Report Update May 1, 2024

Norway - Frozen Catfish - Market Analysis, Forecast, Size, Trends and Insights

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Norway: Frozen Catfish Market 2022

Frozen Catfish Market Size in Norway

In 2020, the Norwegian frozen catfish market decreased by -X% to $X, falling for the third consecutive year after two years of growth. Over the period under review, consumption saw a perceptible slump. The most prominent rate of growth was recorded in 2016 when the market value increased by X% y-o-y. Frozen catfish consumption peaked at $X in 2017; however, from 2018 to 2020, consumption failed to regain the momentum.

Frozen Catfish Exports

Exports from Norway

In 2020, the amount of frozen catfish exported from Norway amounted to X kg, approximately mirroring the year before. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, exports reached the peak of X tons. from 2014 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, frozen catfish exports totaled $X in 2020. Overall, exports saw a deep reduction. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. As a result, exports attained the peak of $X. from 2014 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Saudi Arabia (X tons) was the main destination for frozen catfish exports from Norway, accounting for a X% share of total exports. Moreover, frozen catfish exports to Saudi Arabia exceeded the volume sent to the second major destination, Colombia (X tons), threefold. The third position in this ranking was occupied by China (X tons), with a X% share.

From 2007 to 2014, the average annual rate of growth in terms of volume to Saudi Arabia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (+X% per year) and China (-X% per year).

In value terms, Saudi Arabia ($X), Colombia ($X) and China ($X) were the largest markets for frozen catfish exported from Norway worldwide, with a combined X% share of total exports. These countries were followed by Germany, which accounted for a further X terms of the main countries of destination, Germany recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average frozen catfish export price stood at $X per ton in 2014, falling by -X% against the previous year. Over the period under review, the export price showed a dramatic descent. Over the period under review, average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2014, export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. In 2014, the country with the highest price was Colombia ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) was amongst the lowest.

From 2007 to 2014, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced a decline.

Frozen Catfish Imports

Imports into Norway

In 2020, purchases abroad of frozen catfish decreased by -X% to X tons, falling for the third consecutive year after two years of growth. In general, imports continue to indicate a noticeable descent. The growth pace was the most rapid in 2016 when imports increased by X% year-to-year. Imports peaked at X tons in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

In value terms, frozen catfish imports dropped slightly to $X in 2020. Over the period under review, imports continue to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Vietnam (X tons) was the main frozen catfish supplier to Norway, with a X% share of total imports. It was followed by Cameroon (X kg), with a X% share of total imports.

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

In value terms, Vietnam ($X) constituted the largest supplier of frozen catfish to Norway, comprising X% of total imports. The second position in the ranking was occupied by Cameroon ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from Vietnam amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Cameroon (+X% per year) and Japan (X% per year).

Import Prices by Country

The average frozen catfish import price stood at $X per ton in 2020, surging by X% against the previous year. Overall, the import price, however, saw a mild reduction. The import price peaked at $X per ton in 2007; however, from 2008 to 2020, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was Cameroon ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen catfish in the world?

The countries with the highest volumes of frozen catfish consumption in 2020 were Vietnam, Colombia and Thailand, with a combined 45% share of global consumption. These countries were followed by Saudi Arabia, Cote d'Ivoire, Cameroon, Denmark, Democratic Republic of the Congo, the U.S., Qatar, China, Russia and South Korea, which together accounted for a further 30%.

What are the largest producers of frozen catfish in the world?

Vietnam remains the largest frozen catfish producing country worldwide, accounting for 75% of total volume. Moreover, frozen catfish production in Vietnam exceeded the figures recorded by the second-largest producer, China, more than tenfold. The third position in this ranking was occupied by Thailand, with a 5.4% share.

What are the leading suppliers of frozen catfish to Norway?

In value terms, Vietnam constituted the largest supplier of frozen catfish to Norway, comprising 93% of total imports. The second position in the ranking was occupied by Cameroon $421), with a 3.2% share of total imports.

What are the leading importers of frozen catfish from Norway?

In value terms, Saudi Arabia, Colombia and China appeared to be the largest markets for frozen catfish exported from Norway worldwide, with a combined 93% share of total exports. These countries were followed by Germany, which accounted for a further 4.5%.

What is the average export price for frozen catfish in Norway?

The average frozen catfish export price stood at $1,613 per ton in 2014, declining by -33.4% against the previous year.

What is the average import price for frozen catfish in Norway?

The average frozen catfish import price stood at $3,227 per ton in 2020, growing by 7.5% against the previous year.

This report provides an in-depth analysis of the frozen catfish 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.

Product coverage:

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:

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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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
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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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023