Norway - Smoked Pacific, Atlantic And Danube Salmon - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSmoked Salmon Price in Norway - 2023
Contents:
- Smoked Salmon Price in Norway (FOB) - 2023
- Smoked Salmon Price in Norway (CIF) - 2023
- Smoked Salmon Exports in Norway
- Smoked Salmon Imports in Norway
Smoked Salmon Price in Norway (FOB) - 2023
In September 2023, the average smoked salmon export price amounted to $19,774 per ton, picking up by 2.5% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 an increase of 21% month-to-month. Over the period under review, the average export prices reached the maximum at $20,511 per ton in December 2022; however, from January 2023 to September 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Sweden ($38,989 per ton), while the average price for exports to the Netherlands ($6,612 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.
Smoked Salmon Price in Norway (CIF) - 2023
In September 2023, the average smoked salmon import price amounted to $17,346 per ton, falling by -9.9% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 an increase of 16% m-o-m. As a result, import price reached the peak level of $21,095 per ton. From May 2023 to September 2023, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was Denmark ($17,630 per ton), while the price for Sweden stood at $15,351 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Sweden (+0.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Smoked Salmon Exports in Norway
In 2022, smoked salmon exports from Norway surged to 2K tons, increasing by 20% compared with the year before. Overall, exports, however, showed a deep setback.
In value terms, smoked salmon exports soared to $37M in 2022. Over the period under review, exports, however, saw a perceptible contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 32% against the previous year.
| Export of Smoked Salmon in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.7 | 3.1 | 5.1 | 6.8 | -7.9% |
| Australia | 10.8 | 4.3 | 3.3 | 4.9 | -23.2% |
| Italy | 4.4 | 3.9 | 5.2 | 4.8 | 2.9% |
| Saudi Arabia | 3.5 | 1.9 | 2.6 | 4.0 | 4.6% |
| Switzerland | 1.3 | 1.1 | 1.1 | 1.5 | 4.9% |
| Austria | 1.2 | 0.8 | 0.9 | 1.4 | 5.3% |
| Sweden | 0.7 | 1.7 | 2.3 | 1.2 | 19.7% |
| Singapore | 1.1 | 0.1 | 0.7 | 1.1 | 0.0% |
| Jordan | 0.7 | 0.3 | 0.5 | 1.0 | 12.6% |
| Germany | 0.6 | 0.5 | 0.7 | 0.9 | 14.5% |
| Latvia | N/A | 0.1 | 0.4 | 0.8 | 182.8% |
| Hong Kong SAR | 0.3 | 0.2 | 0.2 | 0.8 | 38.7% |
| Spain | 0.4 | 0.2 | 0.2 | 0.4 | 0.0% |
| Others | 7.4 | 4.1 | 6.6 | 7.8 | 1.8% |
| Total | 41.0 | 22.4 | 29.7 | 37.2 | -3.2% |
Top Export Markets for Smoked Salmon from Norway in 2022:
- United States (377.9 tons)
- Australia (276.9 tons)
- Saudi Arabia (204.3 tons)
- Italy (191.2 tons)
- Sweden (86.9 tons)
- Germany (78.7 tons)
- Switzerland (66.2 tons)
- Austria (63.1 tons)
- Singapore (59.1 tons)
- Jordan (50.9 tons)
- Hong Kong SAR (43.8 tons)
- Latvia (43.0 tons)
- Spain (40.6 tons)
Smoked Salmon Imports in Norway
In 2022, supplies from abroad of smoked pacific, atlantic and danube salmon increased by 0.6% to 71 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a sharp reduction.
In value terms, smoked salmon imports surged to $1.3M in 2022. Over the period under review, imports, however, continue to indicate a dramatic curtailment.
| Import of Smoked Salmon in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 3,166 | 1,025 | 611 | 589 | -42.9% |
| Denmark | 704 | 291 | 451 | 491 | -11.3% |
| Finland | N/A | N/A | N/A | 172 | 0% |
| Poland | 133 | 56.4 | 14.0 | 18.1 | -48.6% |
| Others | 69.4 | 13.0 | 7.6 | 18.1 | -36.1% |
| Total | 4,072 | 1,385 | 1,083 | 1,288 | -31.9% |
Top Suppliers of Smoked Salmon to Norway in 2022:
- Sweden (33.3 tons)
- Denmark (26.2 tons)
- Finland (10.0 tons)
- Poland (1.3 tons)
This report provides an in-depth analysis of the smoked salmon 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 2030.
Product coverage:
- Prodcom 10202420 -
- Prodcom 10202425 - Smoked Pacific, Atlantic and Danube salmon (including fillets, e xcluding heads, tails and maws)
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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