
Norway - Lemons and Limes - Market Analysis, Forecast, Size, Trends and Insights
Norway: Lemon And Lime Market 2023
Lemon And Lime Market Size in Norway
The Norwegian lemon and lime market shrank slightly to $X in 2021, approximately equating 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, the total consumption indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +7.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +12.8% against 2019 indices. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.
Lemon And Lime Exports
Exports from Norway
In 2021, overseas shipments of lemons and limes were finally on the rise to reach X tons for the first time since 2012, thus ending a eight-year declining trend. Overall, exports, however, showed a precipitous decline. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.
In value terms, lemon and lime exports surged to $X in 2021. In general, exports, however, recorded a dramatic slump. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.
Exports by Country
The Netherlands (X tons) was the main destination for lemon and lime exports from Norway, with a approx. 100% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to the Netherlands stood at -25.4%.
In value terms, the Netherlands ($X) also remains the key foreign market for lemon and lime exports from Norway.
From 2012 to 2021, the average annual rate of growth in terms of value to the Netherlands stood at -24.9%.
Export Prices by Country
The average lemon and lime export price stood at $X per ton in 2021, picking up by 4% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 25% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2012 to 2021, the rate of growth in terms of prices for the Netherlands amounted to +0.7% per year.
Lemon And Lime Imports
Imports into Norway
In 2021, approx. X tons of lemons and limes were imported into Norway; surging by 4.4% compared with the previous year's figure. In general, total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +66.5% against 2012 indices. The pace of growth was the most pronounced in 2016 when imports increased by 13% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in years to come.
In value terms, lemon and lime imports shrank to $X in 2021. Overall, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +7.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +13.6% against 2019 indices. The pace of growth appeared the most rapid in 2016 with an increase of 39%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.
Imports by Country
Spain (X tons), Brazil (X tons) and the Netherlands (X tons) were the main suppliers of lemon and lime imports to Norway, with a combined 73% share of total imports. These countries were followed by Argentina, Turkey, South Africa and Italy, which together accounted for a further 24%.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +31.0%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest lemon and lime suppliers to Norway were Spain ($X), Brazil ($X) and the Netherlands ($X), with a combined 72% share of total imports. South Africa, Argentina, Italy and Turkey lagged somewhat behind, together accounting for a further 23%.
Italy, with a CAGR of +35.4%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2021, the average lemon and lime import price amounted to $X per ton, waning by -6.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. The pace of growth appeared the most rapid in 2016 an increase of 23%. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the lemon and lime 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 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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