Animal Guts Market in Norway
Market Overview
The Norwegian animal guts 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). Overall, consumption recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $ in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.
In value terms, animal guts production dropped slightly to $ in estimated in export price. In general, the total production indicated mild growth from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. 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 2017 when the production volume increased by % against the previous year. Animal guts production peaked at $ in 2012; however, from 2013 to , production remained at a lower figure.
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). Overall, consumption recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $ in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.In value terms, animal guts production dropped slightly to $
in estimated in export price. In general, the total production indicated mild growth from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. 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 2017 when the production volume increased by % against the previous year. Animal guts production peaked at $ in 2012; however, from 2013 to , production remained at a lower figure.Consumption
In , consumption of guts, bladders and stomachs of animals increased by % to tons, rising for the second consecutive year after three years of decline. In general, the total consumption indicated a notable increase from 2007 to : its volume increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against indices. As a result, consumption attained the peak volume of tons. From 2018 to , the growth of the consumption failed to regain momentum.
The size of the animal guts market in Norway contracted slightly to $ in , approximately mirroring 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). Overall, consumption showed a relatively flat trend pattern. Animal guts consumption peaked at $ in 2012; however, from 2013 to , consumption failed to regain momentum.
, consumption of guts, bladders and stomachs of animals increased by % to tons, rising for the second consecutive year after three years of decline. In general, the total consumption indicated a notable increase from 2007 to : its volume increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against indices. As a result, consumption attained the peak volume of tons. From 2018 to , the growth of the consumption failed to regain momentum.The size of the animal guts market in Norway contracted slightly to $
in , approximately mirroring 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). Overall, consumption showed a relatively flat trend pattern. Animal guts consumption peaked at $ in 2012; however, from 2013 to , consumption failed to regain momentum.Market Forecast
Driven by increasing demand for guts, bladders and stomachs of animals in Norway, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to accelerate, 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 .Trade Balance
Norway remains a net importer of animal guts; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a trade deficit of tons, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.
. In , there was a trade deficit of tons, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.
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