Norway: Oil Crops Market 2025

Oil Crops Market Size in Norway

The Norwegian oil crops market contracted dramatically to $X in 2022, with a decrease of X% against the previous year. In general, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then contracted notably in the following year.

Oil Crops Production in Norway

In value terms, oil crops production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt slump. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Oil crops production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

In 2022, the average yield of oil crops (primary) in Norway shrank to X tons per ha, waning by X% compared with 2021 figures. In general, the yield, however, recorded moderate growth. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, the yield attained the peak level of X tons per ha. From 2018 to 2022, the growth of the average oil crops 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 harvested area of oil crops (primary) in Norway expanded sharply to X ha, growing by X% compared with 2021 figures. Over the period under review, the harvested area, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the harvested area dedicated to oil crops production attained the peak figure at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Oil Crops Exports

Exports from Norway

In 2022, approx. X tons of oil crops (primary) were exported from Norway; reducing by X% against 2021 figures. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, oil crops exports fell notably to $X in 2022. Overall, exports, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sweden (X tons) was the main destination for oil crops exports from Norway, accounting for a X% share of total exports. Moreover, oil crops exports to Sweden exceeded the volume sent to the second major destination, the Netherlands (X tons), fivefold. India (X tons) ranked third in terms of total exports with a X% share.

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

In value terms, the largest markets for oil crops exported from Norway were Sweden ($X), the Netherlands ($X) and India ($X), together accounting for X% of total exports.

In terms of the main countries of destination, the Netherlands, with a CAGR of X%, recorded the highest growth rate of 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 oil crops export price amounted to $X per ton, increasing by X% against the previous year. Overall, export price indicated a buoyant 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, oil crops export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Bulgaria ($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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Oil Crops Imports

Imports into Norway

After three years of growth, overseas purchases of oil crops (primary) decreased by X% to X tons in 2022. Overall, imports recorded a pronounced decline. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then shrank significantly in the following year.

In value terms, oil crops imports declined to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

In 2022, Brazil (X tons) constituted the largest oil crops supplier to Norway, accounting for a X% share of total imports. Moreover, oil crops imports from Brazil exceeded the figures recorded by the second-largest supplier, Canada (X tons), fourfold. The third position in this ranking was held by Bulgaria (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (X% per year) and Bulgaria (X% per year).

In value terms, Brazil ($X) constituted the largest supplier of oil crops (primary) to Norway, comprising X% of total imports. The second position in the ranking was held by Canada ($X), with a X% share of total imports. It was followed by Bulgaria, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (X% per year) and Bulgaria (X% per year).

Import Prices by Country

In 2022, the average oil crops import price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, import price indicated tangible growth 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, oil crops import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 Bulgaria ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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