Norway: Mustard Seed Market Overview 2021

Mustard Seed Market Size in Norway

The Norwegian mustard seed market contracted to $X in 2019, declining 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). In general, consumption, however, showed a noticeable setback. The growth pace was the most rapid in 2016 when the market value increased by X% against the previous year. Over the period under review, the market reached the peak level at $X in 2009; however, from 2010 to 2019, consumption failed to regain the momentum.

Mustard Seed Exports

Exports from Norway

In 2019, overseas shipments of mustard seed decreased by -X% to X kg, falling for the fourth year in a row after four years of growth. Over the period under review, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2009 when exports increased by X% year-to-year. As a result, exports attained the peak of X tonnes. From 2010 to 2019, the growth exports failed to regain the momentum.

In value terms, mustard seed exports shrank sharply to $X in 2019. Overall, exports showed a abrupt descent. The pace of growth was the most pronounced in 2012 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at $X in 2009; however, from 2010 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Sweden (X kg), Germany (X kg) and Denmark (X kg) were the main destinations of mustard seed exports from Norway, together comprising X% of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden, while exports for the other leaders experienced a decline.

In value terms, Sweden ($X), Germany ($X) and Denmark ($X) were the largest markets for mustard seed exported from Norway worldwide, with a combined X% share of total exports.

Sweden saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average mustard seed export price stood at $X per tonne in 2019, reducing by -X% against the previous year. In general, the export price, however, saw a temperate expansion. The growth pace was the most rapid in 2014 an increase of X% against the previous year. The export price peaked at $X per tonne in 2015; however, from 2016 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 Sweden ($X per tonne), while the average price for exports to Germany ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced a decline.

Mustard Seed Imports

Imports into Norway

Mustard seed imports into Norway expanded to X tonnes in 2019, growing by X% against the previous year's figure. Overall, imports, however, recorded a perceptible descent. The growth pace was the most rapid in 2009 with an increase of X% y-o-y. As a result, imports attained the peak of X tonnes. From 2010 to 2019, the growth imports remained at a somewhat lower figure.

In value terms, mustard seed imports dropped to $X in 2019. Over the period under review, imports, however, continue to indicate a noticeable reduction. The growth pace was the most rapid in 2016 when imports increased by X% year-to-year. Imports peaked at $X in 2009; however, from 2010 to 2019, imports stood at a somewhat lower figure.

Imports by Country

Canada (X tonnes) and Germany (X tonnes) were the main suppliers of mustard seed imports to Norway, together accounting for X% of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Canada.

In value terms, Canada ($X) and Germany ($X) constituted the largest mustard seed suppliers to Norway, together accounting for X% of total imports.

Canada recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

The average mustard seed import price stood at $X per tonne in 2019, dropping by -X% against the previous year. Overall, the import price, however, continues to indicate modest growth. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% y-o-y. As a result, import price reached the peak level of $X per tonne. From 2009 to 2019, the growth in terms of the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2019, the country with the highest price was Germany ($X per tonne), while the price for Canada totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Germany.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for mustard seed in the world?

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The countries with the highest volumes of mustard seed consumption in 2019 were Nepal (234K tonnes), Russia (123K tonnes) and the U.S. (77K tonnes), with a combined 59% share of global consumption. These countries were followed by France, Myanmar, Germany, China, Canada, Poland, Ukraine and the Netherlands, which together accounted for a further 29%.

What are the largest producers of mustard seed in the world?

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The countries with the highest volumes of mustard seed production in 2019 were Nepal (210K tonnes), Russia (165K tonnes) and Canada (135K tonnes), with a combined 67% share of global production.

What are the leading suppliers of mustard seed to Norway?

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In value terms, Canada ($156K) and Germany ($141K) constituted the largest mustard seed suppliers to Norway, with a combined 90% share of total imports.

What are the leading importers of mustard seed from Norway?

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In value terms, the largest markets for mustard seed exported from Norway were Sweden ($640), Germany ($419) and Denmark ($54), together accounting for 98% of total exports.

What is the average export price for mustard seed in Norway?

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The average mustard seed export price stood at $1,805 per tonne in 2019, shrinking by -12.8% against the previous year.

What is the average import price for mustard seed in Norway?

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The average mustard seed import price stood at $1,169 per tonne in 2019, which is down by -14.4% against the previous year.