Norway: Avocado Market Overview 2021

Avocado Market Size in Norway

The Norwegian avocado market expanded remarkably to $X in 2019, increasing 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, consumption enjoyed a strong expansion. The most prominent rate of growth was recorded in 2011 when the market value increased by X% y-o-y. Over the period under review, the market reached the maximum level in 2019 and is likely to continue growth in years to come.

Avocado Exports

Exports from Norway

In 2019, shipments abroad of avocados increased by X% to X tonnes, rising for the fourth consecutive year after two years of decline. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. Exports peaked in 2019 and are likely to see steady growth in the near future.

In value terms, avocado exports skyrocketed to $X in 2019. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Exports peaked in 2019 and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X tonnes) was the main destination for avocado exports from Norway, accounting for a approx. X% share of total exports.

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

In value terms, the Netherlands ($X) also remains the key foreign market for avocado exports from Norway.

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

Export Prices by Country

The average avocado export price stood at $X per tonne in 2019, surging by X% against the previous year. In general, export price indicated moderate growth from 2007 to 2019: its price 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. Based on 2019 figures, avocado export price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% y-o-y. Over the period under review, average export prices hit record highs in 2019 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2007 to 2019, the rate of growth in terms of prices for the Netherlands amounted to +X% per year.

Avocado Imports

Imports into Norway

In 2019, the amount of avocados imported into Norway rose markedly to X tonnes, surging by X% on the previous year. Overall, imports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2010 when imports increased by X% year-to-year. Over the period under review, imports attained the peak figure in 2019 and are expected to retain growth in the near future.

In value terms, avocado imports stood at $X in 2019. Over the period under review, imports enjoyed prominent growth. The pace of growth was the most pronounced in 2011 when imports increased by X% year-to-year. Imports peaked in 2019 and are likely to see steady growth in the immediate term.

Imports by Country

Peru (X tonnes), Chile (X tonnes) and Mexico (X tonnes) were the main suppliers of avocado imports to Norway, with a combined X% share of total imports. These countries were followed by Colombia, Spain, South Africa and Israel, which together accounted for a further X 2007 to 2019, the biggest increases were in Colombia (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest avocado suppliers to Norway were Peru ($X), Chile ($X) and Mexico ($X), together comprising X% of total imports. These countries were followed by Colombia, Spain, South Africa and Israel, which together accounted for a further X terms of the main suppliers, Colombia (+X% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average avocado import price amounted to $X per tonne, stabilizing at the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 an increase of X% year-to-year. Over the period under review, average import prices hit record highs in 2019 and is likely to see gradual growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2019, the highest prices were recorded for prices from Mexico ($X per tonne) and South Africa ($X per tonne), while the price for Colombia ($X per tonne) and Peru ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Israel, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for avocados in the world?

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The countries with the highest volumes of avocado consumption in 2019 were the U.S. (1.2M tonnes), Mexico (1.1M tonnes) and the Dominican Republic (626K tonnes), together accounting for 41% of global consumption. These countries were followed by Colombia, Indonesia, Brazil, Haiti, Peru, Kenya, China, France, Guatemala and Venezuela, which together accounted for a further 33%.

What are the largest producers of avocados in the world?

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Mexico (2.3M tonnes) remains the largest avocado producing country worldwide, comprising approx. 33% of total volume. Moreover, avocado production in Mexico exceeded the figures recorded by the second-largest producer, the Dominican Republic (662K tonnes), threefold. Peru (536K tonnes) ranked third in terms of total production with a 7.6% share.

What are the leading suppliers of avocados to Norway?

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In value terms, the largest avocado suppliers to Norway were Peru ($21M), Chile ($18M) and Mexico ($7.5M), together comprising 72% of total imports. Colombia, Spain, South Africa and Israel lagged somewhat behind, together accounting for a further 23%.

What are the leading importers of avocados from Norway?

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In value terms, the Netherlands ($74K) remains the key foreign market for avocado exports from Norway.

What is the average export price for avocados in Norway?

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In 2019, the average avocado export price amounted to $3,858 per tonne, picking up by 28% against the previous year.

What is the average import price for avocados in Norway?

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In 2019, the average avocado import price amounted to $4,653 per tonne, remaining constant against the previous year.