Price for Flour, Meal, and Flakes of Potatoes in Norway - 2024

Contents:

1. Price for Flour, Meal, and Flakes of Potatoes in Norway (CIF) - 2024
2. Price for Flour, Meal, and Flakes of Potatoes in Norway (FOB) - 2022
3. Imports of Flour, Meal, and Flakes of Potatoes in Norway
4. Exports of Flour, Meal, and Flakes of Potatoes in Norway

Price for Flour, Meal, and Flakes of Potatoes in Norway (CIF) - 2024

In September 2023, the average import price for flour, meal, and flakes of potatoeses amounted to $1,951 per ton, which is down by -7.8% against the previous month. Over the period under review, the import price, however, showed a strong increase. The pace of growth was the most pronounced in April 2023 an increase of 89% month-to-month. Over the period under review, average import prices attained the peak figure at $3,724 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 Germany ($2,627 per ton), while the price for the Netherlands totaled $1,562 per ton.

From January 2023 to September 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.2%).

Price for Flour, Meal, and Flakes of Potatoes in Norway (FOB) - 2022

In 2022, the average export price for flour, meal, and flakes of potatoeses amounted to $5,171 per ton, falling by -20.1% against the previous year. Overall, the export price recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2019 an increase of 88% against the previous year. The export price peaked at $11,370 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($47,667 per ton), while the average price for exports to Denmark ($5,079 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 the United States (+29.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flour, Meal, and Flakes of Potatoes in Norway

In 2022, overseas purchases of flour, meal, and flakes of potatoeses decreased by -44% to 819 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 160%. As a result, imports attained the peak of 2.6K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of flour, meal, and flakes of potatoeses fell rapidly to $1M in 2022. In general, imports saw a pronounced decrease. The pace of growth was the most pronounced in 2020 when imports increased by 87%. As a result, imports reached the peak of $2.1M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Flour, Meal, and Flakes of Potatoes to Norway in 2022:

1. Netherlands (570.8 tons)
2. Germany (190.4 tons)
3. Belgium (50.1 tons)
4. Denmark (0.6 tons)

Exports of Flour, Meal, and Flakes of Potatoes in Norway

Exports of flour, meal, and flakes of potatoeses from Norway skyrocketed to 14 tons in 2022, jumping by 115% compared with the previous year. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 21,394% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of flour, meal, and flakes of potatoeses soared to $71K in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 15,460% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in years to come.

Top Export Markets for Flour, Meal, and Flakes of Potatoes from Norway in 2022:

1. Denmark (13.2 tons)
2. Poland (0.3 tons)
3. United Kingdom (0.2 tons)

Source: IndexBox Market Intelligence Platform