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

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Fig Market Size in Norway

The Norwegian fig market surged to $X in 2020, increasing 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). Overall, consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2020, consumption remained at a lower figure.

Fig Exports

Exports from Norway

In 2020, shipments abroad of figs decreased by -X% to X tonnes for the first time since 2013, thus ending a six-year rising trend. Overall, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. As a result, exports reached the peak of X tonnes. from 2012 to 2020, the growth exports remained at a lower figure.

In value terms, fig exports declined markedly to $X in 2020. In general, exports recorded a abrupt shrinkage. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. As a result, exports attained the peak of $X. from 2012 to 2020, the growth exports remained at a lower figure.

Exports by Country

Sweden (X tonnes) was the main destination for fig exports from Norway, accounting for a approx. X% share of total exports.

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

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

Export Prices by Country

In 2020, the average fig export price amounted to $X per tonne, dropping by -X% against the previous year. Over the period under review, the export price recorded a abrupt decline. The growth pace was the most rapid in 2016 when the average export price increased by X% y-o-y. Over the period under review, average export prices hit record highs at $X per tonne in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

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

From 2007 to 2020, the rate of growth in terms of prices for Sweden amounted to -X% per year.

Fig Imports

Imports into Norway

Fig imports into Norway reached X tonnes in 2020, surging by X% on the previous year's figure. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at X tonnes in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

In value terms, fig imports stood at $X in 2020. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2012 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Turkey (X tonnes) constituted the largest fig supplier to Norway, with a X% share of total imports. Moreover, fig imports from Turkey exceeded the figures recorded by the second-largest supplier, Brazil (X tonnes), more than tenfold. The third position in this ranking was occupied by Italy (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Turkey totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and Italy (+X% per year).

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

From 2007 to 2020, the average annual growth rate of value from Turkey totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and Spain (+X% per year).

Import Prices by Country

The average fig import price stood at $X per tonne in 2020, leveling off at the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2018; however, from 2019 to 2020, import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Spain, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for figs in the world?
+
The countries with the highest volumes of fig consumption in 2020 were Turkey (232K tonnes), Egypt (223K tonnes) and Morocco (165K tonnes), together accounting for 46% of global consumption. These countries were followed by Iran, Algeria, Spain, the U.S., Syrian Arab Republic, India, Tunisia, France, Albania and China, which together accounted for a further 37%.
What are the largest producers of figs in the world?
+
The countries with the highest volumes of fig production in 2020 were Turkey (320K tonnes), Egypt (222K tonnes) and Morocco (166K tonnes), together comprising 52% of global production.
What are the leading suppliers of figs to Norway?
+
In value terms, Turkey ($1.8M) constituted the largest supplier of fig to Norway, comprising 84% of total imports. The second position in the ranking was occupied by Brazil ($171K), with a 7.9% share of total imports. It was followed by Spain, with a 2.5% share.
What is the average export price for figs in Norway?
+
The average fig export price stood at $2,262 per tonne in 2020, declining by -48.3% against the previous year.
What is the average import price for figs in Norway?
+
The average fig import price stood at $5,995 per tonne in 2020, remaining relatively unchanged against the previous year.

Product coverage:
• FCL 569 - Figs

This report provides an in-depth analysis of the fig 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 2007–2020
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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