
Norway - Asparagus - Market Analysis, Forecast, Size, Trends and Insights
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Norway: Asparagus Market 2022
Asparagus Market Size in Norway
The Norwegian asparagus market reduced to $X in 2021, declining by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a perceptible shrinkage. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.
Asparagus Exports
Exports from Norway
In 2021, after three years of growth, there was significant decline in shipments abroad of asparagus, when their volume decreased by -X% to X tonnes. In general, exports, however, posted resilient growth. The most prominent rate of growth was recorded in 2019 with an increase of X% year-to-year. The exports peaked at X tonnes in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.
In value terms, asparagus exports dropped dramatically to $X in 2021. Over the period under review, exports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
The Netherlands (X tonnes) was the main destination for asparagus exports from Norway, with a approx. X% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of volume to the Netherlands stood at +X%.
In value terms, the Netherlands ($X) also remains the key foreign market for asparagus exports from Norway.
From 2012 to 2021, the average annual growth rate of value to the Netherlands stood at +X%.
Export Prices by Country
The average asparagus export price stood at $X per tonne in 2021, increasing by X% against the previous year. Overall, the export price showed a pronounced expansion. The growth pace was the most rapid in 2015 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per tonne in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2012 to 2021, the rate of growth in terms of prices for the Netherlands amounted to +X% per year.
Asparagus Imports
Imports into Norway
In 2021, the amount of asparagus imported into Norway contracted modestly to X tonnes, approximately mirroring the previous year's figure. Over the period under review, imports recorded a perceptible slump. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X tonnes. From 2015 to 2021, the growth imports remained at a lower figure.
In value terms, asparagus imports fell modestly to $X in 2021. Overall, imports continue to indicate a pronounced setback. The most prominent rate of growth was recorded in 2013 when imports increased by X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.
Imports by Country
In 2021, Peru (X tonnes) constituted the largest supplier of asparagus to Norway, with a X% share of total imports. Moreover, asparagus imports from Peru exceeded the figures recorded by the second-largest supplier, Spain (X tonnes), threefold. Italy (X tonnes) ranked third in terms of total imports with a X% share.
From 2012 to 2021, the average annual growth rate of volume from Peru totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-X% per year) and Italy (+X% per year).
In value terms, Peru ($X) constituted the largest supplier of asparagus to Norway, comprising X% of total imports. The second position in the ranking was occupied by Spain ($X), with a X% share of total imports. It was followed by Mexico, with a X% share.
From 2012 to 2021, the average annual rate of growth in terms of value from Peru totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-X% per year) and Mexico (-X% per year).
Import Prices by Country
The average asparagus import price stood at $X per tonne in 2021, remaining constant against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of X% y-o-y. As a result, import price reached the peak level of $X per tonne. From 2014 to 2021, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Belgium ($X per tonne), while the price for Italy ($X per tonne) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2021 | 2007-2021 | 2022-2030 | US$, Tonnes |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the asparagus 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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