Norway: Peach And Nectarine Market 2025

Peach And Nectarine Market Size in Norway

The Norwegian peach and nectarine market contracted modestly to $X in 2021, with a decrease of -3.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a perceptible reduction. Peach and nectarine consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Peach And Nectarine Exports

Exports from Norway

In 2021, overseas shipments of peaches and nectarines increased by 0.5% to X tons, rising for the second consecutive year after three years of decline. Overall, exports showed a moderate expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 301%. Over the period under review, the exports reached the maximum in 2021 and are likely to see steady growth in the near future.

In value terms, peach and nectarine exports amounted to $X in 2021. In general, exports recorded a buoyant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 396%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in years to come.

Exports by Country

Spain (X tons), Sweden (X tons) and the Netherlands (X tons) were the main destinations of peach and nectarine exports from Norway.

From 2012 to 2021, the biggest increases were in Sweden (with a CAGR of +4.5%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for peach and nectarine exported from Norway were Spain ($X), Sweden ($X) and the Netherlands ($X), with a combined 99.9% share of total exports.

Among the main countries of destination, Sweden, with a CAGR of +8.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average peach and nectarine export price stood at $X per ton in 2021, remaining relatively unchanged against the previous year. In general, export price indicated a notable increase from 2012 to 2021: its price increased at an average annual rate of +3.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, peach and nectarine export price increased by +32.3% against 2016 indices. The most prominent rate of growth was recorded in 2014 an increase of 57% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2021, the country with the highest price was Sweden ($X per ton), while the average price for exports to Spain ($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 Spain (+4.7%), while the prices for the other major destinations experienced mixed trend patterns.

Peach And Nectarine Imports

Imports into Norway

For the fourth year in a row, Norway recorded decline in purchases abroad of peaches and nectarines, which decreased by -8% to X tons in 2021. In general, imports showed a pronounced downturn. The pace of growth appeared the most rapid in 2017 with an increase of 13% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, peach and nectarine imports reduced modestly to $X in 2021. Over the period under review, imports continue to indicate a slight descent. The pace of growth appeared the most rapid in 2020 with an increase of 28% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Spain (X tons) constituted the largest supplier of peach and nectarine to Norway, accounting for a 61% share of total imports. Moreover, peach and nectarine imports from Spain exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold.

From 2012 to 2021, the average annual growth rate of volume from Spain stood at +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-10.2% per year) and the Netherlands (-5.7% per year).

In value terms, Spain ($X) constituted the largest supplier of peach and nectarine to Norway, comprising 65% of total imports. The second position in the ranking was held by Italy ($X), with a 24% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain amounted to +4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-6.6% per year) and the Netherlands (-7.2% per year).

Import Prices by Country

In 2021, the average peach and nectarine import price amounted to $X per ton, surging by 7.1% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.5%. The pace of growth was the most pronounced in 2020 an increase of 37%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :