Norway - Animal And Pet Feed - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAnimal Feed Price in Norway - 2023
Contents:
- Animal Feed Price in Norway (CIF) - 2023
- Animal Feed Price in Norway (FOB) - 2023
- Animal Feed Imports in Norway
- Animal Feed Exports in Norway
Animal Feed Price in Norway (CIF) - 2023
The average animal feed import price stood at $1,239 per ton in September 2023, reducing by -9.9% against the previous month. Over the period under review, the import price recorded a pronounced curtailment. The growth pace was the most rapid in January 2023 an increase of 13% month-to-month. As a result, import price attained the peak level of $1,827 per ton. From February 2023 to September 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the UK ($2,279 per ton), while the price for Russia ($929 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the UK (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Animal Feed Price in Norway (FOB) - 2023
The average animal feed export price stood at $1,531 per ton in September 2023, approximately reflecting the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 when the average export price increased by 14% month-to-month. Over the period under review, the average export prices reached the maximum at $1,841 per ton in December 2022; however, from January 2023 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Russia ($2,322 per ton), while the average price for exports to Denmark ($455 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+40.7%), while the prices for the other major destinations experienced more modest paces of growth.
Animal Feed Imports in Norway
In 2022, approx. 558K tons of animal and pet feed were imported into Norway; picking up by 19% on 2021. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 189%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, animal feed imports surged to $928M in 2022. Overall, imports showed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 203%. Imports peaked in 2022 and are likely to see steady growth in years to come.
Import of Animal Feed in Norway (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | N/A | 295 | 248 | 314 | 3.2% |
United Kingdom | 69.7 | 169 | 174 | 221 | 46.9% |
Russia | N/A | 25.9 | 136 | 131 | 124.9% |
Netherlands | 37.8 | 48.3 | 48.3 | 58.8 | 15.9% |
Denmark | 25.9 | 36.2 | 49.3 | 54.2 | 27.9% |
Finland | 0.2 | 9.1 | 15.7 | 26.0 | 406.6% |
Sweden | 12.6 | 17.0 | 22.2 | 24.7 | 25.2% |
Others | 75.6 | 73.1 | 90.9 | 99.1 | 9.4% |
Total | 222 | 673 | 783 | 928 | 61.1% |
Top Suppliers of Animal Feed to Norway in 2022:
- Brazil (222.4K tons)
- United Kingdom (107.0K tons)
- Russia (101.5K tons)
- Denmark (30.4K tons)
- Netherlands (25.4K tons)
- Finland (20.2K tons)
- Sweden (17.4K tons)
Animal Feed Exports in Norway
In 2022, animal feed exports from Norway rose sharply to 156K tons, with an increase of 7.1% on the previous year. Overall, exports saw a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, animal feed exports surged to $261M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.
Export of Animal Feed in Norway (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 42.3 | 75.5 | 116 | 112 | 38.3% |
Iceland | 49.4 | 27.1 | 53.6 | 95.9 | 24.7% |
Faroe Islands | 21.1 | 27.7 | 20.6 | 28.4 | 10.4% |
Sweden | 4.8 | 5.2 | 4.5 | 4.8 | 0.0% |
United Kingdom | 53.5 | 6.1 | 4.2 | 4.1 | -57.5% |
Denmark | 5.7 | 7.5 | 3.3 | 3.0 | -19.3% |
Greece | 0.8 | 1.1 | 1.5 | 2.6 | 48.1% |
Thailand | 2.4 | 2.3 | 2.2 | 2.3 | -1.4% |
Vietnam | 2.7 | 1.5 | 1.7 | 0.6 | -39.4% |
Others | 5.3 | 17.3 | 8.2 | 7.0 | 9.7% |
Total | 188 | 171 | 216 | 261 | 11.6% |
Top Export Markets for Animal Feed from Norway in 2022:
- Russia (56.2K tons)
- Iceland (51.7K tons)
- Faroe Islands (11.9K tons)
- Denmark (8.7K tons)
- Greece (7.2K tons)
- Thailand (5.1K tons)
- Sweden (2.5K tons)
- United Kingdom (2.3K tons)
- Vietnam (1.3K tons)
This report provides an in-depth analysis of the animal feed 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 10911010 - Premixtures for farm animal feeds
- Prodcom 10911033 - Preparations used for farm animal feeding (excluding premixtures): pigs
- Prodcom 10911035 - Preparations used for farm animal feeding (excluding premixtures): cattle
- Prodcom 10911037 - Preparations used for farm animal feeding (excluding premixtures): poultry
- Prodcom 10921060 - Preparations used for feeding pets (excluding preparations for cats or dogs, p.r.s.)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the animal feed market in Norway.
This report provides an in-depth analysis of the market for preparations for animal feeding in Norway.
This report provides an in-depth analysis of the market for dog and cat food in Norway.
This report provides an in-depth analysis of the global animal feed market.
This report provides an in-depth analysis of the global market for preparations for animal feeding.
This report provides an in-depth analysis of the global market for dog and cat food.
This report provides an in-depth analysis of the animal feed market in Norway.
This report provides an in-depth analysis of the market for preparations for animal feeding in Norway.
This report provides an in-depth analysis of the market for dog and cat food in Norway.
This report provides an in-depth analysis of the global animal feed market.
Explore the forecasted trends and growth patterns in the global animal and pet feed market from 2023 to 2030. Learn about the projected increase in market volume and value, as well as key statistics on consumption, production, imports, and exports.
Explore the top import markets for animal feed in 2023 and discover key statistics and trends driving the global demand for feed products.
Explore the top import markets for preparations for animal feeding including Germany, the United States, the United Kingdom, and more. Learn about the key players driving the global market for animal feed.
In 2016, the global imports of animal feed amounted to X tons, approximately reflecting the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
Explore the top import markets for dog and cat food worldwide and discover key statistics and data from the IndexBox market intelligence platform.
Explore the forecasted trends and growth patterns in the global animal and pet feed market from 2023 to 2030. Learn about the projected increase in market volume and value, as well as key statistics on consumption, production, imports, and exports.
Explore the top import markets for animal feed in 2023 and discover key statistics and trends driving the global demand for feed products.
Explore the top import markets for preparations for animal feeding including Germany, the United States, the United Kingdom, and more. Learn about the key players driving the global market for animal feed.
In 2016, the global imports of animal feed amounted to X tons, approximately reflecting the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
Explore the top import markets for dog and cat food worldwide and discover key statistics and data from the IndexBox market intelligence platform.