Norway - Avocados - Market Analysis, Forecast, Size, Trends and Insights

Norway: Avocado Market Overview 2019

Avocado Market Size in Norway

The revenue of the avocado market in Norway amounted to $X in 2017, coming up 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 an outstanding growth. The most prominent rate of growth was recorded in 2011, when it surged by X% against the previous year. The avocado consumption peaked in 2017, and is likely to see steady growth in the near future.

Avocado Exports from Norway

In 2017, approx. X tonnes of avocados were exported from Norway; growing by X% against the previous year. In general, avocado exports continue to indicate an outstanding growth. The pace of growth appeared the most rapid in 2011, when exports increased by X% against the previous year. In that year, the avocado exports reached their peak volume of X tonnes. From 2012 to 2017, growth of the avocado exports stood at a somewhat lower level.

In value terms, avocado exports stood at $X in 2017. In general, avocado exports continue to indicate a skyrocketing expansion. Over the period under review, the avocado exports reached its maximum level in 2017, and are expected to retain its growth in the immediate term.

Avocado Exports by Country from Norway

The Netherlands (X tonnes) was the main destination of avocado exports from Norway, accounting for X% share of total exports. It was followed by Luxembourg (X kg), with a X% share of total exports.

From 2007 to 2017, the average annual rate of growth in terms of volume to the Netherlands totaled +X%.

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

From 2007 to 2017, the average annual growth rate of value to the Netherlands totaled +X%.

Avocado Export Prices by Country in Norway

In 2017, the average avocado export price amounted to $X per tonne, declining by -X% against the previous year. In general, avocado export price continues to indicate a modest expansion. The most prominent rate of growth was recorded in 2012, when it surged by X% y-o-y. In that year, the average export prices for avocados attained their peak level of $X per tonne. From 2013 to 2017, growth of the average export prices for avocados failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was the Netherlands ($X per tonne), while average price for exports to Luxembourg ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to the Netherlands (+X% per year).

Avocado Imports into Norway

In 2017, approx. X tonnes of avocados were imported into Norway; going up by X% against the previous year. Overall, avocado imports continue to indicate a strong increase. The pace of growth was the most pronounced in 2010, with an increase of X% against the previous year. The imports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, avocado imports totaled $X in 2017. Overall, avocado imports continue to indicate an outstanding expansion. Over the period under review, the avocado imports attained its maximum level in 2017, and are expected to retain its growth in the immediate term.

Avocado Imports by Country into Norway

In 2017, the Netherlands (X tonnes) constituted the largest avocado supplier to Norway, with a X% share of total imports. Moreover, avocado imports from the Netherlands exceeded the figures recorded by the second largest supplier, Chile (X tonnes), twofold. Peru (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2017, the average annual growth rate of volume from the Netherlands totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+X% per year) and Peru (+X% per year).

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

From 2007 to 2017, the average annual rate of growth in terms of value from the Netherlands totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+X% per year) and Peru (+X% per year).

Avocado Import Prices by Country in Norway

The average avocado import price stood at $X per tonne in 2017, coming up by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008, when the average import prices increased by X% year-to-year. Over the period under review, the average import prices for avocados reached its peak figure level in 2017, and is expected to retain its growth in the immediate term.

Average import prices varied somewhat amongst the major supplying countries. In 2017, the countries with the highest import prices were Peru ($X per tonne) and Chile ($X per tonne), while prices for avocado imports from Mexico ($X per tonne) and Belgium ($X per tonne) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Belgium (+X% per year), the import prices for other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform