Insects; Live, Bees Price in Norway - 2023

Contents:

  1. Insects; Live, Bees Price in Norway (CIF) - 2022
  2. Insects; Live, Bees Price in Norway (FOB) - 2022
  3. Insects; Live, Bees Imports in Norway
  4. Insects; Live, Bees Exports in Norway

Insects; Live, Bees Price in Norway (CIF) - 2022

The average insects; live, bees import price stood at $2.3 per unit in 2022, increasing by 63% against the previous year. Over the period under review, the import price enjoyed a prominent increase. The growth pace was the most rapid in 2014 when the average import price increased by 67% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($5 per unit), while the price for the Netherlands stood at $0.9 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+45.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Insects; Live, Bees Price in Norway (FOB) - 2022

The average insects; live, bees export price stood at $0.3 per unit in 2022, shrinking by -5.8% against the previous year. In general, the export price saw a mild decrease. The most prominent rate of growth was recorded in 2021 when the average export price increased by 50% against the previous year. The export price peaked at $0.3 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -1.0% per year.

Insects; Live, Bees Imports in Norway

In 2022, supplies from abroad of insects; live, beeses decreased by -68.8% to 6.8K units, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 451% against the previous year. As a result, imports attained the peak of 23K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, insects; live, bees imports dropped rapidly to $16K in 2022. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 586% against the previous year. As a result, imports reached the peak of $46K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Insects; Live, Bees in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.012.23.711.657.0%
Netherlands2.714.910.64.014.0%
FranceN/AN/A9.0N/A0%
Denmark1.07.13.0N/A73.2%
OthersN/A11.54.4N/A-61.7%
Total6.745.630.615.632.5%

Top Suppliers of Insects; Live, Bees to Norway in 2022:

  1. Netherlands (4.5K units)
  2. Germany (2.3K units)

Insects; Live, Bees Exports in Norway

In 2022, shipments abroad of insects; live, beeses decreased by -39.4% to 8.8K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 369%. As a result, the exports reached the peak of 15K units, and then dropped notably in the following year.

In value terms, insects; live, bees exports contracted rapidly to $2.7K in 2022. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 605%. As a result, the exports attained the peak of $4.7K, and then dropped significantly in the following year.

Export of Insects; Live, Bees in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.40.32.32.789.0%
OthersN/A0.32.3N/A666.7%
Total0.50.74.72.775.4%

Top Export Markets for Insects; Live, Bees from Norway in 2022:

  1. Germany (8.8K units)

Source: IndexBox Market Intelligence Platform

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