Report Update Feb 1, 2025

Norway - Millet - Market Analysis, Forecast, Size, Trends and Insights

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Norway: Millet Market 2025

Millet Market Size in Norway

In 2022, the Norwegian millet market decreased by -26.7% to $X, falling for the fourth year in a row after three years of growth. Overall, consumption recorded a precipitous decline. Millet consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Millet Exports

Exports from Norway

Millet exports from Norway declined to X tons in 2022, falling by -1.7% compared with the previous year. Over the period under review, exports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2013 with an increase of 300% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, millet exports reduced to $X in 2022. Overall, exports, however, recorded a strong expansion. The growth pace was the most rapid in 2013 when exports increased by 228%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sweden (X tons) was the main destination for millet exports from Norway, accounting for a 96% share of total exports. Moreover, millet exports to Sweden exceeded the volume sent to the second major destination, Denmark (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden stood at +17.6%.

In value terms, Sweden ($X) remains the key foreign market for millet exports from Norway, comprising 92% of total exports. The second position in the ranking was taken by Denmark ($X), with a 4.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Sweden stood at +14.2%.

Export Prices by Country

In 2022, the average millet export price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price saw a pronounced contraction. The growth pace was the most rapid in 2016 when the average export price increased by 18%. 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 remained at a lower figure.

Average prices varied somewhat for the major export 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 Sweden stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+2.4%).

Millet Imports

Imports into Norway

In 2022, supplies from abroad of millet decreased by -36.1% to X tons, falling for the fourth consecutive year after three years of growth. Over the period under review, imports recorded a dramatic contraction. The pace of growth was the most pronounced in 2014 when imports increased by 209%. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, millet imports shrank rapidly to $X in 2022. Overall, imports saw a deep setback. The pace of growth was the most pronounced in 2014 with an increase of 111%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

India (X tons), Poland (X tons) and Ukraine (X tons) were the main suppliers of millet imports to Norway, with a combined 56% share of total imports. Latvia, Russia, Denmark, China and the Netherlands lagged somewhat behind, together comprising a further 37%.

From 2012 to 2022, the biggest increases were recorded for Latvia (with a CAGR of +48.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest millet suppliers to Norway were India ($X), Ukraine ($X) and Denmark ($X), together accounting for 48% of total imports. China, Poland, Latvia, Russia and the Netherlands lagged somewhat behind, together accounting for a further 39%.

Among the main suppliers, Latvia, with a CAGR of +43.5%, recorded 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 2022, the average millet import price amounted to $X per ton, growing by 32% against the previous year. Over the period under review, the import price continues to indicate a buoyant increase. The growth pace was the most rapid in 2021 an increase of 101%. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the immediate term.

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 China ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for millet in the world?

India remains the largest millet consuming country worldwide, accounting for 41% of total volume. Moreover, millet consumption in India exceeded the figures recorded by the second-largest consumer, Niger, fourfold. China ranked third in terms of total consumption with a 7.5% share.

What are the largest producers of millet in the world?

India remains the largest millet producing country worldwide, comprising approx. 41% of total volume. Moreover, millet production in India exceeded the figures recorded by the second-largest producer, Niger, fourfold. The third position in this ranking was occupied by China, with a 7.5% share.

What are the leading suppliers of millet to Norway?

In value terms, the United States constituted the largest supplier of millet to Norway, comprising 76% of total imports. The second position in the ranking was occupied by Poland, with a 7.6% share of total imports. It was followed by China, with a 6.5% share.

What are the leading importers of millet from Norway?

In value terms, Sweden $305) remains the key foreign market for millet exports from Norway.

What is the average export price for millet in Norway?

The average millet export price stood at $1,121 per ton in 2020, shrinking by -16.2% against the previous year.

What is the average import price for millet in Norway?

In 2020, the average millet import price amounted to $807 per ton, surging by 5.1% against the previous year.

This report provides an in-depth analysis of the millet market in Norway. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 79 - Millet

Country coverage:

Norway

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Norway
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024