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

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Chestnut Market Size in Norway

The Norwegian chestnut market was finally on the rise to reach $X in 2019, after three years of decline. Overall, the total consumption indicated a notable increase from 2012 to 2019: its value increased at an average annual rate of +X% over the last seven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption decreased by -X% against 2015 indices. The pace of growth appeared the most rapid in 2014 when the market value increased by X% against the previous year. Chestnut consumption peaked at $X in 2015; however, from 2016 to 2019, consumption failed to regain the momentum.

Chestnut Exports

Exports from Norway

In 2019, overseas shipments of chestnuts decreased by X% to X kg, falling for the second consecutive year after six years of growth. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. As a result, exports reached the peak of X kg. From 2018 to 2019, the growth exports failed to regain the momentum.

In value terms, chestnut exports amounted to $X in 2019. In general, exports enjoyed a resilient expansion. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. As a result, exports reached the peak of $X. From 2018 to 2019, the growth exports remained at a lower figure.

Exports by Country

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

From 2012 to 2017, 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 chestnut exports from Norway.

From 2012 to 2017, the average annual growth rate of value to the Netherlands amounted to +X%.

Export Prices by Country

In 2017, the average chestnut export price amounted to $X per tonne, falling by -X% against the previous year. Over the period under review, the export price faced a deep slump. Over the period under review, average export prices reached the maximum at $X per tonne in 2016, and then shrank in the following year.

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

From 2012 to 2017, the rate of growth in terms of prices for the Netherlands amounted to -X% per year.

Chestnut Imports

Imports into Norway

In 2019, after three years of decline, there was significant growth in purchases abroad of chestnuts, when their volume increased by X% to X tonnes. Overall, total imports indicated a tangible increase from 2012 to 2019: its volume 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. The most prominent rate of growth was recorded in 2013 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2015; however, from 2016 to 2019, imports stood at a somewhat lower figure.

In value terms, chestnut imports rose notably to $X in 2019. Over the period under review, imports enjoyed a buoyant expansion. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. As a result, imports reached the peak of $X. From 2015 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

Turkey (X tonnes), the Netherlands (X tonnes) and Macedonia (X tonnes) were the main suppliers of chestnut imports to Norway.

From 2012 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Macedonia (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest chestnut suppliers to Norway were the Netherlands ($X), Turkey ($X) and Macedonia ($X), together comprising X% of total imports.

Macedonia (+X% per year) saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average chestnut import price stood at $X per tonne in 2019, declining by -X% against the previous year. In general, import price indicated a pronounced 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, chestnut import price decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% year-to-year. As a result, import price attained the peak level of $X per tonne. From 2015 to 2019, the growth in terms of the average import prices remained at a lower figure.

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

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for chestnuts in the world?
+
China (3.7M tonnes) remains the largest chestnut consuming country worldwide, accounting for 90% of total volume. It was followed by Bolivia (86K tonnes), with a 2.1% share of total consumption. The third position in this ranking was occupied by Italy (63K tonnes), with a 1.5% share.
What are the largest producers of chestnuts in the world?
+
China (3.7M tonnes) remains the largest chestnut producing country worldwide, accounting for 90% of total volume. It was followed by Bolivia (86K tonnes), with a 2.1% share of total production.
What are the leading suppliers of chestnuts to Norway?
+
In value terms, the largest chestnut suppliers to Norway were the Netherlands ($40K), Turkey ($37K) and Macedonia ($14K), with a combined 100% share of total imports.
What are the leading importers of chestnuts from Norway?
+
In value terms, the Netherlands ($7) remains the key foreign market for chestnut exports from Norway.
What is the average export price for chestnuts in Norway?
+
The average chestnut export price stood at $1,750 per tonne in 2017, with a decrease of -12.5% against the previous year.
What is the average import price for chestnuts in Norway?
+
In 2019, the average chestnut import price amounted to $3,128 per tonne, which is down by -14.2% against the previous year.

Product coverage:
• FCL 220 - Chestnuts

This report provides an in-depth analysis of the chestnut 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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