Norway: Crispbread Market 2024

Crispbread Market Size in Norway

In 2021, the Norwegian crispbread market decreased by -29.5% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, consumption recorded a perceptible curtailment. Crispbread consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Crispbread Production in Norway

In value terms, crispbread production soared to $X in 2021 estimated in export price. In general, production, however, saw prominent growth. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Crispbread Exports

Exports from Norway

In 2021, overseas shipments of crispbread decreased by -7.1% to X tons, falling for the second year in a row after five years of growth. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 95% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, crispbread exports contracted to $X in 2021. In general, exports, however, recorded a significant increase. The growth pace was the most rapid in 2017 with an increase of 90%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for crispbread exports from Norway, accounting for a 43% share of total exports. Moreover, crispbread exports to the United States exceeded the volume sent to the second major destination, Denmark (X tons), threefold. The third position in this ranking was held by Sweden (X tons), with a 9.9% share.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +24.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+40.0% per year) and Sweden (+24.9% per year).

In value terms, the United States ($X) remains the key foreign market for crispbread exports from Norway, comprising 48% of total exports. The second position in the ranking was held by Denmark ($X), with a 17% share of total exports. It was followed by France, with a 9.9% share.

From 2012 to 2021, the average annual growth rate of value to the United States stood at +32.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+48.7% per year) and France (+203.9% per year).

Export Prices by Country

The average crispbread export price stood at $X per ton in 2021, with an increase of 3.8% against the previous year. Over the last nine years, it increased at an average annual rate of +3.9%. The pace of growth was the most pronounced in 2014 an increase of 32% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to continue growth in the near future.

Average prices varied somewhat for the major foreign markets. In 2021, the countries with the highest prices were the United States ($X per ton) and France ($X per ton), while the average price for exports to Germany ($X per ton) and Iceland ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Crispbread Imports

Imports into Norway

In 2021, overseas purchases of crispbread decreased by -4.1% to X tons for the first time since 2018, thus ending a two-year rising trend. The total import volume increased at an average annual rate of +1.5% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 10%. Over the period under review, imports attained the maximum at X tons in 2020, and then declined modestly in the following year.

In value terms, crispbread imports rose markedly to $X in 2021. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 17% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Sweden (X tons) constituted the largest supplier of crispbread to Norway, with a 87% share of total imports. Moreover, crispbread imports from Sweden exceeded the figures recorded by the second-largest supplier, Finland (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Sweden stood at +3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (-4.7% per year) and the UK (-10.2% per year).

In value terms, Sweden ($X) constituted the largest supplier of crispbread to Norway, comprising 84% of total imports. The second position in the ranking was taken by Finland ($X), with a 6.3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Sweden totaled +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (-7.4% per year) and the UK (-11.9% per year).

Import Prices by Country

The average crispbread import price stood at $X per ton in 2021, surging by 10% against the previous year. In general, the import price, however, showed a slight contraction. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Sweden ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (-1.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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