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Norway - Cherries (Sour) - Market Analysis, Forecast, Size, Trends and Insights
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Norway: Sour Cherry Market Overview 2021

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Sour Cherry Market Size in Norway

The Norwegian sour cherry market plummeted to $X in 2019, waning 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 showed a drastic downturn. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Sour cherry consumption peaked at $X in 2013; however, from 2014 to 2019, consumption failed to regain the momentum.

Sour Cherry Exports

Exports from Norway

In 2019, shipments abroad of sour cherries decreased by -X% to X kg for the first time since 2016, thus ending a two-year declining trend. In general, exports, however, posted significant growth. Exports peaked at X kg in 2018, and then dropped markedly in the following year.

In value terms, sour cherry exports shrank significantly to $X in 2019. Overall, exports, however, continue to indicate significant growth. Over the period under review, exports attained the peak figure at $X in 2018, and then reduced dramatically in the following year.

Exports by Country

Denmark (X kg) was the main destination for sour cherry exports from Norway, accounting for a approx. X% share of total exports.

From 2012 to 2018, the average annual growth rate of volume to Denmark was relatively modest.

From 2012 to 2018, the average annual rate of growth in terms of value to Denmark was relatively modest.

Export Prices by Country

The average sour cherry export price stood at $X per tonne in 2018, therefore, remained relatively stable against the previous year. In general, the export price saw a noticeable reduction. The export price peaked at $X per tonne in 2016; however, from 2017 to 2018, export prices remained at a lower figure.

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

From 2012 to 2018, the rate of growth in terms of prices for Denmark amounted to X% per year.

Sour Cherry Imports

Imports into Norway

In 2019, imports of sour cherries into Norway declined remarkably to X kg, waning by -X% compared with the year before. Overall, imports faced a sharp shrinkage. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Imports peaked at X tonnes in 2012; however, from 2013 to 2019, imports stood at a somewhat lower figure.

In value terms, sour cherry imports shrank sharply to $X in 2019. In general, imports saw a abrupt descent. 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 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, the Netherlands (X kg) was the main sour cherry supplier to Norway, with a X% share of total imports. Moreover, sour cherry imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Estonia (X kg), more than tenfold.

From 2012 to 2019, the average annual rate of growth in terms of volume from the Netherlands stood at -X%.

In value terms, the Netherlands ($X) constituted the largest supplier of sour cherry to Norway, comprising X% of total imports. The second position in the ranking was occupied by Estonia ($X), with a X% share of total imports.

From 2012 to 2019, the average annual rate of growth in terms of value from the Netherlands amounted to -X%.

Import Prices by Country

In 2019, the average sour cherry import price amounted to $X per tonne, rising by X% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2019: its price increased at an average annual rate of +X% over the last seven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, sour cherry import price increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2013 an increase of X% year-to-year. As a result, import price attained the peak level of $X per tonne. From 2014 to 2019, the growth in terms of the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2019, the country with the highest price was the Netherlands ($X per tonne), while the price for Estonia totaled $X per tonne.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Estonia.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sour cherries in the world?
+
The countries with the highest volumes of sour cherry consumption in 2019 were Russia (255K tonnes), Turkey (182K tonnes) and Ukraine (167K tonnes), with a combined 42% share of global consumption. These countries were followed by Poland, Iran, the U.S., Serbia, Uzbekistan, Hungary, Azerbaijan, Romania and Germany, which together accounted for a further 49%.
What are the largest producers of sour cherries in the world?
+
The countries with the highest volumes of sour cherry production in 2019 were Russia (244K tonnes), Turkey (182K tonnes) and Ukraine (167K tonnes), with a combined 42% share of global production. Poland, Iran, the U.S., Serbia, Uzbekistan and Hungary lagged somewhat behind, together accounting for a further 43%.
What are the leading suppliers of sour cherries to Norway?
+
In value terms, the Netherlands ($5.2K) constituted the largest supplier of sour cherry to Norway, comprising 96% of total imports. The second position in the ranking was occupied by Estonia ($194), with a 3.6% share of total imports.
What is the average export price for sour cherries in Norway?
+
The average sour cherry export price stood at $1,877 per tonne in 2018, standing approx. at the previous year.
What is the average import price for sour cherries in Norway?
+
The average sour cherry import price stood at $6,353 per tonne in 2019, growing by 21% against the previous year.

Product coverage:
• FCL 530 - Sour cherries

This report provides an in-depth analysis of the sour cherry 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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
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, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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