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Norway - Cereals - Market Analysis, Forecast, Size, Trends and Insights
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Norway: Cereals Market Overview 2021

Cereals Market Size in Norway

The Norwegian cereals market contracted to $X in 2020, waning by -X% against the previous year. Over the period under review, consumption saw a perceptible decline. The most prominent rate of growth was recorded in 2019 when the market value increased by X% against the previous year. Cereals consumption peaked at $X in 2011; however, from 2012 to 2020, consumption remained at a lower figure.

Cereals Production in Norway

In value terms, cereals production fell sharply to $X in 2020 estimated in export prices. Over the period under review, production saw a abrupt shrinkage. The growth pace was the most rapid in 2014 when the production volume increased by X% year-to-year. Cereals production peaked at $X in 2010; however, from 2011 to 2020, production failed to regain the momentum.

The average yield of cereals in Norway surged to X tonnes per ha in 2020, growing by X% against the year before. Overall, the yield indicated a tangible increase from 2007 to 2020: its figure increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, cereals yield increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% year-to-year. Over the period under review, the average cereals yield hit record highs in 2020 and is likely to see steady growth in years to come. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The cereals harvested area in Norway contracted rapidly to X ha in 2020, waning by -X% compared with 2019 figures. In general, the harvested area showed a pronounced decrease. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to cereals production reached the maximum at X ha in 2007; however, from 2008 to 2020, the harvested area failed to regain the momentum.

Cereals Exports

Exports from Norway

In 2020, the amount of cereals exported from Norway soared to X tonnes, growing by X% compared with 2019 figures. In general, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2012 when exports increased by X% y-o-y. Exports peaked in 2020 and are likely to continue growth in the immediate term.

In value terms, cereals exports skyrocketed to $X in 2020. Over the period under review, exports posted a prominent increase. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. Over the period under review, exports attained the peak figure at $X in 2016; however, from 2017 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Sweden (X tonnes) was the main destination for cereals exports from Norway, with a X% share of total exports. Moreover, cereals exports to Sweden exceeded the volume sent to the second major destination, Finland (X tonnes), sevenfold. The third position in this ranking was occupied by Denmark (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Sweden amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+X% per year) and Denmark (-X% per year).

In value terms, Sweden ($X) remains the key foreign market for cereals exports from Norway, comprising X% of total exports. The second position in the ranking was occupied by Finland ($X), with a X% share of total exports. It was followed by Denmark, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Sweden amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+X% per year) and Denmark (+X% per year).

Export Prices by Country

In 2020, the average cereals export price amounted to $X per tonne, declining by -X% against the previous year. In general, the export price showed a noticeable reduction. The pace of growth appeared the most rapid in 2019 an increase of X% year-to-year. The export price peaked at $X per tonne in 2011; however, from 2012 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Denmark ($X per tonne), while the average price for exports to Sweden ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Denmark, while the prices for the other major destinations experienced a decline.

Cereals Imports

Imports into Norway

Cereals imports into Norway fell markedly to X tonnes in 2020, dropping by -X% compared with the previous year's figure. In general, imports showed a noticeable descent. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Imports peaked at X tonnes in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

In value terms, cereals imports declined dramatically to $X in 2020. Overall, imports showed a perceptible downturn. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2020, imports remained at a lower figure.

Imports by Country

Poland (X tonnes), Germany (X tonnes) and Sweden (X tonnes) were the main suppliers of cereals imports to Norway, with a combined X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cereals suppliers to Norway were Poland ($X), Germany ($X) and Sweden ($X), with a combined X% share of total imports.

Among the main suppliers, Poland 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 2020, the average cereals import price amounted to $X per tonne, waning by -X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2011 an increase of X% against the previous year. As a result, import price reached the peak level of $X per tonne. from 2012 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2020, the highest prices were recorded for prices from France ($X per tonne) and Denmark ($X per tonne), while the price for Poland ($X per tonne) and Russia ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Finland, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cereals in the world?
+
The countries with the highest volumes of cereals consumption in 2020 were China (658M tonnes), the U.S. (350M tonnes) and India (328M tonnes), with a combined 44% share of global consumption. These countries were followed by Brazil, Russia, Indonesia, Bangladesh, Viet Nam, Mexico, Argentina and Pakistan, which together accounted for a further 20%.
What are the largest producers of cereals in the world?
+
The countries with the highest volumes of cereals production in 2020 were China (629M tonnes), the U.S. (421M tonnes) and India (331M tonnes), with a combined 46% share of global production. These countries were followed by Brazil, Russia, Argentina, Indonesia, Ukraine, France, Bangladesh, Canada and Viet Nam, which together accounted for a further 25%.
What are the leading suppliers of cereals to Norway?
+
In value terms, the largest cereals suppliers to Norway were Poland ($31M), Germany ($24M) and Sweden ($19M), with a combined 78% share of total imports.
What are the leading importers of cereals from Norway?
+
In value terms, Sweden ($404K) remains the key foreign market for cereals exports from Norway, comprising 67% of total exports. The second position in the ranking was occupied by Finland ($111K), with a 18% share of total exports. It was followed by Denmark, with a 12% share.
What is the average export price for cereals in Norway?
+
In 2020, the average cereals export price amounted to $635 per tonne, declining by -2.1% against the previous year.
What is the average import price for cereals in Norway?
+
In 2020, the average cereals import price amounted to $255 per tonne, dropping by -2.2% against the previous year.

Product coverage:
• FCL 108 - Cereals, nes
• FCL 103 - Mixed grain
• FCL 92 - Quinoa
• FCL 15 - Wheat
• FCL 71 - Rye
• FCL 44 - Barley
• FCL 75 - Oats
• FCL 56 - Maize
• FCL 27 - Rice, paddy
• FCL 83 - Sorghum
• FCL 89 - Buckwheat
• FCL 101 - Canary seed
• FCL 94 - Fonio
• FCL 97 - Triticale
• FCL 79 - Millet

This report provides an in-depth analysis of the cereals 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

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, HARVESTED AREA 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 2030
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:
Area Harvested, 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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