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Norway - Milk - Market Analysis, Forecast, Size, Trends and Insights
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Norway: Milk Market Overview 2021

Milk Market Size in Norway

After two years of growth, the Norwegian milk market decreased by -X% to $X in 2019. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the market value increased by X% y-o-y. Milk consumption peaked at $X in 2014; however, from 2015 to 2019, consumption stood at a somewhat lower figure.

Milk Production in Norway

In value terms, milk production reduced to $X in 2019 estimated in export prices. Overall, the total production indicated a measured increase from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. Milk production peaked at $X in 2014; however, from 2015 to 2019, production stood at a somewhat lower figure.

In 2019, the average milk yield in Norway declined markedly to X tonnes per head, which is down by -X% on 2018. Over the period under review, the yield saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 with an increase of X% y-o-y. Over the period under review, the average milk yield reached the peak level at X tonnes per head in 2018, and then fell remarkably in the following year.

In 2019, number of producing animals of milk in Norway surged to X heads, with an increase of X% against 2018. Overall, the number of producing animals continues to indicate a relatively flat trend pattern. As a result, the number of animals produced reached the peak level and is likely to continue growth in the immediate term.

Milk Exports

Exports from Norway

In 2019, overseas shipments of milk increased by X% to X tonnes for the first time since 2016, thus ending a two-year declining trend. In general, total exports indicated a perceptible expansion from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2010 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum at X tonnes in 2011; however, from 2012 to 2019, exports remained at a lower figure.

In value terms, milk exports rose significantly to $X in 2019. Over the period under review, exports saw a resilient increase. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. Exports peaked at $X in 2014; however, from 2015 to 2019, exports remained at a lower figure.

Exports by Country

Germany (X tonnes) was the main destination for milk exports from Norway, accounting for a X% share of total exports. Moreover, milk exports to Germany exceeded the volume sent to the second major destination, Belgium (X tonnes), more than tenfold.

From 2007 to 2019, the average annual rate of growth in terms of volume to Germany stood at +X%.

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

From 2007 to 2019, the average annual rate of growth in terms of value to Germany amounted to +X%.

Export Prices by Country

In 2019, the average milk export price amounted to $X per tonne, increasing by X% against the previous year. Over the period under review, export price indicated temperate growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, milk export price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2014; however, from 2015 to 2019, export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2019, the country with the highest price was Belgium ($X per tonne), while the average price for exports to Germany amounted to $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Germany.

Milk Imports

Imports into Norway

In 2019, the amount of milk imported into Norway expanded slightly to X tonnes, with an increase of X% on the year before. In general, imports enjoyed a notable increase. The most prominent rate of growth was recorded in 2009 when imports increased by X% y-o-y. Imports peaked in 2019 and are likely to see gradual growth in years to come.

In value terms, milk imports expanded slightly to $X in 2019. Overall, imports saw a measured increase. The pace of growth appeared the most rapid in 2009 when imports increased by X% against the previous year. Imports peaked in 2019 and are expected to retain growth in the near future.

Imports by Country

The Netherlands (X tonnes), Austria (X tonnes) and Germany (X tonnes) were the main suppliers of milk imports to Norway, with a combined X% share of total imports. These countries were followed by Sweden and Denmark, which together accounted for a further X 2007 to 2019, the biggest increases were in Sweden (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Austria ($X) and Germany ($X) were the largest milk suppliers to Norway, with a combined X% share of total imports. These countries were followed by Sweden and Denmark, which together accounted for a further X the main suppliers, Sweden (+X% per year) recorded 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 2019, the average milk import price amounted to $X per tonne, almost unchanged from the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2011 an increase of X% against the previous year. The import price peaked at $X per tonne in 2013; however, from 2014 to 2019, import prices failed to regain the momentum.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for milk in the world?
+
The countries with the highest volumes of milk consumption in 2019 were India (190M tonnes), the U.S. (117M tonnes) and Pakistan (56M tonnes), with a combined 36% share of global consumption. These countries were followed by Germany, China, Brazil, Russia, France, Turkey, New Zealand, Colombia, the UK and the Netherlands, which together accounted for a further 31%.
What are the largest producers of milk in the world?
+
The countries with the highest volumes of milk production in 2019 were India (190M tonnes), the U.S. (117M tonnes) and Pakistan (56M tonnes), together comprising 36% of global production. Germany, Brazil, China, Russia, France, Turkey, New Zealand, Colombia, the UK and Poland lagged somewhat behind, together comprising a further 31%.
What are the leading suppliers of milk to Norway?
+
In value terms, the Netherlands ($453K), Austria ($290K) and Germany ($92K) constituted the largest milk suppliers to Norway, together accounting for 82% of total imports. Sweden and Denmark lagged somewhat behind, together accounting for a further 14%.
What are the leading importers of milk from Norway?
+
In value terms, Germany ($3.3M) remains the key foreign market for milk exports from Norway, comprising 92% of total exports. The second position in the ranking was occupied by Belgium ($221K), with a 6.1% share of total exports.
What is the average export price for milk in Norway?
+
The average milk export price stood at $1,208 per tonne in 2019, increasing by 3.1% against the previous year.
What is the average import price for milk in Norway?
+
In 2019, the average milk import price amounted to $1,325 per tonne, remaining constant against the previous year.

Product coverage:
• FCL 1130 - Camel milk
• FCL 882 - Cow milk, whole (fresh)
• FCL 1020 - Goat milk
• FCL 982 - Sheep milk
• FCL 951 - Buffalo milk
• FCL 888 - Skim Milk of Cows

This report provides an in-depth analysis of the milk 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.


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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 2025
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

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