Potato Market Overview in Norway
In value terms, potato production contracted to $ in 2019 estimated in export prices. Over the period under review, production saw a perceptible setback. The pace of growth was the most pronounced in 2014 when the production volume increased by % year-to-year. As a result, production reached the peak level of $. From 2015 to 2019, production growth remained at a somewhat lower figure.
In 2019, the average yield of potatoes in Norway rose slightly to tonnes per ha, growing by % against 2018 figures. The yield figure increased at an average annual rate of +% over the period from 2007 to 2019; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the yield increased by % year-to-year. Over the period under review, the average potato yield hit record highs at tonnes per ha in 2016; however, from 2017 to 2019, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2019, the harvested area of potatoes in Norway reduced slightly to ha, with a decrease of -% against the year before. In general, the harvested area saw a noticeable decrease. The most prominent rate of growth was recorded in 2016 when the harvested area increased by % against the previous year. Over the period under review, the harvested area dedicated to potato production attained the peak figure at ha in 2007; however, from 2008 to 2019, the harvested area remained at a lower figure.
The value of the potato market in Norway contracted to $ in 2019, waning by -% against 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 continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2016 with an increase of % against the previous year. Over the period under review, the market attained the peak level at $ in 2014; however, from 2015 to 2019, consumption failed to regain the momentum.