amounted to 3.1K tons, almost unchanged from the previous year's figure. The total import volume increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year. As a result, imports reached the peak of 3.1K tons; afterwards, it flattened through to 2022.
In value terms, glucose imports shrank slightly to $3.1M in 2022. The total import value increased at an average annual rate of +7.4% over the period 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 18% against the previous year.
| Import of Glucose in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1,417 | 1,632 | 1,459 | 1,705 | 6.4% |
| China | 320 | 254 | 440 | 507 | 16.6% |
| Sweden | 267 | 354 | 82.4 | 266 | -0.1% |
| Denmark | 101 | 164 | 172 | 199 | 25.4% |
| Germany | 144 | 144 | 159 | 183 | 8.3% |
| Slovakia | 79.0 | 80.0 | 70.6 | 86.8 | 3.2% |
| Belgium | 61.4 | 65.4 | 72.5 | 83.5 | 10.8% |
| Italy | 6.2 | 5.5 | 37.7 | 43.4 | 91.3% |
| Lithuania | N/A | 139 | 564 | N/A | 305.8% |
| Others | 131 | 135 | 227 | 54.6 | -25.3% |
| Total | 2,526 | 2,972 | 3,284 | 3,128 | 7.4% |
Top Suppliers of Glucose to Norway in 2022:
- France (1618.6 tons)
- China (563.8 tons)
- Sweden (390.5 tons)
- Germany (190.0 tons)
- Denmark (151.7 tons)
- Slovakia (87.5 tons)
- Belgium (67.2 tons)
- Italy (58.8 tons)
Glucose Exports in Norway
Glucose exports from Norway dropped significantly to 1.5 tons in 2022, which is down by -49.8% on the previous year. Over the period under review, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 25,567% against the previous year. As a result, the exports reached the peak of 3.1 tons, and then fell markedly in the following year.
In value terms, glucose exports contracted markedly to $6.5K in 2022. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 11,622%. As a result, the exports attained the peak of $13K, and then reduced rapidly in the following year.
| Export of Glucose in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 0.3 | 0.1 | 9.9 | 18.7 | 296.5% |
| Germany | 1.9 | N/A | 0.3 | N/A | -60.3% |
| Others | N/A | N/A | 2.7 | -12.2 | -551.9% |
| Total | 2.2 | 0.1 | 12.9 | 6.5 | 43.5% |
Top Export Markets for Glucose from Norway in 2022:
- Sweden (18.7 tons)
This report provides an in-depth analysis of the glucose 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 10621310 - Glucose and glucose syrup (excluding with added flavouring or colouring matter)
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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