Norway: Pasta And Couscous Market 2024

Pasta And Couscous Market Size in Norway

The Norwegian pasta and couscous market totaled $X in 2022, picking up by 2.1% against the previous year. In general, consumption, however, posted a prominent expansion. Pasta and couscous consumption peaked in 2022 and is expected to retain growth in years to come.

Pasta And Couscous Production in Norway

In value terms, pasta and couscous production shrank slightly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2016 with an increase of 68% against the previous year. Pasta and couscous production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Pasta And Couscous Exports

Exports from Norway

In 2022, approx. X tons of stuffed pasta and couscous were exported from Norway; growing by 14% on the previous year's figure. Over the period under review, exports posted measured growth. The most prominent rate of growth was recorded in 2015 when exports increased by 73%. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, pasta and couscous exports expanded to $X in 2022. In general, total exports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +122.4% against 2016 indices. The growth pace was the most rapid in 2013 when exports increased by 61% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Sweden (X tons), Faroe Islands (X tons) and Iceland (X tons) were the main destinations of pasta and couscous exports from Norway, together accounting for 92% of total exports. The Netherlands and Denmark lagged somewhat behind, together accounting for a further 5.6%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +50.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) remains the key foreign market for stuffed pasta and couscous exports from Norway, comprising 64% of total exports. The second position in the ranking was held by Faroe Islands ($X), with a 17% share of total exports. It was followed by the Netherlands, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Sweden stood at +19.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Faroe Islands (-0.4% per year) and the Netherlands (+54.0% per year).

Export Prices by Country

In 2022, the average pasta and couscous export price amounted to $X per ton, declining by -10.2% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 30% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Faroe Islands ($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 Sweden (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Pasta And Couscous Imports

Imports into Norway

After five years of growth, purchases abroad of stuffed pasta and couscous decreased by -2.5% to X tons in 2022. In general, total imports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.9% against 2016 indices. The most prominent rate of growth was recorded in 2020 with an increase of 14%. Imports peaked at X tons in 2021, and then reduced slightly in the following year.

In value terms, pasta and couscous imports rose modestly to $X in 2022. Over the period under review, total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.8% against 2016 indices. The pace of growth was the most pronounced in 2021 when imports increased by 18%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Italy (X tons), Thailand (X tons) and the Czech Republic (X tons) were the main suppliers of pasta and couscous imports to Norway, with a combined 46% share of total imports. China, Germany, Lithuania, Vietnam, South Korea, Belgium, Sweden, Denmark, France and Poland lagged somewhat behind, together accounting for a further 45%.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of +80.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Thailand ($X) and the Czech Republic ($X) were the largest pasta and couscous suppliers to Norway, together accounting for 50% of total imports. Germany, South Korea, China, Sweden, Vietnam, Lithuania, Belgium, France, Poland and Denmark lagged somewhat behind, together comprising a further 42%.

Lithuania, with a CAGR of +89.3%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average pasta and couscous import price stood at $X per ton in 2022, picking up by 5.5% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2021 an increase of 11%. The import price peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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