Latest Report Update: Nov 16, 2021

Norway - Lamb And Sheep Meat - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service, Privacy Policy and Licenses. We'll occasionally send you account related emails.

Norway: Overview of the Market for Lamb and Sheep Meat 2021

Market Size for Lamb and Sheep Meat in Norway

In 2020, after two years of growth, there was significant decline in the Norwegian lamb and sheep meat market, when its value decreased by -X% to $X. Overall, the total consumption indicated a tangible expansion from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2015 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X. from 2016 to 2020, the growth of the market remained at a somewhat lower figure.

Production of Lamb and Sheep Meat in Norway

In value terms, lamb and sheep meat production dropped significantly to $X in 2020 estimated in export prices. Overall, production saw a buoyant expansion. The pace of growth appeared the most rapid in 2015 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. from 2016 to 2020, production growth remained at a somewhat lower figure.

In 2020, the average lamb and sheep meat yield in Norway amounted to X kg per head, approximately mirroring 2019. In general, the yield saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the yield increased by X% against the previous year. Over the period under review, the average lamb and sheep meat yield attained the maximum level at X kg per head in 2015; however, from 2016 to 2020, the yield failed to regain the momentum.

In 2020, approx. X heads of animals slaughtered for lamb and sheep meat production in Norway; therefore, remained relatively stable against the previous year. Over the period under review, the number of producing animals showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. As a result, the amount of producing animals reached the peak level of X heads. from 2018 to 2020, the growth of this number failed to regain the momentum.

Exports of Lamb and Sheep Meat

Exports from Norway

In 2020, overseas shipments of lamb and sheep meat were finally on the rise to reach X tonnes after two years of decline. Over the period under review, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X% year-to-year. Exports peaked in 2020 and are likely to continue growth in years to come.

In value terms, lamb and sheep meat exports surged to $X in 2020. Overall, exports recorded a significant expansion. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, exports reached the maximum in 2020 and are expected to retain growth in years to come.

Exports by Country

Oman (X tonnes), the UK (X tonnes) and Sweden (X tonnes) were the main destinations of lamb and sheep meat exports from Norway, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for lamb and sheep meat exported from Norway were Oman ($X), the UK ($X) and Sweden ($X), together accounting for X% of total exports.

Among the main countries of destination, the UK (+X% per year) saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average lamb and sheep meat export price amounted to $X per tonne, dropping by -X% against the previous year. In general, the export price, however, continues to indicate a prominent expansion. The growth pace was the most rapid in 2009 when the average export price increased by X% against the previous year. Over the period under review, average export prices reached the peak figure at $X per tonne in 2013; however, from 2014 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Denmark ($X per tonne), while the average price for exports to the UK ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Denmark, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lamb and Sheep Meat

Imports into Norway

In 2020, the amount of lamb and sheep meat imported into Norway contracted remarkably to X tonnes, reducing by -X% against the year before. Overall, imports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2018 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum at X tonnes in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, lamb and sheep meat imports declined dramatically to $X in 2020. Over the period under review, imports recorded a drastic downturn. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, New Zealand (X tonnes) constituted the largest supplier of lamb and sheep meat to Norway, with a X% share of total imports. Moreover, lamb and sheep meat imports from New Zealand exceeded the figures recorded by the second-largest supplier, Iceland (X tonnes), threefold. The UK (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from New Zealand amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Iceland (-X% per year) and the UK (-X% per year).

In value terms, New Zealand ($X) constituted the largest supplier of lamb and sheep meat to Norway, comprising X% of total imports. The second position in the ranking was occupied by Iceland ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2007 to 2020, the average annual growth rate of value from New Zealand totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Iceland (-X% per year) and the UK (-X% per year).

Import Prices by Country

The average lamb and sheep meat import price stood at $X per tonne in 2020, with an increase of X% against the previous year. Overall, import price indicated a strong increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2009 when the average import price increased by X% year-to-year. Over the period under review, average import prices hit record highs in 2020 and is expected to retain growth in the immediate term.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by New Zealand, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lamb and sheep meat in the world?
+
The country with the largest volume of lamb and sheep meat consumption was China (2.9M tonnes), accounting for 29% of total volume. Moreover, lamb and sheep meat consumption in China exceeded the figures recorded by the second-largest consumer, Turkey (400K tonnes), sevenfold. The third position in this ranking was occupied by Sudan (392K tonnes), with a 3.9% share.
What are the largest producers of lamb and sheep meat in the world?
+
China (2.5M tonnes) constituted the country with the largest volume of lamb and sheep meat production, accounting for 25% of total volume. Moreover, lamb and sheep meat production in China exceeded the figures recorded by the second-largest producer, Australia (736K tonnes), threefold. New Zealand (440K tonnes) ranked third in terms of total production with a 4.4% share.
What are the leading suppliers of lamb and sheep meat to Norway?
+
In value terms, New Zealand ($2.6M) constituted the largest supplier of lamb and sheep meat to Norway, comprising 74% of total imports. The second position in the ranking was occupied by Iceland ($292K), with a 8.3% share of total imports. It was followed by the UK, with a 6.1% share.
What are the leading importers of lamb and sheep meat from Norway?
+
In value terms, the largest markets for lamb and sheep meat exported from Norway were Oman ($618K), the UK ($346K) and Sweden ($97K), together comprising 95% of total exports.
What is the average export price for lamb and sheep meat in Norway?
+
The average lamb and sheep meat export price stood at $4,182 per tonne in 2020, shrinking by -22.8% against the previous year.
What is the average import price for lamb and sheep meat in Norway?
+
In 2020, the average lamb and sheep meat import price amounted to $10,455 per tonne, jumping by 17% against the previous year.

Product coverage:
• FCL 977 - Meat of sheep

This report provides an in-depth analysis of the market for lamb and sheep meat 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

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, PRODUCING ANIMALS 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:
Producing Animals Slaughtered, 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
Biodiesel Market: Getting to Net-Zero amid Energy Crisis

Join our live webinar to get insights into the global biodiesel market.



Monday, December 20th, 2021 @ 04:00 pm ET


Register
Biogas Market: Getting to Net-Zero amid Energy Crisis

Join our live webinar to get insights into the global biogas market.



Thursday, November 18th, 2021 @ 04:00 pm ET

Webinar: Global Animal Feed Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global animal feed market.



Thursday, February 11th, 2021 @ 04:00 pm ET

Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data