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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

The Norwegian milk market contracted to $X in 2020, dropping by -X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the market value increased by X% against the previous year. Milk consumption peaked at $X in 2014; however, from 2015 to 2020, consumption failed to regain the momentum.

Milk Production in Norway

In value terms, milk production declined to $X in 2020 estimated in export prices. In general, production posted a notable expansion. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Milk production peaked at $X in 2018; however, from 2019 to 2020, production remained at a lower figure.

The average yield of milk in Norway amounted to X kg per head in 2020, flattening at the previous year's figure. Over the period under review, the yield recorded a relatively flat trend pattern.

The number of animals for milk production in Norway amounted to X head in 2020, remaining relatively unchanged against the previous year's figure. Overall, the number of producing animals continues to indicate a relatively flat trend pattern.

Milk Exports

Exports from Norway

In 2020, shipments abroad of milk increased by X% to X tonnes, rising for the second consecutive year after two years of decline. In general, total exports indicated a perceptible expansion from 2007 to 2020: its volume 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. Based on 2020 figures, exports increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Exports peaked at X tonnes in 2011; however, from 2012 to 2020, exports remained at a lower figure.

In value terms, milk exports stood at $X in 2020. Over the period under review, exports posted resilient growth. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Over the period under review, exports reached the maximum at $X in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

Exports by Country

Germany (X tonnes) was the main destination for milk exports from Norway, with 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 2020, the average annual rate of growth in terms of volume to Germany amounted to +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 2020, the average annual growth rate of value to Germany totaled +X%.

Export Prices by Country

The average milk export price stood at $X per tonne in 2020, therefore, remained relatively stable against the previous year. In general, export price indicated a mild expansion 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. Based on 2020 figures, milk export price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, average export prices reached the maximum at $X per tonne in 2014; however, from 2015 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Belgium ($X per tonne), while the average price for exports to Germany stood at $X per tonne.

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

Milk Imports

Imports into Norway

In 2020, after two years of growth, there was significant decline in overseas purchases of milk, when their volume decreased by -X% to X tonnes. Over the period under review, imports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2019 when imports increased by X% year-to-year. As a result, imports attained the peak of X tonnes, and then contracted significantly in the following year.

In value terms, milk imports declined rapidly to $X in 2020. In general, imports saw a abrupt slump. The growth pace was the most rapid in 2019 when imports increased by X% year-to-year. As a result, imports attained the peak of $X, and then dropped dramatically in the following year.

Imports by Country

In 2020, Germany (X tonnes) constituted the largest supplier of milk to Norway, with a X% share of total imports. Moreover, milk imports from Germany exceeded the figures recorded by the second-largest supplier, Sweden (X tonnes), twofold. The third position in this ranking was occupied by Denmark (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Germany stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+X% per year) and Denmark (-X% per year).

In value terms, Germany ($X) constituted the largest supplier of milk to Norway, comprising X% of total imports. The second position in the ranking was occupied by Denmark ($X), with a X% share of total imports. It was followed by Sweden, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Germany amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (-X% per year) and Sweden (-X% per year).

Import Prices by Country

In 2020, the average milk import price amounted to $X per tonne, falling by -X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2011 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2013; however, from 2014 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Germany ($X per tonne), while the price for Sweden ($X per tonne) was amongst the lowest.

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

Source: IndexBox 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 2020 were India (200M tonnes), the U.S. (118M tonnes) and Pakistan (59M tonnes), together accounting for 36% of global consumption. These countries were followed by Germany, Brazil, China, Russia, France, New Zealand, Turkey, Colombia, the Netherlands and the UK, 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 2020 were India (200M tonnes), the U.S. (118M tonnes) and Pakistan (59M tonnes), with a combined 36% share of global production. These countries were followed by Germany, Brazil, Russia, China, France, New Zealand, Turkey, Colombia, the UK and Poland, which together accounted for a further 31%.
What are the leading suppliers of milk to Norway?
+
In value terms, Germany ($77K) constituted the largest supplier of milk to Norway, comprising 68% of total imports. The second position in the ranking was occupied by Denmark ($21K), with a 19% share of total imports. It was followed by Sweden, with a 9.5% share.
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 90% of total exports. The second position in the ranking was occupied by Belgium ($338K), with a 9.2% share of total exports.
What is the average export price for milk in Norway?
+
The average milk export price stood at $1,213 per tonne in 2020, remaining relatively unchanged against the previous year.
What is the average import price for milk in Norway?
+
The average milk import price stood at $1,159 per tonne in 2020, waning by -16% 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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