Norway: Fig Market Overview 2020

Fig Market Size in Norway

The revenue of the fig market in Norway amounted to $X in 2018, growing 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, fig consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. Over the period under review, the fig market attained its peak figure level at $X in 2008; however, from 2009 to 2018, consumption failed to regain its momentum.

Fig Exports

Exports from Norway

In 2018, approx. X tonnes of figs were exported from Norway; going up by X% against the previous year. Over the period under review, fig exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Exports peaked at X tonnes in 2011; however, from 2012 to 2018, exports stood at a somewhat lower figure.

In value terms, fig exports totaled $X in 2018. Over the period under review, fig exports continue to indicate resilient growth. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. In that year, fig exports reached their peak of $X. From 2012 to 2018, the growth of fig exports remained at a somewhat lower figure.

Exports by Country

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

From 2007 to 2018, the average annual rate of growth in terms of volume to Turkey totaled +X%.

In value terms, Turkey ($X) also remains the key foreign market for fig exports from Norway.

From 2007 to 2018, the average annual rate of growth in terms of value to Turkey stood at +X%.

Export Prices by Country

The average fig export price stood at $X per tonne in 2018, dropping by -X% against the previous year. In general, the fig export price continues to indicate a perceptible deduction. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. The export price peaked at $X per tonne in 2007; however, from 2008 to 2018, export prices failed to regain their momentum.

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

From 2007 to 2018, the rate of growth in terms of prices for Turkey amounted to -X% per year.

Fig Imports

Imports into Norway

In 2018, the amount of figs imported into Norway totaled X tonnes, growing by X% against the previous year. Overall, fig imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2013; however, from 2014 to 2018, imports remained at a lower figure.

In value terms, fig imports amounted to $X in 2018. The total import value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. In that year, fig imports attained their peak of $X. From 2009 to 2018, the growth of fig imports failed to regain its momentum.

Imports by Country

In 2018, Turkey (X tonnes) constituted the largest supplier of fig to Norway, with a X% share of total imports. Moreover, fig imports from Turkey exceeded the figures recorded by the second-largest supplier, the Netherlands (X tonnes), fourfold. The third position in this ranking was occupied by Denmark (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Turkey totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Denmark (+X% per year).

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

From 2007 to 2018, the average annual rate of growth in terms of value from Turkey was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Denmark (+X% per year).

Import Prices by Country

In 2018, the average fig import price amounted to $X per tonne, picking up by X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. Over the period under review, the average import prices for figs attained their maximum at $X per tonne in 2008; however, from 2009 to 2018, import prices failed to regain their momentum.

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 2018, the most notable rate of growth in terms of prices was attained by Brazil, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform