| Product Code: ETC4997291 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Norway continues to rely on imports of halibut, with key suppliers in 2024 being Maldives, Philippines, Sri Lanka, Indonesia, and Oman. The high Herfindahl-Hirschman Index (HHI) indicates strong market concentration. However, there has been a notable decline in the compound annual growth rate (CAGR) from 2020-2024 at -16.27%, with a significant drop in growth rate from 2023-24 at -60.04%. This suggests a challenging market environment for halibut imports in Norway, potentially influenced by various economic factors and market dynamics.

The Halibut market in Norway is projected to grow at a stable growth rate of 0.35% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Norway Halibut Market Overview |
3.1 Norway Country Macro Economic Indicators |
3.2 Norway Halibut Market Revenues & Volume, 2021 & 2031F |
3.3 Norway Halibut Market - Industry Life Cycle |
3.4 Norway Halibut Market - Porter's Five Forces |
3.5 Norway Halibut Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.6 Norway Halibut Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Norway Halibut Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Norway Halibut Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer demand for premium seafood products |
4.2.2 Growing awareness of the health benefits of consuming halibut |
4.2.3 Expansion of distribution channels and export opportunities for Norway halibut |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices affecting production costs |
4.3.2 Strict regulatory requirements for sustainable fishing practices |
4.3.3 Competition from other premium seafood products in the market |
5 Norway Halibut Market Trends |
6 Norway Halibut Market Segmentations |
6.1 Norway Halibut Market, By Category |
6.1.1 Overview and Analysis |
6.1.2 Norway Halibut Market Revenues & Volume, By Pacific Halibut, 2021-2031F |
6.1.3 Norway Halibut Market Revenues & Volume, By Atlantic Halibut, 2021-2031F |
6.1.4 Norway Halibut Market Revenues & Volume, By California Halibut, 2021-2031F |
6.1.5 Norway Halibut Market Revenues & Volume, By Alaska Halibut, 2021-2031F |
6.2 Norway Halibut Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Norway Halibut Market Revenues & Volume, By Store Based, 2021-2031F |
6.2.3 Norway Halibut Market Revenues & Volume, By Non Stored Based, 2021-2031F |
6.2.4 Norway Halibut Market Revenues & Volume, By Others, 2021-2031F |
6.3 Norway Halibut Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Norway Halibut Market Revenues & Volume, By Restaurants, 2021-2031F |
6.3.3 Norway Halibut Market Revenues & Volume, By Personal, 2021-2031F |
6.3.4 Norway Halibut Market Revenues & Volume, By Others, 2021-2031F |
7 Norway Halibut Market Import-Export Trade Statistics |
7.1 Norway Halibut Market Export to Major Countries |
7.2 Norway Halibut Market Imports from Major Countries |
8 Norway Halibut Market Key Performance Indicators |
8.1 Average selling price of Norway halibut |
8.2 Number of new market entries or expansions for Norway halibut |
8.3 Consumer satisfaction and repeat purchase rates for Norway halibut |
9 Norway Halibut Market - Opportunity Assessment |
9.1 Norway Halibut Market Opportunity Assessment, By Category, 2021 & 2031F |
9.2 Norway Halibut Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Norway Halibut Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Norway Halibut Market - Competitive Landscape |
10.1 Norway Halibut Market Revenue Share, By Companies, 2024 |
10.2 Norway Halibut Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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