Norway: Lemon and Lime Market Overview 2021

Lemon and Lime Market Size in Norway

The Norwegian lemon and lime 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). Over the period under review, consumption saw a prominent expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Lemon and Lime Exports

Exports from Norway

In 2020, shipments abroad of lemons and limes decreased by -X% to X kg, falling for the eighth year in a row after two years of growth. Over the period under review, exports showed a sharp slump. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Exports peaked at X tonnes in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, lemon and lime exports shrank rapidly to $X in 2020. in general, exports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Exports peaked at $X in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

Exports by Country

The Netherlands (X kg) was the main destination for lemon and lime exports from Norway, accounting for a X% share of total exports. It was followed by Russia (X kg), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to the Netherlands stood at -X%.

In value terms, the Netherlands ($X) remains the key foreign market for lemon and lime exports from Norway, comprising X% of total exports. The second position in the ranking was occupied by Russia ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to the Netherlands amounted to -X%.

Export Prices by Country

The average lemon and lime export price stood at $X per tonne in 2020, rising by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2010 when the average export price increased by X% y-o-y. As a result, export price attained the peak level of $X per tonne. from 2011 to 2020, the growth in terms of the average export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Russia ($X per tonne), while the average price for exports to the Netherlands totaled $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Russia.

Lemon and Lime Imports

Imports into Norway

In 2020, approx. X tonnes of lemons and limes were imported into Norway; rising by X% compared with 2019 figures. in general, imports showed a remarkable increase. The pace of growth was the most pronounced in 2009 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2020 and are likely to see steady growth in the near future.

In value terms, lemon and lime imports surged to $X in 2020. Overall, imports saw resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, Spain (X tonnes) constituted the largest lemon and lime supplier to Norway, with a X% share of total imports. Moreover, lemon and lime imports from Spain exceeded the figures recorded by the second-largest supplier, Brazil (X tonnes), twofold. Argentina (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 Spain totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and Argentina (+X% per year).

In value terms, Spain ($X), Brazil ($X) and Argentina ($X) constituted the largest lemon and lime suppliers to Norway, together accounting for X% of total imports. South Africa, Mexico, Italy and Turkey lagged somewhat behind, together accounting for a further X terms of the main suppliers, Italy saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average lemon and lime import price amounted to $X per tonne, with an increase of X% against the previous year. Over the period under review, import price indicated tangible growth from 2007 to 2020: its price increased 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. The growth pace was the most rapid in 2008 when the average import price increased by X% year-to-year. Over the period under review, average import prices attained the maximum in 2020 and is expected to retain growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per tonne), while the price for Turkey ($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 more modest paces of growth.

Source: IndexBox Platform