Norway: Dry Bean Market Overview 2020

Dry Bean Exports from Norway

In 2017, exports of beans (dry) in Norway totaled X tonnes, descending by -X% against the previous year. In general, dry bean exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2011, an increase of X% y-o-y. Norway exports peaked of X tonnes in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, dry bean exports amounted to $X in 2017. In general, dry bean exports continue to indicate a deep deduction. In that year, the dry bean exports attained its maximum level of $X. From 2012 to 2017, growth of the dry bean exports failed to regain its strength.

Dry Bean Export Prices by Country in Norway

The dry bean export price in Norway stood at $X per tonne in 2017, increasing by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2014, when it surged by X% year-to-year. In that year, the export prices for beans (dry) reached their peak level of $X per tonne. From 2015 to 2017, growth of the export prices for beans (dry) failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was China ($X per tonne), while the UK ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

Dry Bean Imports into Norway

In 2017, approx. X tonnes of beans (dry) were imported into Norway; growing by X% against the previous year. In general, the total imports indicated a pronounced growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the dry bean imports increased by +X% against 2014 indices. The growth pace was the most rapid in 2009, when imports increased by X% year-to-year. Over the period under review, the dry bean imports attained its maximum volume in 2017, and are likely to see steady growth in the near future.

In value terms, dry bean imports stood at $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. Norway imports peaked in 2017, and are likely to continue its growth in the near future.

Dry Bean Imports by Country into Norway

In 2017, India (X tonnes), followed by China (X tonnes), Mexico (X tonnes) and Pakistan (X tonnes) represented the key importers of beans (dry), together committing X% of total imports. Angola (X tonnes), Brazil (X tonnes), the U.S. (X tonnes), Viet Nam (X tonnes), the Philippines (X tonnes), the UK (X tonnes), Kenya (X tonnes) and Italy (X tonnes) occupied the weak share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Viet Nam (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, India ($X) constitutes the largest market for imported beans (dry) into Norway, making up X% of global imports. The second position in the ranking was occupied by China ($X), with a X% share of global imports. It was followed by Mexico, with a X% share.

From 2007 to 2017, the average annual growth rate of value in India stood at +X%. In the other countries, the average annual rates were as follows: China (+X% per year) and Mexico (+X% per year).

Dry Bean Import Prices by Country in Norway

In 2017, the dry bean import price in Norway amounted to $X per tonne, coming down by -X% against the previous year. Overall, dry bean import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, when it surged by X% y-o-y. Norway import price peaked of $X per tonne in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was the U.S. ($X per tonne), while the Philippines ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Viet Nam (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform