Price for Vegetable Products Not Elsewhere Specified or Included in Norway - 2024
Contents:
- Price for Vegetable Products Not Elsewhere Specified or Included in Norway (CIF) - 2022
- Price for Vegetable Products Not Elsewhere Specified or Included in Norway (FOB) - 2022
- Imports of Vegetable Products Not Elsewhere Specified or Included in Norway
- Exports of Vegetable Products Not Elsewhere Specified or Included in Norway
Price for Vegetable Products Not Elsewhere Specified or Included in Norway (CIF) - 2022
The average import price for vegetable products not elsewhere specified or includeds stood at $803 per ton in 2022, declining by -10.6% against the previous year. In general, the import price recorded a abrupt decrease. The growth pace was the most rapid in 2020 when the average import price increased by 38%. Over the period under review, average import prices hit record highs at $2,242 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($1,638 per ton), while the price for Denmark ($430 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+7.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vegetable Products Not Elsewhere Specified or Included in Norway (FOB) - 2022
The average export price for vegetable products not elsewhere specified or includeds stood at $1,153 per ton in 2022, shrinking by -52.6% against the previous year. Over the period under review, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2018 an increase of 138%. Over the period under review, the average export prices attained the maximum at $5,120 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($5,340 per ton), while the average price for exports to the UK ($1,151 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+1.0%), while the prices for the other major destinations experienced a decline.
Imports of Vegetable Products Not Elsewhere Specified or Included in Norway
After three years of growth, overseas purchases of vegetable products not elsewhere specified or includeds decreased by -10.8% to 3.4K tons in 2022. The total import volume increased at an average annual rate of +3.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 25%.
In value terms, imports of vegetable products not elsewhere specified or includeds contracted dramatically to $2.7M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +10.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -20.8% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 70%. As a result, imports attained the peak of $3.4M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Vegetable Products Not Elsewhere Specified or Included in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 941 | 866 | 1,035 | 1,001 | 2.1% |
| United States | 642 | 1,469 | 819 | 760 | 5.8% |
| Italy | 86.1 | 202 | 282 | 199 | 32.2% |
| Netherlands | 111 | 235 | 590 | 189 | 19.4% |
| France | 14.1 | 94.7 | 35.7 | 117 | 102.5% |
| Others | 204 | 530 | 576 | 423 | 27.5% |
| Total | 1,997 | 3,397 | 3,338 | 2,690 | 10.4% |
Top Suppliers of Vegetable Products Not Elsewhere Specified or Included to Norway in 2022:
- Denmark (2327.5 tons)
- United States (483.9 tons)
- Italy (177.1 tons)
- Netherlands (135.4 tons)
- France (89.1 tons)
Exports of Vegetable Products Not Elsewhere Specified or Included in Norway
Exports of vegetable products not elsewhere specified or includeds from Norway skyrocketed to 5.4 tons in 2022, increasing by 1,794% against the previous year. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of vegetable products not elsewhere specified or includeds skyrocketed to $8.6K in 2022. Overall, exports showed slight growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Vegetable Products Not Elsewhere Specified or Included in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | N/A | 5.4 | 0% |
| Sweden | 1.2 | 1.9 | 0.3 | 3.0 | 35.7% |
| Denmark | N/A | 4.2 | N/A | 0.2 | -78.2% |
| Germany | 6.3 | N/A | N/A | N/A | 0% |
| Iceland | N/A | N/A | 0.3 | N/A | 0% |
| Brazil | N/A | 0.2 | N/A | N/A | 0% |
| Others | 0.8 | N/A | 0.7 | N/A | -6.5% |
| Total | 8.3 | 6.3 | 1.3 | 8.6 | 1.2% |
Top Export Markets for Vegetable Products Not Elsewhere Specified or Included from Norway in 2022:
- United Kingdom (4.7 tons)
- Sweden (0.6 tons)
- Denmark (0.2 tons)
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