Norway: Apricot Market Overview 2021

Apricot Market Size in Norway

In 2019, after three years of growth, there was significant decline in the Norwegian apricot market, when its value decreased by -X% to $X. Overall, consumption, however, showed a notable increase. The most prominent rate of growth was recorded in 2008 when the market value increased by X% year-to-year. Over the period under review, the market attained the maximum level at $X in 2018, and then declined notably in the following year.

Apricot Exports

Exports from Norway

In 2019, overseas shipments of apricots decreased by -X% to X tonnes, falling for the seventh consecutive year after four years of growth. In general, exports showed a slight decrease. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. As a result, exports attained the peak of X tonnes. From 2013 to 2019, the growth exports failed to regain the momentum.

In value terms, apricot exports fell to $X in 2019. Overall, total exports indicated a modest expansion from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports decreased by -X% against 2012 indices. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. As a result, exports attained the peak of $X. From 2013 to 2019, the growth exports remained at a lower figure.

Exports by Country

The Netherlands (X tonnes) was the main destination for apricot exports from Norway, with a X% share of total exports. Moreover, apricot exports to the Netherlands exceeded the volume sent to the second major destination, Sweden (X tonnes), threefold.

From 2007 to 2019, the average annual growth rate of volume to the Netherlands amounted to +X%.

In value terms, the Netherlands ($X) remains the key foreign market for apricot exports from Norway, comprising X% of total exports. The second position in the ranking was occupied by Sweden ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value to the Netherlands amounted to +X%.

Export Prices by Country

In 2019, the average apricot export price amounted to $X per tonne, rising by X% against the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2011; afterwards, it flattened through to 2019.

Average prices varied somewhat for the major overseas markets. In 2019, the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to Sweden amounted to $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands.

Apricot Imports

Imports into Norway

In 2019, purchases abroad of apricots decreased by -X% to X tonnes, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2012 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tonnes in 2017; however, from 2018 to 2019, imports failed to regain the momentum.

In value terms, apricot imports declined significantly to $X in 2019. Overall, total imports indicated noticeable growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, Spain (X tonnes) constituted the largest apricot supplier to Norway, accounting for a X% share of total imports. Moreover, apricot imports from Spain exceeded the figures recorded by the second-largest supplier, the Netherlands (X tonnes), twofold. Italy (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual growth rate of volume from Spain amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Italy (+X% per year).

In value terms, Spain ($X) constituted the largest supplier of apricot to Norway, comprising X% of total imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total imports. It was followed by South Africa, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from Spain totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and South Africa (+X% per year).

Import Prices by Country

The average apricot import price stood at $X per tonne in 2019, reducing by -X% against the previous year. In general, the import price showed a slight decline. The most prominent rate of growth was recorded in 2010 an increase of X% year-to-year. The import price peaked at $X per tonne in 2011; however, from 2012 to 2019, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was South Africa ($X per tonne), while the price for Macedonia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Spain, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for apricots in the world?

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The countries with the highest volumes of apricot consumption in 2019 were Turkey (813K tonnes), Uzbekistan (479K tonnes) and Iran (329K tonnes), together comprising 39% of global consumption.

What are the largest producers of apricots in the world?

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The countries with the highest volumes of apricot production in 2019 were Turkey (847K tonnes), Uzbekistan (537K tonnes) and Iran (330K tonnes), together accounting for 41% of global production.

What are the leading suppliers of apricots to Norway?

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In value terms, Spain ($568K) constituted the largest supplier of apricot to Norway, comprising 58% of total imports. The second position in the ranking was occupied by the Netherlands ($216K), with a 22% share of total imports. It was followed by South Africa, with a 5.8% share.

What are the leading importers of apricots from Norway?

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In value terms, the Netherlands ($26K) remains the key foreign market for apricot exports from Norway, comprising 81% of total exports. The second position in the ranking was occupied by Sweden ($6.2K), with a 19% share of total exports.

What is the average export price for apricots in Norway?

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The average apricot export price stood at $4,284 per tonne in 2019, surging by 3.4% against the previous year.

What is the average import price for apricots in Norway?

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In 2019, the average apricot import price amounted to $2,365 per tonne, falling by -15% against the previous year.