Report Update Nov 1, 2024

Norway - Prepared Baking Powders - Market Analysis, Forecast, Size, Trends and Insights

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Norway: Prepared Baking Powder Market 2024

Prepared Baking Powder Market Size in Norway

The Norwegian prepared baking powder market expanded to $X in 2022, picking up by 2.7% against the previous year. Over the period under review, consumption, however, enjoyed a resilient increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Prepared Baking Powder Production in Norway

In value terms, prepared baking powder production soared to $X in 2022 estimated in export price. Overall, production, however, saw a noticeable curtailment. The most prominent rate of growth was recorded in 2017 when the production volume increased by 351% against the previous year. Prepared baking powder production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Prepared Baking Powder Exports

Exports from Norway

In 2022, shipments abroad of prepared baking powders increased by 80% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2013 with an increase of 8,033%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, prepared baking powder exports soared to $X in 2022. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 6,041% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Sweden (X tons) was the main destination for prepared baking powder exports from Norway, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden amounted to -7.5%.

In value terms, Sweden ($X) also remains the key foreign market for prepared baking powders exports from Norway.

From 2012 to 2022, the average annual rate of growth in terms of value to Sweden stood at -7.6%.

Export Prices by Country

In 2022, the average prepared baking powder export price amounted to $X per ton, falling by -4.8% against the previous year. Overall, the export price continues to indicate a perceptible shrinkage. The growth pace was the most rapid in 2021 an increase of 11% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Sweden.

From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to -0.0% per year.

Prepared Baking Powder Imports

Imports into Norway

In 2022, purchases abroad of prepared baking powders decreased by -13.2% to X tons, falling for the second consecutive year after three years of growth. In general, imports, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2013 with an increase of 241% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, prepared baking powder imports declined to $X in 2022. Over the period under review, imports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of 343%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of prepared baking powder to Norway, with a 65% share of total imports. Moreover, prepared baking powder imports from Spain exceeded the figures recorded by the second-largest supplier, Hungary (X tons), fivefold. Sweden (X tons) ranked third in terms of total imports with a 7.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain stood at +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+48.0% per year) and Sweden (-3.8% per year).

In value terms, Spain ($X) constituted the largest supplier of prepared baking powders to Norway, comprising 71% of total imports. The second position in the ranking was held by Hungary ($X), with a 9.9% share of total imports. It was followed by Sweden, with a 5.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain amounted to +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+39.3% per year) and Sweden (-5.0% per year).

Import Prices by Country

The average prepared baking powder import price stood at $X per ton in 2022, surging by 4.3% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 30% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for prepared baking powders in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 28% share of global consumption. These countries were followed by Japan, Austria, Russia, Pakistan, Brazil, Indonesia, Bangladesh, Nigeria, the Philippines and Mexico, which together accounted for a further 25%.

What are the largest producers of prepared baking powders in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 33% of global production. These countries were followed by Japan, Austria, Russia, Pakistan, Germany, Mexico, Brazil, Thailand, Bangladesh and Turkey, which together accounted for a further 26%.

What are the leading suppliers of prepared baking powders to Norway?

In value terms, Spain constituted the largest supplier of prepared baking powder to Norway, comprising 65% of total imports. The second position in the ranking was occupied by Sweden, with a 7.5% share of total imports. It was followed by Denmark, with a 6.4% share.

What are the leading importers of prepared baking powders from Norway?

In value terms, Sweden remains the key foreign market for prepared baking powder exports from Norway.

What is the average export price for prepared baking powders in Norway?

The average prepared baking powder export price stood at $3,380 per ton in 2021, remaining stable against the previous year.

What is the average import price for prepared baking powders in Norway?

The average prepared baking powder import price stood at $3,301 per ton in 2021, picking up by 4.8% against the previous year.

This report provides an in-depth analysis of the prepared baking powder 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:

Prodcom 10891370 - Prepared baking powders

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. TOP EXPORTING COUNTRIES
4. 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 VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023