Unfit-for-human-consumption fish or shellfish flours market in Norway

Earlier Report Observations

The market volume for unfit-for-human-consumption fish or shellfish flours in Norway decreased from 170 thousand tons in 2018 to 121 thousand tons in 2020. This decline was driven by regulatory changes in 2019, including updated EEA references for aquaculture trade and new quarantine rules for mollusks, which tightened controls on raw material imports and production. The impending implementation of extended producer responsibility for fishery waste from 2020 onward also contributed to adjustments in by-product processing.

A sharp recovery occurred in 2022, with the market reaching 192 thousand tons after the repeal of aquaculture trade regulations simplified import procedures. However, the market contracted again to 118 thousand tons by 2024, coinciding with heightened focus on animal health and sustainable aquaculture development, which enforced stricter production standards and likely limited raw material supply.

Production unfit-for-human-consumption fish or shellfish flours in Norway

In value, 2018-2021, K $ US

Production of unfit-for-human-consumption fish or shellfish flours in Norway has increased for the second consecutive year. In 2020, output was valued at 88 236 thousand US dollars, marking a 7.0% gain compared to 2019. Over the period from 2018 to 2020, production rose by 16.4%, with a compound annual growth rate of 5.2%.

Annual dynamics of production in Norway in value, 2018-2021, K $ US

In kind, 2018-2021, t

In 2020, Norway produced 56 716 tonnes of unfit-for-human-consumption fish or shellfish flours, reflecting a 2.9% year-on-year increase. The lowest production level was recorded in 2019 at 55 106 tonnes, which saw the largest decline of 4.5%.

Annual dynamics of production in Norway in kind, 2018-2021, t

Exports unfit-for-human-consumption fish or shellfish flours from Norway

Exports in kind, K t

Exports of unfit-for-human-consumption fish or shellfish flours from Norway have increased for the third consecutive year. In 2021, exports totalled 99.2 thousand tonnes, which is 37.3% higher than the previous year. From 2018 to 2021, exports grew by 78.6%, with a compound annual growth rate of 21.3%.

Annual dynamics of product's exports from Norway in kind, 2018-2021, K t

From 2018 to 2021, the United Kingdom, Denmark, and the United States were the primary buyers of unfit-for-human-consumption fish or shellfish flours from Norway, accounting for 39.0%, 15.9%, and 7.7% of exports in kind, respectively. Together, they represented 62.7% of total exports in kind.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Norway in kind, 2018-2021

Exports in value, M $ US

Norway's exports of unfit-for-human-consumption fish or shellfish flours have increased for the third consecutive year. In 2021, exports amounted to 181.7 million US dollars, showing a sharp 55.4% year-on-year rise. Over the period from 2018 to 2021, exports increased by 80.4%, with a compound annual growth rate of 21.7%.

Annual dynamics of product's exports from Norway in value, 2018-2021, M $ US

From 2018 to 2021, the United Kingdom, Denmark, and the United States remained the main buyers of unfit-for-human-consumption fish or shellfish flours from Norway in value terms, accounting for 39.1%, 14.5%, and 9.2% of exports, respectively. Collectively, they formed 62.8% of total exports in value terms.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Norway in value, 2018-2021

Imports unfit-for-human-consumption fish or shellfish flours to Norway

Imports in kind, K t

After a two-year decline, imports of unfit-for-human-consumption fish or shellfish flours into Norway have increased. In 2021, import volume reached 173.5 thousand tonnes, corresponding to a steep 26.9% uptick compared to the prior year. Between 2018 and 2021, imports rose by 3.1%, equating to an annualized rate of 1.0%. The lowest import volume was recorded in 2020 at 136.7 thousand tonnes, following the largest decline of 14.7% in 2019.

Annual dynamics of product's imports to Norway in kind, 2018-2021, K t

From 2018 to 2021, Iceland, Denmark, and Peru were the principal sources for imports in kind of unfit-for-human-consumption fish or shellfish flours into Norway, accounting for 36.4%, 35.1%, and 8.9% of imports, respectively. Together, they represented 80.4% of total import flows.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Norway in kind, 2018-2021

Imports in value, M $ US

After a two-year reduction, imports of unfit-for-human-consumption fish or shellfish flours into Norway have increased. In 2021, imports amounted to 328.9 million US dollars, up by 39.8% compared to 2020. Between 2018 and 2021, imports grew by 12.7%, equating to an annualized rate of 4.1%. The lowest value was recorded in 2020 at 235.3 million US dollars, which saw the largest decline of 11.7%.

Annual dynamics of product's imports to Norway in value, 2018-2021, M $ US

Throughout 2018 to 2021, Iceland, Denmark, and Uruguay formed the core group of markets for imports in value terms of unfit-for-human-consumption fish or shellfish flours into Norway, accounting for 35.2%, 34.8%, and 9.2% of imports, respectively. Together, they represented 79.1% of total import flows.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Norway in value, 2018-2021