Norway: Grain Market 2025

Grain Market Size in Norway

The Norwegian grain market rose significantly to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Grain consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Grain Production in Norway

In value terms, grain production expanded modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a abrupt setback. 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 peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

The average yield of grain in Norway rose markedly to X tons per ha in 2022, surging by X% against 2021. Overall, the yield indicated a slight increase from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, grain yield decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, the average grain yield hit record highs at X tons per ha in 2015; however, from 2016 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of grain production in Norway contracted modestly to X ha, leveling off at the previous year's figure. Over the period under review, the harvested area showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The grain harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area stood at a somewhat lower figure.

Grain Exports

Exports from Norway

In 2022, shipments abroad of grain decreased by X% to X tons, falling for the fourth consecutive year after three years of growth. Over the period under review, exports, however, recorded a moderate increase. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, grain exports contracted markedly to $X in 2022. Overall, exports, however, enjoyed slight growth. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then dropped markedly in the following year.

Exports by Country

Sweden (X tons) was the main destination for grain exports from Norway, accounting for a X% share of total exports. Moreover, grain exports to Sweden exceeded the volume sent to the second major destination, Iceland (X tons), tenfold. The third position in this ranking was held by Finland (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Sweden stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iceland (X% per year) and Finland (X% per year).

In value terms, Sweden ($X) emerged as the key foreign market for grain exports from Norway, comprising X% of total exports. The second position in the ranking was taken by Iceland ($X), with a X% share of total exports. It was followed by Finland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Sweden amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iceland (X% per year) and Finland (X% per year).

Export Prices by Country

In 2022, the average grain export price amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the export price continues to indicate a pronounced slump. The growth pace was the most rapid in 2013 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

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 Nigeria ($X per ton), while the average price for exports to Sweden ($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 Nigeria (X%), while the prices for the other major destinations experienced mixed trend patterns.

Grain Imports

Imports into Norway

In 2022, purchases abroad of grain increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, imports, however, showed a pronounced curtailment. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, grain imports skyrocketed to $X in 2022. Over the period under review, imports, however, continue to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Poland (X tons), Sweden (X tons) and Germany (X tons) were the main suppliers of grain imports to Norway, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest grain suppliers to Norway were Poland ($X), Germany ($X) and Sweden ($X), together accounting for X% of total imports.

Poland, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average grain import price amounted to $X per ton, jumping by X% against the previous year. In general, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, grain import price increased by X% against 2020 indices. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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

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

Source: IndexBox Platform

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