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Norway - Pyrethrum - Market Analysis, Forecast, Size, Trends and Insights
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Norway: Pyrethrum And Peppermint Market Overview 2021

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Pyrethrum And Peppermint Market Size in Norway

After two years of growth, the Norwegian pyrethrum and peppermint market decreased by -X% to $X in 2019. The market value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2018, and then reduced in the following year.

Pyrethrum And Peppermint Exports

Exports from Norway

In 2019, after three years of decline, there was significant growth in shipments abroad of pyrethrum and peppermint, when their volume increased by X% to X tonnes. Over the period under review, exports, however, recorded a noticeable contraction. The pace of growth was the most pronounced in 2011 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at X tonnes in 2012; however, from 2013 to 2019, exports failed to regain the momentum.

In value terms, pyrethrum and peppermint exports soared to $X in 2019. Overall, exports, however, recorded a perceptible decrease. Over the period under review, exports hit record highs at $X in 2008; however, from 2009 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Denmark (X kg), Austria (X kg) and Poland (X kg) were the main destinations of pyrethrum and peppermint exports from Norway, with a combined X% share of total exports.

From 2007 to 2019, the biggest increases were in Poland (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X) remains the key foreign market for pyrethrum and peppermint exports from Norway, comprising X% of total exports. The second position in the ranking was occupied by Denmark ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to Austria stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+X% per year) and the Netherlands (+X% per year).

Export Prices by Country

In 2019, the average pyrethrum and peppermint export price amounted to $X per tonne, growing by X% against the previous year. Overall, the export price saw mild growth. The pace of growth was the most pronounced in 2010 an increase of X% y-o-y. As a result, export price attained the peak level of $X per tonne. From 2011 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to Poland ($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 the Netherlands, while the prices for the other major destinations experienced a decline.

Pyrethrum And Peppermint Imports

Imports into Norway

In 2019, overseas purchases of pyrethrum and peppermint decreased by -X% to X tonnes for the first time since 2016, thus ending a two-year rising trend. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Imports peaked at X tonnes in 2015; however, from 2016 to 2019, imports failed to regain the momentum.

In value terms, pyrethrum and peppermint imports fell to $X in 2019. The total import 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 was the most pronounced in 2008 with an increase of X% year-to-year. Imports peaked at $X in 2018, and then fell in the following year.

Imports by Country

Spain (X tonnes), Thailand (X tonnes) and Turkey (X tonnes) were the main suppliers of pyrethrum and peppermint imports to Norway, together accounting for X% of total imports. Denmark, Israel, Kenya, Germany, Ethiopia, India, Morocco, Belgium, Egypt and Cambodia lagged somewhat behind, together accounting for a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ethiopia (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Spain ($X) and Denmark ($X) appeared to be the largest pyrethrum and peppermint suppliers to Norway, together comprising X% of total imports. These countries were followed by Turkey, Israel, Kenya, Germany, India, Ethiopia, Belgium, Egypt, Morocco and Cambodia, which together accounted for a further X (+X% per year) recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average pyrethrum and peppermint import price stood at $X per tonne in 2019, with a decrease of -X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. The import price peaked at $X per tonne in 2017; however, from 2018 to 2019, import prices failed to regain the momentum.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Denmark, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pyrethrum and peppermint in the world?
+
The countries with the highest volumes of pyrethrum and peppermint consumption in 2019 were China (107K tonnes), the U.S. (69K tonnes) and Germany (46K tonnes), together accounting for 30% of global consumption. India, Morocco, Japan, South Korea, Taiwan (Chinese), Egypt, Hong Kong SAR, Nigeria, Kazakhstan and the UK lagged somewhat behind, together comprising a further 34%.
What are the largest producers of pyrethrum and peppermint in the world?
+
China (206K tonnes) remains the largest pyrethrum and peppermint producing country worldwide, accounting for 28% of total volume. Moreover, pyrethrum and peppermint production in China exceeded the figures recorded by the second-largest producer, Morocco (67K tonnes), threefold. India (65K tonnes) ranked third in terms of total production with a 9% share.
What are the leading suppliers of pyrethrum and peppermint to Norway?
+
In value terms, the largest pyrethrum and peppermint suppliers to Norway were Thailand ($788K), Spain ($687K) and Denmark ($399K), with a combined 40% share of total imports. These countries were followed by Turkey, Israel, Kenya, Germany, India, Ethiopia, Belgium, Egypt, Morocco and Cambodia, which together accounted for a further 35%.
What are the leading importers of pyrethrum and peppermint from Norway?
+
In value terms, Austria ($17K) remains the key foreign market for pyrethrum and peppermint exports from Norway, comprising 73% of total exports. The second position in the ranking was occupied by Denmark ($3.8K), with a 16% share of total exports. It was followed by the Netherlands, with a 7.1% share.
What is the average export price for pyrethrum and peppermint in Norway?
+
In 2019, the average pyrethrum and peppermint export price amounted to $11,442 per tonne, increasing by 27% against the previous year.
What is the average import price for pyrethrum and peppermint in Norway?
+
The average pyrethrum and peppermint import price stood at $9,120 per tonne in 2019, shrinking by -6.5% against the previous year.

Product coverage:
• FCL 754 - Pyrethrum, dried flowers
• FCL 748 - Peppermint, Spearmint

This report provides an in-depth analysis of the pyrethrum and peppermint 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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
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:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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