Norway - Frozen Fruits - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Fruit Price in Norway - 2023
Contents:
- Frozen Fruit Price in Norway (CIF) - 2023
- Frozen Fruit Price in Norway (FOB) - 2022
- Frozen Fruit Imports in Norway
- Frozen Fruit Exports in Norway
Frozen Fruit Price in Norway (CIF) - 2023
In August 2023, the average frozen fruit import price amounted to $3,196 per ton, falling by -6% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in December 2022 an increase of 11% m-o-m. Over the period under review, average import prices reached the maximum at $3,584 per ton in January 2023; however, from February 2023 to August 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Serbia ($6,668 per ton), while the price for Egypt ($1,362 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Denmark (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Fruit Price in Norway (FOB) - 2022
The average frozen fruit export price stood at $3,965 per ton in 2021, with an increase of 17% against the previous year. Over the period under review, the export price, however, showed a perceptible setback. The pace of growth appeared the most rapid in 2018 when the average export price increased by 28%. The export price peaked at $5,604 per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Spain ($7,984 per ton), while the average price for exports to Sweden ($3,809 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+36.5%), while the prices for the other major destinations experienced a decline.
Frozen Fruit Imports in Norway
In 2022, purchases abroad of frozen fruits decreased by -4.6% to 16K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 14% against the previous year. As a result, imports attained the peak of 17K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, frozen fruit imports dropped modestly to $53M in 2022. The total import value increased at an average annual rate of +8.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 16%.
Import of Frozen Fruit in Norway (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Poland | 19.3 | 21.7 | 23.4 | 10.1% | |
Sweden | 6.5 | 5.4 | 5.5 | -8.0% | |
Serbia | 2.5 | 3.7 | 5.4 | 47.0% | |
Lithuania | 2.7 | 3.2 | 4.8 | 33.3% | |
Belgium | 1.6 | 2.0 | 2.5 | 25.0% | |
Peru | 1.1 | 1.7 | 1.7 | 24.3% | |
Denmark | 1.1 | 1.6 | 1.4 | 12.8% | |
Finland | 0.3 | 0.6 | 1.1 | 91.5% | |
Morocco | 0.6 | 0.8 | 0.7 | 8.0% | |
Egypt | 0.3 | 0.6 | 0.6 | 41.4% | |
Costa Rica | 0.3 | 0.4 | 0.6 | 41.4% | |
China | 1.0 | 1.4 | 0.5 | -29.3% | |
Ecuador | 0.4 | 0.4 | 0.4 | 0.0% | |
Others | 4.1 | 4.9 | 5.6 | 16.9% | |
Total | 41.7 | 48.5 | 54.3 | 14.1% |
Top Suppliers of Frozen Fruit to Norway in 2022:
- Poland (8.2K tons)
- Sweden (1.3K tons)
- Serbia (1.2K tons)
- Lithuania (1.2K tons)
- Belgium (0.8K tons)
- Denmark (0.6K tons)
- Peru (0.6K tons)
- Egypt (0.4K tons)
- Ecuador (0.4K tons)
- Finland (0.3K tons)
- Costa Rica (0.3K tons)
- Morocco (0.3K tons)
- China (0.3K tons)
Frozen Fruit Exports in Norway
In 2022, approx. 480 tons of frozen fruits were exported from Norway; with a decrease of -17% compared with the previous year. The total export volume increased at an average annual rate of +2.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 40% against the previous year. As a result, the exports attained the peak of 578 tons, and then reduced markedly in the following year.
In value terms, frozen fruit exports shrank notably to $1.5M in 2022. Overall, exports showed a mild slump. The growth pace was the most rapid in 2021 when exports increased by 65% against the previous year. As a result, the exports reached the peak of $2.3M, and then reduced remarkably in the following year.
Export of Frozen Fruit in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Sweden | 1,379 | 1,320 | 2,072 | 22.6% | |
China | 52.1 | N/A | 85.9 | 28.4% | |
Spain | 39.4 | 60.2 | 74.3 | 37.3% | |
United States | 0.1 | N/A | 50.6 | 2149.4% | |
Others | 74.4 | 12.9 | 9.8 | -63.7% | |
Total | 1,545 | 1,393 | 2,293 | 21.8% |
Top Export Markets for Frozen Fruit from Norway in 2022:
- Sweden (544.0 tons)
- United States (11.1 tons)
- China (10.9 tons)
- Spain (9.3 tons)
This report provides an in-depth analysis of the frozen fruit 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 10392100 - Frozen fruit and nuts uncooked or cooked by steaming or boiling in water
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Global frozen fruit trade expanded to $7.1B in 2021.
Global frozen fruit imports continue to grow in physical terms, expanding twofold over the past decade. In 2020, global imports rose by +3% y-o-y to 2.7M tons. In value terms, imports reached $5.8B last year. The U.S. and Germany remain the largest importers of frozen fruits worldwide, with a combined 34%-share of the global figure. The U.S. featured the highest growth rate of imports in physical terms in 2020. The average global frozen fruit import price amounted to $2,121 per ton in 2020, increasing by +8.2% y-o-y.
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