Norway: Avocado Market 2022

Avocado Exports

Exports from Norway

After seven years of growth, shipments abroad of avocados decreased by -X% to X tonnes in 2020. Overall, exports, however, recorded modest growth. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. Over the period under review, the exports reached the maximum at X tonnes in 2019, and then contracted dramatically in the following year.

In value terms, avocado exports shrank sharply to $X in 2020. In general, exports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. The exports peaked at $X in 2019, and then declined notably in the following year.

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 kg), eightfold.

From 2007 to 2020, the average annual growth rate of volume to the Netherlands was relatively modest.

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

From 2007 to 2020, the average annual growth rate of value to the Netherlands totaled +X%.

Export Prices by Country

In 2020, the average avocado export price amounted to $X per tonne, rising by X% against the previous year. Overall, export price indicated a resilient increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, avocado export price increased by +X% against 2018 indices. The growth pace was the most rapid in 2011 when the average export price increased by X% y-o-y. Over the period under review, the average export prices attained the maximum at $X per tonne in 2014; however, from 2015 to 2020, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2020, the country with the highest price was the Czech Republic ($X per tonne), while the average price for exports to the Netherlands stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+X%).

Avocado Imports

Imports into Norway

In 2020, the amount of avocados imported into Norway rose significantly to X tonnes, surging by X% compared with the year before. Over the period under review, imports continue to indicate a remarkable increase. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Imports peaked in 2020 and are likely to see gradual growth in the immediate term.

In value terms, avocado imports expanded modestly to $X in 2020. Overall, imports showed prominent growth. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, imports reached the maximum in 2020 and are likely to see steady growth in the near future.

Imports by Country

In 2020, the Netherlands (X tonnes) constituted the largest avocado supplier to Norway, accounting for a X% share of total imports. Moreover, avocado imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Peru (X tonnes), threefold. The third position in this ranking was occupied by Chile (X tonnes), with an X% share.

From 2007 to 2020, 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 ($X) constituted the largest supplier of avocado to Norway, comprising X% of total imports. The second position in the ranking was occupied by Peru ($X), with an X% share of total imports. It was followed by Chile, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from the Netherlands stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (+X% per year) and Chile (+X% per year).

Import Prices by Country

The average avocado import price stood at $X per tonne in 2020, which is down by -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 when the average import price increased by X% year-to-year. Over the period under review, average import prices hit record highs at $X per tonne in 2018; however, from 2019 to 2020, import prices stood at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Denmark (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform