Norway: Root And Tuber Market 2024

Root And Tuber Market Size in Norway

The Norwegian root and tuber market was estimated at $X in 2022, remaining stable against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Root And Tuber Production in Norway

In value terms, root and tuber production expanded remarkably to $X in 2022 estimated in export price. Over the period under review, production, however, showed a resilient increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

In 2022, the average yield of roots and tubers in Norway fell modestly to X tons per ha, approximately reflecting the year before. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when the yield increased by X%. Over the period under review, the average root and tuber yield reached the maximum level at X tons per ha in 2021, and then dropped in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the root and tuber harvested area in Norway contracted slightly to X ha, remaining stable against the previous year's figure. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the harvested area dedicated to root and tuber production attained the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Root And Tuber Exports

Exports from Norway

Root and tuber exports from Norway soared to X tons in 2022, picking up by X% on the year before. In general, exports, however, showed a precipitous contraction. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, root and tuber exports shrank significantly to $X in 2022. Over the period under review, exports, however, saw a sharp decrease. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

France (X tons) was the main destination for root and tuber exports from Norway, with a X% share of total exports. Moreover, root and tuber exports to France exceeded the volume sent to the second major destination, Belgium (X tons), fourfold. Estonia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Estonia (X% per year).

In value terms, Belgium ($X), France ($X) and Russia ($X) appeared to be the largest markets for root and tuber exported from Norway worldwide, with a combined X% share of total exports.

Among the main countries of destination, Russia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average root and tuber export price amounted to $X per ton, falling by X% against the previous year. Over the period under review, the export price continues to indicate a perceptible decline. The pace of growth was the most pronounced in 2020 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average 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 Russia ($X per ton), while the average price for exports to Estonia ($X per ton) was amongst the lowest.

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

Root And Tuber Imports

Imports into Norway

Root and tuber imports into Norway shrank rapidly to X tons in 2022, with a decrease of X% on the year before. In general, imports continue to indicate a deep slump. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, root and tuber imports contracted sharply to $X in 2022. Overall, imports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Israel (X tons), France (X tons) and Denmark (X tons) were the main suppliers of root and tuber imports to Norway, together accounting for X% of total imports. The UK, Belgium, Egypt, the United States and Sweden lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Egypt (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Israel ($X) and Egypt ($X) were the largest root and tuber suppliers to Norway, with a combined X% share of total imports.

In terms of the main suppliers, Egypt, with a CAGR of X%, saw 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

The average root and tuber import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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