Norway: Market for Pineapple Juice (Single Strength) 2024

Market Size for Pineapple Juice (Single Strength) in Norway

In 2021, the Norwegian pineapple juice (single strength) market increased by 2.8% to $X, rising for the third year in a row after five years of decline. Overall, consumption recorded a mild decline. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Exports of Pineapple Juice (Single Strength)

Exports from Norway

For the third consecutive year, Norway recorded decline in overseas shipments of pineapple juice (single strength), which decreased by -58.3% to X kg in 2021. Overall, exports saw a precipitous decrease. The most prominent rate of growth was recorded in 2016 when exports increased by 229% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, pineapple juice (single strength) exports contracted significantly to $X in 2021. Over the period under review, exports showed a precipitous descent. The pace of growth was the most pronounced in 2016 when exports increased by 332%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Czech Republic (X kg) was the main destination for pineapple juice (single strength) exports from Norway, accounting for a 72% share of total exports. Moreover, pineapple juice (single strength) exports to the Czech Republic exceeded the volume sent to the second major destination, Sweden (X kg), fourfold.

From 2012 to 2021, the average annual growth rate of volume to the Czech Republic stood at -15.4%.

In value terms, the Czech Republic ($X) remains the key foreign market for pineapple juice (single strength) exports from Norway, comprising 79% of total exports. The second position in the ranking was held by Sweden ($X), with an 8.3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the Czech Republic amounted to -25.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-40.8% per year) and Denmark (-37.3% per year).

Export Prices by Country

In 2021, the average pineapple juice (single strength) export price amounted to $X per ton, surging by 50% against the previous year. Over the period under review, export price indicated a notable increase from 2012 to 2021: its price increased at an average annual rate of +4.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, pineapple juice (single strength) export price increased by +71.9% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Sweden ($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 Denmark (+5.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Pineapple Juice (Single Strength)

Imports into Norway

After two years of growth, purchases abroad of pineapple juice (single strength) decreased by -3.6% to X tons in 2021. In general, imports showed a pronounced reduction. The pace of growth was the most pronounced in 2013 when imports increased by 28% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, pineapple juice (single strength) imports reached $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 25%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest pineapple juice (single strength) supplier to Norway, accounting for a 42% share of total imports. Moreover, pineapple juice (single strength) imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was taken by the United States (X tons), with a 4.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands stood at +44.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-0.2% per year) and the United States (-23.7% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of pineapple juice (single strength) to Norway, comprising 46% of total imports. The second position in the ranking was taken by Germany ($X), with a 20% share of total imports. It was followed by the United States, with a 4.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands totaled +47.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+2.2% per year) and the United States (-17.2% per year).

Import Prices by Country

The average pineapple juice (single strength) import price stood at $X per ton in 2021, rising by 8% against the previous year. Over the last nine years, it increased at an average annual rate of +2.4%. The growth pace was the most rapid in 2016 an increase of 29% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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