Norway - Semi-Milled Or Wholly Milled (Bleached) Rice - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMilled Rice Price in Norway - 2023
Contents:
- Milled Rice Price in Norway (CIF) - 2023
- Milled Rice Price in Norway (FOB) - 2022
- Milled Rice Imports in Norway
- Milled Rice Exports in Norway
Milled Rice Price in Norway (CIF) - 2023
The average milled rice import price stood at $1,532 per ton in August 2023, with a decrease of -8.4% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 16% against the previous month. The import price peaked at $1,678 per ton in March 2023; however, from April 2023 to August 2023, import prices remained at a 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 Spain ($3,092 per ton), while the price for Vietnam ($997 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 (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Milled Rice Price in Norway (FOB) - 2022
In 2022, the average milled rice export price amounted to $1,434 per ton, almost unchanged from the previous year. In general, the export price showed a slight decrease. The most prominent rate of growth was recorded in 2021 an increase of 34%. The export price peaked at $1,953 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 Finland ($2,000 per ton), while the average price for exports to Vietnam ($776 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 Vietnam (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.
Milled Rice Imports in Norway
In 2022, approx. 27K tons of semi-milled or wholly milled (bleached) rice were imported into Norway; with an increase of 18% on the previous year. The total import volume increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 20% against the previous year. As a result, imports attained the peak of 30K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, milled rice imports soared to $42M in 2022. The total import value increased at an average annual rate of +7.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Milled Rice in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 13.0 | 15.4 | 12.5 | 14.0 | 2.5% |
| Italy | 3.9 | 4.4 | 4.8 | 5.1 | 9.4% |
| Vietnam | 2.1 | 3.7 | 2.3 | 4.8 | 31.7% |
| Pakistan | 3.4 | 4.8 | 3.3 | 4.5 | 9.8% |
| India | 3.9 | 3.8 | 3.6 | 3.8 | -0.9% |
| Spain | 1.0 | 1.5 | 1.3 | 2.7 | 39.2% |
| United States | 1.7 | 1.4 | 1.6 | 1.8 | 1.9% |
| Others | 4.4 | 3.9 | 3.6 | 5.3 | 6.4% |
| Total | 33.4 | 38.8 | 33.0 | 42.0 | 7.9% |
Top Suppliers of Milled Rice to Norway in 2022:
- Thailand (9.4K tons)
- Vietnam (4.0K tons)
- Italy (3.3K tons)
- Pakistan (2.9K tons)
- India (2.1K tons)
- Spain (1.7K tons)
- United States (1.1K tons)
Milled Rice Exports in Norway
In 2022, exports of semi-milled or wholly milled (bleached) rice from Norway shrank notably to 254 tons, waning by -18.9% against the previous year. In general, exports showed a abrupt decline. The pace of growth appeared the most rapid in 2021 when exports increased by 14% against the previous year. As a result, the exports reached the peak of 313 tons, and then contracted sharply in the following year.
In value terms, milled rice exports reduced sharply to $364K in 2022. Over the period under review, total exports indicated a pronounced expansion from 2019 to 2022: its value increased at an average annual rate of +3.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +23.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 53%. As a result, the exports attained the peak of $452K, and then contracted sharply in the following year.
| Export of Milled Rice in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 50.4 | 119 | 399 | 291 | 79.4% |
| Finland | 66.0 | 52.7 | 31.2 | 40.0 | -15.4% |
| Vietnam | 23.7 | N/A | N/A | 17.1 | -10.3% |
| Netherlands | 98.0 | 0.1 | 0.3 | 4.5 | -64.2% |
| Iraq | N/A | 28.4 | N/A | N/A | 0% |
| India | 60.8 | N/A | N/A | N/A | 0% |
| Pakistan | N/A | 13.5 | N/A | N/A | 0% |
| Others | 32.8 | 82.1 | 21.5 | 11.5 | -29.5% |
| Total | 332 | 295 | 452 | 364 | 3.1% |
Top Export Markets for Milled Rice from Norway in 2022:
- Sweden (202.3 tons)
- Vietnam (22.0 tons)
- Finland (20.0 tons)
- Netherlands (1.9 tons)
This report provides an in-depth analysis of the milled rice 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 2025.
Product coverage:
- Prodcom 10611230 - Semi-milled or wholly milled (bleached) rice (including camolino rice)
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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This report provides an in-depth analysis of the milled rice market in Norway.
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Explore the top import markets for milled rice and learn about the key statistics and trends in these countries. Discover the role these import markets play in the global rice trade.
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This year, rice prices are forecast to ease, thanks primarily to rising production and exports from India, Thailand, Vietnam, China, and Pakistan. India dominates global trade, more than doubling its supplies at a competitive cost over the past two years.
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Over 2020-2021 period, the global rice market displayed robust production indicators. Despite a pronounced shortage of shipping containers threatening to disrupt supplies to Africa, the global rice export market continues to expand. India maintains its status as the largest exporter, boasting the most competitive rice export prices.
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Global rice consumption amounted to X tons in 2016 (in terms of milled rice weight), posting modest but robust gains from 2007-2016. The total consumption volume increased at an average annual rate of +X%. Over the period under review, the globa
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Global rice consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
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Global rice exports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
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Global rice imports amounted to X thousand tons in 2015, declining by -X% against the previous year level.
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In 2015, the countries with the highest levels of rice production were China (X thousand tons), India (X thousand tons), Indonesia (X thousand tons), together accounting for X% of total output.
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India, despite a slight drop in exports in 2014, continued its dominance in the global rice trade. In 2014, India exported X thousand tons of rice totaling X million USD, X% under the previous year. Its primary trading partner was Saudi Arab
