Norway: Market for Lucerne (Alfalfa) Meal And Pellets 2025

Market Size for Lucerne (Alfalfa) Meal And Pellets in Norway

In 2021, the Norwegian lucerne meal and pellets market decreased by -46.2% to $X, falling for the second year in a row after three years of growth. Overall, consumption saw a deep contraction. Lucerne meal and pellets consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Lucerne (Alfalfa) Meal And Pellets in Norway

In value terms, lucerne meal and pellets production fell remarkably to $X in 2021 estimated in export price. Overall, production showed a deep downturn. The pace of growth appeared the most rapid in 2015 with an increase of 18% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Lucerne (Alfalfa) Meal And Pellets

Exports from Norway

For the fourth consecutive year, Norway recorded decline in shipments abroad of lucerne (alfalfa) meal and pellets, which decreased by -36.1% to X tons in 2021. Over the period under review, exports showed a drastic downturn. The growth pace was the most rapid in 2015 when exports increased by 127% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, lucerne meal and pellets exports dropped remarkably to $X in 2021. In general, exports faced a abrupt slump. The growth pace was the most rapid in 2017 when exports increased by 294%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Sweden (X tons) was the main destination for lucerne meal and pellets exports from Norway, with a approx. 99% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Sweden totaled -1.2%.

In value terms, Sweden ($X) also remains the key foreign market for lucerne (alfalfa) meal and pellets exports from Norway.

From 2012 to 2021, the average annual rate of growth in terms of value to Sweden stood at +6.5%.

Export Prices by Country

In 2021, the average lucerne meal and pellets export price amounted to $X per ton, which is down by -10.6% against the previous year. Overall, export price indicated a pronounced expansion from 2012 to 2021: its price increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, lucerne meal and pellets export price decreased by -32.6% against 2017 indices. The pace of growth appeared the most rapid in 2017 an increase of 77%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Sweden.

From 2012 to 2021, the rate of growth in terms of prices for Sweden amounted to +7.8% per year.

Imports of Lucerne (Alfalfa) Meal And Pellets

Imports into Norway

In 2021, the amount of lucerne (alfalfa) meal and pellets imported into Norway dropped rapidly to X tons, waning by -22.6% against 2020. Overall, imports continue to indicate a slight descent. The pace of growth was the most pronounced in 2018 with an increase of 479%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, lucerne meal and pellets imports declined remarkably to $X in 2021. In general, imports saw a mild decline. The pace of growth was the most pronounced in 2018 when imports increased by 234% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, France (X tons) constituted the largest lucerne meal and pellets supplier to Norway, accounting for a 46% share of total imports. Moreover, lucerne meal and pellets imports from France exceeded the figures recorded by the second-largest supplier, Denmark (X tons), threefold. Spain (X tons) ranked third in terms of total imports with an 8.2% share.

From 2012 to 2021, the average annual growth rate of volume from France stood at -6.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (-4.0% per year) and Spain (+14.2% per year).

In value terms, the largest lucerne meal and pellets suppliers to Norway were France ($X), Denmark ($X) and Spain ($X), together accounting for 69% of total imports. These countries were followed by the Netherlands and Italy, which together accounted for a further 8%.

In terms of the main suppliers, the Netherlands, with a CAGR of +22.0%, saw the highest rates of growth with regard to 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

In 2021, the average lucerne meal and pellets import price amounted to $X per ton, rising by 5.7% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 55% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2017; however, from 2018 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 the Netherlands ($X per ton), while the price for Spain ($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 Netherlands (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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