Norway: Market for Chocolate Bars with Cereals, Fruit or Nuts 2025

Market Size for Chocolate Bars with Cereals, Fruit or Nuts in Norway

The Norwegian market for chocolate bars with cereals, fruit or nuts reduced sharply to $X in 2022, with a decrease of -17.6% against the previous year. In general, the total consumption indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +1.9% against 2020 indices. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Chocolate Bars with Cereals, Fruit or Nuts in Norway

In value terms, production of chocolate bars with cereals, fruit or nuts dropped markedly to $X in 2022 estimated in export price. Overall, production, however, posted a modest expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by 168%. Production of peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Chocolate Bars with Cereals, Fruit or Nuts

Exports from Norway

In 2022, shipments abroad of chocolate bars with cereals, fruit or nuts was finally on the rise to reach X tons after two years of decline. In general, total exports indicated a pronounced increase from 2012 to 2022: its volume increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of chocolate bars with cereals, fruit or nuts soared to $X in 2022. Over the period under review, total exports indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of 52%. Over the period under review, the exports of hit record highs at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), Sweden (X tons) and Estonia (X tons) were the main destinations of exports of chocolate bars with cereals, fruit or nuts from Norway, with a combined 95% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +136.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cereal, fruit or nut chocolate bar exported from Norway were Germany ($X), Sweden ($X) and Estonia ($X), with a combined 95% share of total exports.

Among the main countries of destination, Germany, with a CAGR of +119.9%, 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 2022, the average export price for chocolate bars with cereals, fruit or nuts amounted to $X per ton, shrinking by -7.8% against the previous year. Overall, the export price showed a perceptible decrease. The pace of growth appeared the most rapid in 2021 when the average export price increased by 15% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat 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 Denmark ($X per ton), while the average price for exports to France ($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 Denmark (+3.5%), while the prices for the other major destinations experienced a decline.

Imports of Chocolate Bars with Cereals, Fruit or Nuts

Imports into Norway

In 2022, overseas purchases of chocolate bars with cereals, fruit or nuts decreased by -7.2% to X tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by 31%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of chocolate bars with cereals, fruit or nuts contracted to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by 29% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

Sweden (X tons), France (X tons) and Germany (X tons) were the main suppliers of imports of chocolate bars with cereals, fruit or nuts to Norway, together comprising 75% of total imports. Belgium, Spain, the Netherlands, Switzerland, Poland, Hungary, Italy, the UK and Austria lagged somewhat behind, together accounting for a further 22%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +127.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cereal, fruit or nut chocolate bar suppliers to Norway were Sweden ($X), Germany ($X) and France ($X), with a combined 63% share of total imports. Switzerland, Belgium, Italy, Poland, Spain, the UK, the Netherlands, Hungary and Austria lagged somewhat behind, together accounting for a further 30%.

Hungary, with a CAGR of +84.5%, 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

The average import price for chocolate bars with cereals, fruit or nuts stood at $X per ton in 2022, approximately equating the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 16%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 the UK ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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