Norway: Sausage Market 2024

Sausage Market Size in Norway

The Norwegian sausage market was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption showed a slight slump. Sausage consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Sausage Production in Norway

In value terms, sausage production surged to $X in 2021 estimated in export price. Over the period under review, production showed a mild slump. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Sausage Exports

Exports from Norway

Sausage exports from Norway plummeted to X tons in 2021, dropping by -27.6% compared with the previous year's figure. Overall, exports recorded a abrupt decline. The growth pace was the most rapid in 2017 with an increase of 14% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, sausage exports shrank to $X in 2021. Over the period under review, exports recorded a deep slump. The growth pace was the most rapid in 2013 with an increase of 18% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Denmark (X tons), Sweden (X tons) and Spain (X tons) were the main destinations of sausage exports from Norway, with a combined 96% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +17.1%), while shipments for the other leaders experienced a decline.

In value terms, Denmark ($X) emerged as the key foreign market for sausages and similar products of meat exports from Norway, comprising 64% of total exports. The second position in the ranking was taken by Sweden ($X), with a 24% share of total exports. It was followed by Spain, with a 5.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Denmark amounted to -6.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+12.2% per year) and Spain (-5.3% per year).

Export Prices by Country

The average sausage export price stood at $X per ton in 2021, surging by 24% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Sweden ($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 the UK (+20.8%), while the prices for the other major destinations experienced more modest paces of growth.

Sausage Imports

Imports into Norway

Sausage imports into Norway rose significantly to X tons in 2021, with an increase of 11% compared with the previous year's figure. The total import volume increased at an average annual rate of +3.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when imports increased by 18% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to see gradual growth in years to come.

In value terms, sausage imports skyrocketed to $X in 2021. In general, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +59.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Denmark (X tons) constituted the largest supplier of sausage to Norway, accounting for a 44% share of total imports. Moreover, sausage imports from Denmark exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. The third position in this ranking was held by Sweden (X tons), with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Denmark was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+15.1% per year) and Sweden (+5.1% per year).

In value terms, Denmark ($X), Italy ($X) and Sweden ($X) constituted the largest sausage suppliers to Norway, with a combined 79% share of total imports. Spain, Germany, France and Poland lagged somewhat behind, together accounting for a further 19%.

Poland, with a CAGR of +58.7%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average sausage import price amounted to $X per ton, growing by 13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.5%. The pace of growth was the most pronounced in 2013 an increase of 15% against the previous year. Over the period under review, average import prices reached the peak figure in 2021 and is expected to retain growth in the near future.

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 Sweden ($X per ton), while the price for Poland ($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 (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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