Norway: Non-Wheat Flour Market 2024

Non-Wheat Flour Market Size in Norway

In 2021, the Norwegian non-wheat flour market decreased by -18.3% to $X, falling for the third year in a row after five years of growth. Over the period under review, consumption showed a noticeable slump. The most prominent rate of growth was recorded in 2017 when the market value increased by 7.9% against the previous year. Non-wheat flour consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Non-Wheat Flour Production in Norway

In value terms, non-wheat flour production contracted dramatically to $X in 2021 estimated in export price. Over the period under review, production saw a sharp reduction. The most prominent rate of growth was recorded in 2017 with an increase of 12% against the previous year. Non-wheat flour production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Non-Wheat Flour Exports

Exports from Norway

In 2021, exports of non-wheat flours from Norway contracted sharply to X tons, declining by -53.7% against 2020 figures. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 668%. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, non-wheat flour exports fell remarkably to $X in 2021. In general, exports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2014 with an increase of 353%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X tons), the Netherlands (X tons) and Sweden (X tons) were the main destinations of non-wheat flour exports from Norway, with a combined 100% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +143.9%), while the other leaders experienced a decline.

In value terms, Germany ($X) emerged as the key foreign market for non-wheat flours exports from Norway, comprising 63% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 20% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to +204.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-0.9% per year) and Sweden (-24.0% per year).

Export Prices by Country

In 2021, the average non-wheat flour export price amounted to $X per ton, dropping by -23.9% against the previous year. Over the period under review, the export price continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2013 an increase of 29% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+25.0%), while the prices for the other major destinations experienced mixed trend patterns.

Non-Wheat Flour Imports

Imports into Norway

For the third year in a row, Norway recorded growth in purchases abroad of non-wheat flours, which increased by 22% to X tons in 2021. Overall, imports showed a resilient expansion. The pace of growth was the most pronounced in 2020 when imports increased by 27% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to continue growth in the immediate term.

In value terms, non-wheat flour imports amounted to $X in 2021. Over the period under review, imports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2020 with an increase of 60% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to continue growth in the near future.

Imports by Country

In 2021, Germany (X tons) constituted the largest non-wheat flour supplier to Norway, with a 41% share of total imports. Moreover, non-wheat flour imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. The third position in this ranking was taken by Belgium (X tons), with an 8% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +12.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+26.4% per year) and Belgium (+24.4% per year).

In value terms, Germany ($X) constituted the largest supplier of non-wheat flours to Norway, comprising 35% of total imports. The second position in the ranking was taken by Italy ($X), with a 15% share of total imports. It was followed by Belgium, with a 6.6% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +12.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+24.8% per year) and Belgium (+15.3% per year).

Import Prices by Country

In 2021, the average non-wheat flour import price amounted to $X per ton, declining by -17.4% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 26%. As a result, import price reached the peak level of $X per ton, and then contracted significantly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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