Norway - Tomato Ketchup And Tomato Sauces - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTomato Ketchup Price in Norway - 2023
Contents:
- Tomato Ketchup Price in Norway (CIF) - 2023
- Tomato Ketchup Price in Norway (FOB) - 2022
- Tomato Ketchup Imports in Norway
- Tomato Ketchup Exports in Norway
Tomato Ketchup Price in Norway (CIF) - 2023
In September 2023, the average tomato ketchup import price amounted to $3,080 per ton, reducing by -5.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.7%. The most prominent rate of growth was recorded in January 2023 an increase of 11% against the previous month. The import price peaked at $3,245 per ton in August 2023, and then reduced in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($4,937 per ton), while the price for Portugal ($1,286 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Tomato Ketchup Price in Norway (FOB) - 2022
In 2022, the average tomato ketchup export price amounted to $3,870 per ton, declining by -14.8% against the previous year. Overall, the export price, however, enjoyed a strong increase. The pace of growth was the most pronounced in 2021 an increase of 69% against the previous year. As a result, the export price reached the peak level of $4,539 per ton, and then fell in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($5,335 per ton), while the average price for exports to Nigeria ($1,321 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 Denmark (+11.6%), while the prices for the other major destinations experienced mixed trend patterns.
Tomato Ketchup Imports in Norway
In 2022, the amount of tomato ketchup and tomato sauces imported into Norway rose slightly to 14K tons, picking up by 2.7% compared with the year before. The total import volume increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 3.2%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, tomato ketchup imports stood at $36M in 2022. The total import value increased at an average annual rate of +5.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 9.4%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.
| Import of Tomato Ketchup in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 11.7 | 12.6 | 14.7 | 16.0 | 11.0% |
| Italy | 4.5 | 5.1 | 5.1 | 5.6 | 7.6% |
| Sweden | 3.1 | 4.1 | 4.5 | 4.4 | 12.4% |
| Belgium | 2.9 | 3.3 | 3.3 | 3.2 | 3.3% |
| Spain | 2.7 | 2.3 | 2.6 | 2.3 | -5.2% |
| United States | 2.2 | 0.9 | 1.0 | 1.3 | -16.1% |
| Germany | 0.7 | 0.9 | 1.2 | 0.9 | 8.7% |
| Portugal | 0.4 | 0.3 | 0.3 | 0.4 | 0.0% |
| Others | 2.2 | 2.5 | 2.3 | 2.2 | 0.0% |
| Total | 30.5 | 32.0 | 35.0 | 36.2 | 5.9% |
Top Suppliers of Tomato Ketchup to Norway in 2022:
- Netherlands (4.8K tons)
- Italy (2.6K tons)
- Sweden (2.4K tons)
- Belgium (1.5K tons)
- Spain (1.1K tons)
- Germany (0.5K tons)
- Portugal (0.4K tons)
- United States (0.4K tons)
Tomato Ketchup Exports in Norway
In 2022, the amount of tomato ketchup and tomato sauces exported from Norway soared to 47 tons, picking up by 81% on 2021 figures. Overall, exports, however, recorded a deep contraction.
In value terms, tomato ketchup exports skyrocketed to $181K in 2022. Over the period under review, exports continue to indicate notable growth.
| Export of Tomato Ketchup in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iceland | 58.4 | 43.5 | 40.4 | 66.4 | 4.4% |
| Denmark | 50.2 | 6.2 | 31.0 | 59.2 | 5.7% |
| Sweden | 38.2 | 169 | 17.2 | 40.0 | 1.5% |
| Germany | 2.9 | 3.1 | 1.3 | 4.4 | 14.9% |
| United Kingdom | 0.7 | 1.8 | 1.4 | 3.9 | 77.3% |
| Spain | 6.5 | 0.6 | 0.3 | 2.9 | -23.6% |
| Nigeria | N/A | N/A | N/A | 1.5 | 0% |
| Finland | N/A | 16.7 | 2.5 | N/A | -85.0% |
| Others | 7.9 | 6.2 | 23.2 | 3.0 | -27.6% |
| Total | 165 | 248 | 117 | 181 | 3.1% |
Top Export Markets for Tomato Ketchup from Norway in 2022:
- Iceland (17.7 tons)
- Sweden (12.3 tons)
- Denmark (11.1 tons)
- Germany (2.4 tons)
- Nigeria (1.1 tons)
- United Kingdom (1.0 tons)
- Spain (0.8 tons)
This report provides an in-depth analysis of the tomato ketchup 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 10841230 - Tomato ketchup and other tomato sauces
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
-
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
-
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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