Chicken Egg Market in Norway
Market Overview
The Norwegian chicken egg market dropped slightly to $
in , flattening at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% from 2012 to ; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $ in 2014; however, from 2015 to , consumption failed to regain momentum.
In value terms, chicken egg production declined modestly to $ in estimated in export price. In general, the total production indicated a resilient increase from 2012 to : its value increased at an average annual rate of +% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production increased by +% against indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by %. Over the period under review, production attained the maximum level at $ in 2014; however, from 2015 to , production failed to regain momentum.
in , flattening at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% from 2012 to ; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $ in 2014; however, from 2015 to , consumption failed to regain momentum.In value terms, chicken egg production declined modestly to $
in estimated in export price. In general, the total production indicated a resilient increase from 2012 to : its value increased at an average annual rate of +% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production increased by +% against indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by %. Over the period under review, production attained the maximum level at $ in 2014; however, from 2015 to , production failed to regain momentum.Consumption
In , the amount of chicken eggs consumed in Norway reduced slightly to tons, stabilizing at the year before. The total consumption volume increased at an average annual rate of +% over the period from 2012 to ; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. Over the period under review, consumption reached the peak volume at tons in , and then dropped slightly in the following year.
The value of the chicken egg market in Norway shrank slightly to $ in , flattening at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% over the period from 2012 to ; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $ in 2014; however, from 2015 to , consumption failed to regain momentum.
, the amount of chicken eggs consumed in Norway reduced slightly to tons, stabilizing at the year before. The total consumption volume increased at an average annual rate of +% over the period from 2012 to ; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. Over the period under review, consumption reached the peak volume at tons in , and then dropped slightly in the following year.The value of the chicken egg market in Norway shrank slightly to $
in , flattening at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% over the period from 2012 to ; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $ in 2014; however, from 2015 to , consumption failed to regain momentum.Market Forecast
Driven by increasing demand for chicken eggs in Norway, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to tons by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Over the period under review, imports of chicken egg in Norway were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for chicken egg.
Trade Balance
Norway remains a net importer of chicken egg; in physical and value terms, imports consistently exceeded exports from 2012 to . In , there was a significant trade deficit of tons, which was equal to $.
. In , there was a significant trade deficit of tons, which was equal to $.
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