Report Update Apr 1, 2024

Norway - Rice Bran - Market Analysis, Forecast, Size, Trends and Insights

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Norway: Rice Bran Market 2024

Rice Bran Market Size in Norway

The Norwegian rice bran market was finally on the rise to reach $X in 2022, after four years of decline. Over the period under review, consumption recorded a perceptible shrinkage. The growth pace was the most rapid in 2017 with an increase of X%. Rice bran consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Rice Bran Production in Norway

In value terms, rice bran production rose rapidly to $X in 2022 estimated in export price. Overall, production recorded a deep contraction. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Rice bran production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Rice Bran Exports

Exports from Norway

In 2022, after four years of growth, there was significant decline in overseas shipments of rice bran, when their volume decreased by X% to X tons. Over the period under review, exports, however, enjoyed a moderate increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, rice bran exports shrank notably to $X in 2022. Overall, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X tons) was the main destination for rice bran exports from Norway, with a X% share of total exports. Moreover, rice bran exports to Poland exceeded the volume sent to the second major destination, Denmark (X tons), sixfold.

From 2012 to 2022, the average annual growth rate of volume to Poland amounted to X%.

In value terms, Denmark ($X) and Poland ($X) constituted the largest markets for rice bran exported from Norway worldwide.

In terms of the main countries of destination, Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The average rice bran export price stood at $X per ton in 2022, declining by X% against the previous year. In general, the export price faced a deep setback. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Poland stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (X%), while the prices for the other major destinations experienced mixed trend patterns.

Rice Bran Imports

Imports into Norway

In 2022, purchases abroad of rice bran was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, rice bran imports shrank markedly to $X in 2022. Over the period under review, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Latvia (X tons) constituted the largest rice bran supplier to Norway, accounting for a X% share of total imports. Moreover, rice bran imports from Latvia exceeded the figures recorded by the second-largest supplier, Sweden (X tons), fourfold. The third position in this ranking was taken by Italy (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Latvia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (X% per year) and Italy (X% per year).

In value terms, Sweden ($X), Latvia ($X) and Italy ($X) were the largest rice bran suppliers to Norway, with a combined X% share of total imports.

Among the main suppliers, Italy, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average rice bran import price amounted to $X per ton, falling by X% against the previous year. Over the period under review, the import price showed a deep contraction. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton, and then shrank markedly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for rice bran in the world?

The countries with the highest volumes of consumption in 2023 were China, the United States and India, together comprising 33% of global consumption. Japan, Pakistan, Russia, Indonesia, Bangladesh, Brazil, Nigeria, Germany, Mexico and Turkey lagged somewhat behind, together accounting for a further 24%.

What are the largest producers of rice bran in the world?

The countries with the highest volumes of production in 2022 were China, the United States and India, with a combined 30% share of global production. Vietnam, Russia, Japan, Pakistan, Indonesia, Bangladesh, Germany, Brazil, Nigeria and Mexico lagged somewhat behind, together comprising a further 28%.

What are the leading suppliers of rice bran to Norway?

In value terms, the largest rice bran suppliers to Norway were Sweden, Latvia and Italy, with a combined 87% share of total imports.

What are the leading importers of rice bran from Norway?

In value terms, the largest markets for rice bran exported from Norway were Denmark and Poland.

What is the average export price for rice bran in Norway?

The average rice bran export price stood at $1,116 per ton in 2022, with a decrease of -6.9% against the previous year.

What is the average import price for rice bran in Norway?

The average rice bran import price stood at $536 per ton in 2022, with a decrease of -59.8% against the previous year.

This report provides an in-depth analysis of the rice bran 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 2030.

Product coverage:

Prodcom 10614030 - Bran, sharps and other residues from the sifting, milling or other working of rice

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023