Norway: Beef Market 2025

Beef Market Size in Norway

After three years of decline, the Norwegian beef market increased by 20% to $X in 2021. Overall, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Beef Production in Norway

In value terms, beef production surged to $X in 2021 estimated in export price. In general, production, however, recorded a slight decline. The pace of growth appeared the most rapid in 2013 with an increase of 36% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

The average yield of beef (cattle meat) in Norway was estimated at X kg per head in 2021, standing approx. at the year before. The yield figure increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 when the yield increased by 3.4% against the previous year. Over the period under review, the average beef yield attained the peak level in 2021 and is likely to see steady growth in the immediate term.

The number of animals slaughtered for beef production in Norway was estimated at X heads in 2021, almost unchanged from 2020 figures. Over the period under review, the number of producing animals showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 7.4%. As a result, the amount of animals produced reached the peak level of X heads. From 2019 to 2021, the growth of this number remained at a somewhat lower figure.

Beef Exports

Exports from Norway

In 2021, overseas shipments of beef (cattle meat) were finally on the rise to reach X tons for the first time since 2014, thus ending a six-year declining trend. Over the period under review, exports, however, continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2014 when exports increased by 66%. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, beef exports surged to $X in 2021. In general, exports, however, recorded a abrupt decline. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Poland (X tons), Lithuania (X tons) and Ireland (X tons) were the main destinations of beef exports from Norway, together comprising 85% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +190.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for beef exported from Norway were Poland ($X), Lithuania ($X) and Ireland ($X), together accounting for 89% of total exports.

In terms of the main countries of destination, Poland, with a CAGR of +152.2%, saw 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 2021, the average beef export price amounted to $X per ton, increasing by 42% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Namibia ($X 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 Hong Kong SAR (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.

Beef Imports

Imports into Norway

In 2021, supplies from abroad of beef (cattle meat) increased by 30% to X tons, rising for the second consecutive year after four years of decline. In general, imports enjoyed moderate growth. The pace of growth appeared the most rapid in 2015 with an increase of 94% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, beef imports soared to $X in 2021. Over the period under review, imports, however, showed a relatively flat trend pattern. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of beef to Norway, with a 35% share of total imports. Moreover, beef imports from Germany exceeded the figures recorded by the second-largest supplier, Namibia (X tons), fourfold. Botswana (X tons) ranked third in terms of total imports with a 5.7% share.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled -4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Namibia (-3.7% per year) and Botswana (+14.5% per year).

In value terms, Germany ($X), Namibia ($X) and Botswana ($X) appeared to be the largest beef suppliers to Norway, with a combined 52% share of total imports.

Botswana, with a CAGR of +13.8%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average beef import price amounted to $X per ton, surging by 5% against the previous year. In general, the import price, however, continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2018 an increase of 21% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Namibia ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Botswana (-0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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