Norway: Cheese Market 2025

Cheese Market Size in Norway

The Norwegian cheese market expanded significantly to $X in 2021, growing by 14% against the previous year. The market value increased at an average annual rate of +2.2% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Cheese Production in Norway

In value terms, cheese production rose notably to $X in 2021 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. Cheese production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Cheese Exports

Exports from Norway

In 2021, cheese exports from Norway shrank significantly to X tons, falling by -40.9% compared with the previous year. In general, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2013 with an increase of 5.2% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, cheese exports shrank dramatically to $X in 2021. Over the period under review, exports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2013 when exports increased by 4.3%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for cheese exports from Norway, accounting for a 56% share of total exports. Moreover, cheese exports to the United States exceeded the volume sent to the second major destination, Sweden (X tons), fivefold. The third position in this ranking was held by Germany (X tons), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at -9.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-3.7% per year) and Germany (+1.7% per year).

In value terms, the United States ($X) remains the key foreign market for cheese exports from Norway, comprising 56% of total exports. The second position in the ranking was taken by Germany ($X), with a 12% share of total exports. It was followed by Sweden, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to -9.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+1.7% per year) and Sweden (-3.6% per year).

Export Prices by Country

The average cheese export price stood at $X per ton in 2021, increasing by 7.9% against the previous year. Over the period under review, 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 failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Denmark ($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 Russia (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Cheese Imports

Imports into Norway

For the tenth consecutive year, Norway recorded growth in supplies from abroad of cheese, which increased by 12% to X tons in 2021. In general, total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +73.5% against 2012 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, cheese imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +4.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Denmark (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of cheese imports to Norway, together comprising 69% of total imports. These countries were followed by France, the Netherlands, Ireland and the UK, which together accounted for a further 22%.

From 2012 to 2021, the biggest increases were recorded for Ireland (with a CAGR of +87.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Italy ($X) and France ($X) were the largest cheese suppliers to Norway, together accounting for 72% of total imports. Germany, the Netherlands, Ireland and the UK lagged somewhat behind, together accounting for a further 17%.

In terms of the main suppliers, Ireland, with a CAGR of +74.9%, 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 cheese import price stood at $X per ton in 2021, increasing by 6.4% against the previous year. Over the period under review, the import price, however, continues to indicate a mild descent. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+1.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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