Price for Flour and Meal; of Potatoes in Norway - 2023

Contents:

  1. Price for Flour and Meal; of Potatoes in Norway (CIF) - 2022
  2. Price for Flour and Meal; of Potatoes in Norway (FOB) - 2022
  3. Imports of Flour and Meal; of Potatoes in Norway
  4. Exports of Flour and Meal; of Potatoes in Norway

Price for Flour and Meal; of Potatoes in Norway (CIF) - 2022

In 2022, the average import price for flour and meal; of potatoeses amounted to $990 per ton, picking up by 28% against the previous year. Overall, the import price, however, continues to indicate a deep downturn. Over the period under review, average import prices attained the peak figure at $4,169 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($3,673 per ton), while the price for the Netherlands ($697 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+15.7%), while the prices for the other major suppliers experienced a decline.

Price for Flour and Meal; of Potatoes in Norway (FOB) - 2022

The average export price for flour and meal; of potatoeses stood at $10,539 per ton in 2022, waning by -25.7% against the previous year. Overall, the export price, however, recorded mild growth. The pace of growth appeared the most rapid in 2021 an increase of 159%. As a result, the export price attained the peak level of $14,180 per ton, and then fell markedly in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +3.3% per year.

Imports of Flour and Meal; of Potatoes in Norway

In 2022, purchases abroad of flour and meal; of potatoeses decreased by -81.6% to 127 tons, falling for the second year in a row after two years of growth. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 2,987%. As a result, imports attained the peak of 2.1K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, flour and meal; of potatoes imports fell rapidly to $126K in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 2,132%. As a result, imports attained the peak of $1.5M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Flour and Meal; of Potatoes in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands36.11,49250175.027.6%
Germany21.831.125.027.88.4%
United Kingdom0.41.112.616.6246.2%
Others10.22.3N/A6.8-12.6%
Total68.41,52753912622.6%

Top Suppliers of Flour and Meal; of Potatoes to Norway in 2022:

  1. Netherlands (107.5 tons)
  2. Germany (14.4 tons)
  3. United Kingdom (4.5 tons)

Exports of Flour and Meal; of Potatoes in Norway

In 2022, approx. 180 kg of flour and meal; of potatoeses were exported from Norway; remaining relatively unchanged against the previous year's figure. In general, exports posted a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 18,617% against the previous year. As a result, the exports attained the peak of 3.4 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, flour and meal; of potatoes exports fell markedly to $1.9K in 2022. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 13,460%. As a result, the exports attained the peak of $18K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Flour and Meal; of Potatoes in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/A15.2N/A1.9-64.6%
UruguayN/A3.11.3N/A-58.1%
Others0.10.21.3N/A260.6%
Total0.118.42.51.9166.8%

Top Export Markets for Flour and Meal; of Potatoes from Norway in 2022:

  1. United Kingdom (180.0 kg)

Source: IndexBox Market Intelligence Platform

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