Norway: Avocado Market Overview 2020

Avocado Market Size in Norway

The revenue of the avocado market in Norway amounted to $X in 2018, shrinking 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). In general, avocado consumption continues to indicate resilient growth. The pace of growth appeared the most rapid in 2011 when the market value increased by X% against the previous year. Avocado consumption peaked at $X in 2017, and then declined slightly in the following year.

Avocado Exports

Exports from Norway

In 2018, approx. X tonnes of avocados were exported from Norway; surging by X% against the previous year. In general, avocado exports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2011 when exports increased by X% year-to-year. In that year, avocado exports attained their peak of X tonnes. From 2012 to 2018, the growth of avocado exports remained at a lower figure.

In value terms, avocado exports stood at $X in 2018. Overall, avocado exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. In that year, avocado exports reached their peak of $X. From 2012 to 2018, the growth of avocado exports remained at a lower figure.

Exports by Country

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

From 2007 to 2018, the average annual rate of growth in terms of volume to the Netherlands totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Luxembourg (+X% per year).

In value terms, the largest markets for avocado exported from Norway were the Netherlands ($X), the Czech Republic ($X) and Luxembourg ($X), together accounting for X% of total exports.

Luxembourg experienced the highest growth rate of exports, in terms of the main countries of destination over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average avocado export price amounted to $X per tonne, growing by X% against the previous year. Over the period under review, the export price indicated buoyant growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2011 when the average export price increased by X% year-to-year. The export price peaked in 2018 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was the Czech Republic ($X per tonne), while the average price for exports to the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced mixed trend patterns.

Avocado Imports

Imports into Norway

In 2018, the amount of avocados imported into Norway amounted to X tonnes, rising by X% against the previous year. Over the period under review, avocado imports continue to indicate remarkable growth. The pace of growth was the most pronounced in 2011 when imports increased by X% against the previous year. Over the period under review, avocado imports reached their peak figure at X tonnes in 2016; however, from 2017 to 2018, imports failed to regain their momentum.

In value terms, avocado imports amounted to $X in 2018. Overall, avocado imports continue to indicate remarkable growth. The growth pace was the most rapid in 2011 when imports increased by X% against the previous year. Imports peaked at $X in 2017, and then declined slightly in the following year.

Imports by Country

In 2018, the Netherlands (X tonnes) constituted the largest supplier of avocado to Norway, with a X% share of total imports. Moreover, avocado imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Peru (X tonnes), twofold. Chile (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual growth rate of volume from the Netherlands amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (+X% per year) and Chile (+X% per year).

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

From 2007 to 2018, the average annual growth rate of value from the Netherlands amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+X% per year) and Peru (+X% per year).

Import Prices by Country

In 2018, the average avocado import price amounted to $X per tonne, waning by -X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017 an increase of X% year-to-year. In that year, the average import prices for avocados reached their peak level of $X per tonne, and then declined slightly in the following year.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Chile, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform