Norway - Buttermilk And Buttermilk Powder - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Norway - Buttermilk And Buttermilk Powder - Market Analysis, Forecast, Size, Trends and Insights

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Price for Buttermilk and Buttermilk Powder in Norway - 2023

Contents:

  1. Price for Buttermilk and Buttermilk Powder in Norway (CIF) - 2022
  2. Price for Buttermilk and Buttermilk Powder in Norway (FOB) - 2022
  3. Imports of Buttermilk and Buttermilk Powder in Norway
  4. Exports of Buttermilk and Buttermilk Powder in Norway

Price for Buttermilk and Buttermilk Powder in Norway (CIF) - 2022

The average buttermilk and buttermilk powder import price stood at $4,601 per ton in 2022, almost unchanged from the previous year. In general, the import price continues to indicate a tangible expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 174% against the previous year. The import price peaked at $8,295 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($6,434 per ton), while the price for France ($2,317 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Buttermilk and Buttermilk Powder in Norway (FOB) - 2022

In 2022, the average buttermilk and buttermilk powder export price amounted to $5,354 per ton, picking up by 10% against the previous year. Over the period under review, the export price showed prominent growth. The most prominent rate of growth was recorded in 2014 an increase of 107%. The export price peaked at $10,219 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($10,813 per ton), while the average price for exports to Denmark ($3,467 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 Germany (+24.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Buttermilk and Buttermilk Powder in Norway

In 2022, buttermilk and buttermilk powder imports into Norway soared to 268 tons, rising by 131% compared with 2021. Overall, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, buttermilk and buttermilk powder imports surged to $1.2M in 2022. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Buttermilk and Buttermilk Powder in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany21928026966644.9%
Denmark3.80.366.4300329.0%
Poland2.319.625.0107259.7%
France12115416178.2-13.5%
Sweden0.94.55.256.2296.7%
Others18.613.05.724.49.5%
Total3664715321,23249.9%

Top Suppliers of Buttermilk and Buttermilk Powder to Norway in 2022:

  1. Germany (103.5 tons)
  2. Denmark (72.0 tons)
  3. France (33.8 tons)
  4. Poland (29.6 tons)
  5. Sweden (22.5 tons)

Exports of Buttermilk and Buttermilk Powder in Norway

Buttermilk and buttermilk powder exports from Norway surged to 4 tons in 2022, with an increase of 453% on 2021. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 747% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, buttermilk and buttermilk powder exports soared to $21K in 2022. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Buttermilk and Buttermilk Powder in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwedenN/A1.21.020.5313.3%
RussiaN/A0.42.40.950.0%
Germany1.22.1N/AN/A75.0%
United KingdomN/A0.2N/AN/A0%
TurkeyN/A5.2N/AN/A0%
Others0.81.30.10.1-50.0%
Total2.110.33.521.5117.1%

Top Export Markets for Buttermilk and Buttermilk Powder from Norway in 2022:

  1. Sweden (3.9 tons)
  2. Russia (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for buttermilk and buttermilk powder 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 893 - Buttermilk, Curdled Milk, Acidified Milk

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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