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Norway - Beef (Cattle Meat) - Market Analysis, Forecast, Size, Trends and Insights
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Norway: Beef Market Overview 2021

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Beef Market Size in Norway

The Norwegian beef market was estimated at $X in 2020, picking up by X% against the previous year. Overall, the total consumption indicated a temperate expansion from 2007 to 2020: its value 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, consumption decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2014 when the market value increased by X% against the previous year. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

Beef Production in Norway

In value terms, beef production shrank to $X in 2020 estimated in export prices. Over the period under review, production saw prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2020, production failed to regain the momentum.

In 2020, the average beef yield in Norway reached X kg per head, approximately reflecting the previous year's figure. In general, the yield showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, the average beef yield reached the maximum level in 2020 and is expected to retain growth in years to come.

In 2020, approx. X heads of animals slaughtered for beef production in Norway; flattening at 2019. Over the period under review, the number of producing animals continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Over the period under review, this number reached the maximum level at X heads in 2008; however, from 2009 to 2020, producing animals stood at a somewhat lower figure.

Beef Exports

Exports from Norway

In 2020, overseas shipments of beef (cattle meat) were finally on the rise to reach X tonnes after five years of decline. Overall, exports, however, saw a deep contraction. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, exports hit record highs at X tonnes in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, beef exports declined slightly to $X in 2020. Over the period under review, exports, however, continue to indicate a noticeable decline. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, exports attained the peak of $X. From 2015 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Poland (X tonnes) was the main destination for beef exports from Norway, accounting for a X% share of total exports. Moreover, beef exports to Poland exceeded the volume sent to the second major destination, the Netherlands (X tonnes), more than tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume to Poland amounted to +X%.

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

From 2007 to 2020, the average annual rate of growth in terms of value to Poland stood at +X%.

Export Prices by Country

The average beef export price stood at $X per tonne in 2020, therefore, remained relatively stable against the previous year. In general, the export price, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2011 an increase of X% year-to-year. The export price peaked at $X per tonne in 2018; however, from 2019 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to Poland amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands.

Beef Imports

Imports into Norway

In 2020, supplies from abroad of beef (cattle meat) increased by X% to X tonnes, rising for the second consecutive year after three years of decline. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. As a result, imports attained the peak of X tonnes. From 2016 to 2020, the growth imports remained at a lower figure.

In value terms, beef imports soared to $X in 2020. Over the period under review, imports, however, showed a mild decline. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. As a result, imports reached the peak of $X. From 2013 to 2020, the growth imports remained at a lower figure.

Imports by Country

In 2020, Germany (X tonnes) constituted the largest supplier of beef to Norway, with a X% share of total imports. Moreover, beef imports from Germany exceeded the figures recorded by the second-largest supplier, Denmark (X tonnes), more than tenfold. Uruguay (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (-X% per year) and Uruguay (-X% per year).

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

From 2007 to 2020, the average annual growth rate of value from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Uruguay (-X% per year) and Denmark (-X% per year).

Import Prices by Country

In 2020, the average beef import price amounted to $X per tonne, shrinking by -X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per tonne in 2009; however, from 2010 to 2020, import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, 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 beef (cattle meat) in the world?
+
The countries with the highest volumes of beef consumption in 2020 were China (15M tonnes), the U.S. (13M tonnes) and Brazil (8.9M tonnes), together accounting for 46% of global consumption. Argentina, Pakistan, Russia, Mexico, Australia, India and France lagged somewhat behind, together accounting for a further 17%.
What are the largest producers of beef (cattle meat) in the world?
+
The countries with the highest volumes of beef production in 2020 were China (13M tonnes), the U.S. (12M tonnes) and Brazil (10M tonnes), together comprising 45% of global production. Argentina, India, Australia, Pakistan, Mexico, Russia, France and Canada lagged somewhat behind, together accounting for a further 21%.
What are the leading suppliers of beef (cattle meat) to Norway?
+
In value terms, Germany ($37M) constituted the largest supplier of beef to Norway, comprising 63% of total imports. The second position in the ranking was occupied by Uruguay ($6.6M), with a 11% share of total imports. It was followed by Denmark, with a 6.5% share.
What are the leading importers of beef (cattle meat) from Norway?
+
In value terms, Poland ($638K) remains the key foreign market for beef exports from Norway, comprising 89% of total exports. The second position in the ranking was occupied by the Netherlands ($45K), with a 6.3% share of total exports.
What is the average export price for beef (cattle meat) in Norway?
+
In 2020, the average beef export price amounted to $8,863 per tonne, standing approx. at the previous year.
What is the average import price for beef (cattle meat) in Norway?
+
In 2020, the average beef import price amounted to $4,209 per tonne, shrinking by -3.3% against the previous year.

Product coverage:
• FCL 947 - Buffalo meat
• FCL 867 - Meat of cattle

This report provides an in-depth analysis of the beef market in Norway. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Norway

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Norway
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Producing Animals Slaughtered, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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