Norway - Coffee (Green) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGreen Coffee Price in Norway - 2023
Contents:
- Green Coffee Price in Norway (CIF) - 2023
- Green Coffee Price in Norway (FOB) - 2023
- Green Coffee Imports in Norway
- Green Coffee Exports in Norway
Green Coffee Price in Norway (CIF) - 2023
In September 2023, the average green coffee import price amounted to $4,767 per ton, falling by -12.5% against the previous month. Overall, the import price saw a mild decrease. The pace of growth was the most pronounced in June 2023 when the average import price increased by 10% against the previous month. The import price peaked at $6,049 per ton in July 2023; however, from August 2023 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Honduras ($8,816 per ton), while the price for Brazil ($4,271 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Guatemala (+1.0%), while the prices for the other major suppliers experienced a decline.
Green Coffee Price in Norway (FOB) - 2023
In September 2023, the average green coffee export price amounted to $5,678 per ton, growing by 30% against the previous month. Overall, the export price recorded a tangible increase. The pace of growth was the most pronounced in May 2023 when the average export price increased by 408% m-o-m. Over the period under review, the average export prices attained the maximum at $39,640 per ton in June 2023; however, from July 2023 to September 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Sweden ($13,839 per ton), while the average price for exports to Germany stood at $5,090 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+11.1%), while the prices for the other major destinations experienced mixed trend patterns.
Green Coffee Imports in Norway
In 2022, overseas purchases of coffee (green) decreased by -5.3% to 31K tons, falling for the second year in a row after two years of growth. Overall, imports recorded a pronounced downturn. The growth pace was the most rapid in 2020 with an increase of 8.4%. As a result, imports reached the peak of 36K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, green coffee imports surged to $182M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.4% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Green Coffee in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 35.4 | 39.2 | 40.2 | 66.4 | 23.3% |
| Colombia | 30.6 | 44.1 | 47.2 | 66.4 | 29.5% |
| Guatemala | 9.5 | 11.1 | 11.1 | 12.1 | 8.4% |
| Kenya | 9.7 | 10.0 | 10.8 | 11.8 | 6.8% |
| Peru | 3.7 | 3.5 | 3.5 | 6.4 | 20.0% |
| Costa Rica | 3.4 | 4.4 | 4.5 | 6.1 | 21.5% |
| Nicaragua | 1.8 | 1.7 | 1.9 | 3.0 | 18.6% |
| Others | 6.5 | 7.9 | 10.7 | 10.1 | 15.8% |
| Total | 100 | 122 | 130 | 182 | 22.1% |
Top Suppliers of Green Coffee to Norway in 2022:
- Brazil (13.8K tons)
- Colombia (10.0K tons)
- Guatemala (1.8K tons)
- Kenya (1.3K tons)
- Peru (1.1K tons)
- Costa Rica (0.8K tons)
- Nicaragua (0.5K tons)
Green Coffee Exports in Norway
In 2022, exports of coffee (green) from Norway soared to 81 tons, picking up by 32% compared with the year before. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 216%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, green coffee exports soared to $421K in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 107%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Green Coffee in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 6.9 | 53.3 | 97.1 | 220 | 217.1% |
| Germany | 1.2 | 2.4 | 174 | 181 | 432.3% |
| Denmark | 42.4 | N/A | N/A | 0.6 | -75.8% |
| Peru | N/A | 84.8 | N/A | N/A | 0% |
| Finland | 29.5 | N/A | N/A | N/A | 0% |
| Singapore | N/A | 75.4 | N/A | N/A | 0% |
| Others | 32.3 | 16.8 | 5.5 | 18.8 | -16.5% |
| Total | 112 | 233 | 277 | 421 | 55.5% |
Top Export Markets for Green Coffee from Norway in 2022:
- Denmark (undefined tons)
- Sweden (47.6 tons)
- Germany (32.4 tons)
This report provides an in-depth analysis of the green coffee 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 656 - Coffee green
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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Global prices for coffee have skyrocketed to a seven-year high, driven by fears of a significant reduction in production in Brazil due to freezes and the depletion of global stocks. Further growth in prices for the product will be stimulated by the reduction in production in other leading supplying countries such as Honduras and Indonesia, coupled with increased freight costs. A decrease in coffee production will lead to a fall in global exports by -4% y-o-y, which could lead to local imbalances in supply and demand and drive up consumer prices in key European and American markets.
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