| Product Code: ETC4999818 | 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`s squid import market in 2024 continues to show a high level of concentration, with top exporting countries being Thailand, Latvia, Lithuania, Spain, and the USA. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remains strong at 21.7%. This suggests a stable demand for squid imports in Norway, with key suppliers maintaining their position in the market. It will be interesting to monitor how these trends evolve in the coming years and if any new players enter the market.

By 2027, Norway's Squid market is forecasted to achieve a negative growth rate of -0.13%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

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 Squid Market Overview |
3.1 Norway Country Macro Economic Indicators |
3.2 Norway Squid Market Revenues & Volume, 2021 & 2031F |
3.3 Norway Squid Market - Industry Life Cycle |
3.4 Norway Squid Market - Porter's Five Forces |
3.5 Norway Squid Market Revenues & Volume Share, By Products, 2021 & 2031F |
4 Norway Squid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer demand for seafood products, including squid, due to its health benefits and culinary versatility. |
4.2.2 Growing awareness about sustainable fishing practices and the importance of consuming locally sourced seafood in Norway. |
4.2.3 Expansion of distribution channels, such as online retail platforms, making it easier for consumers to access squid products. |
4.3 Market Restraints |
4.3.1 Fluctuations in squid supply due to environmental factors like changing sea temperatures and overfishing. |
4.3.2 Competition from other seafood products, potentially leading to pricing pressures in the Norway squid market. |
4.3.3 Regulatory challenges related to fishing quotas and sustainability standards impacting the availability of squid. |
5 Norway Squid Market Trends |
6 Norway Squid Market Segmentations |
6.1 Norway Squid Market, By Products |
6.1.1 Overview and Analysis |
6.1.2 Norway Squid Market Revenues & Volume, By Fresh, 2021-2031F |
6.1.3 Norway Squid Market Revenues & Volume, By Frozen, 2021-2031F |
6.1.4 Norway Squid Market Revenues & Volume, By Prepared, 2021-2031F |
7 Norway Squid Market Import-Export Trade Statistics |
7.1 Norway Squid Market Export to Major Countries |
7.2 Norway Squid Market Imports from Major Countries |
8 Norway Squid Market Key Performance Indicators |
8.1 Average selling price of squid products in Norway. |
8.2 Number of new sustainable fishing certifications obtained by squid suppliers in Norway. |
8.3 Consumer awareness levels regarding the benefits of consuming squid and supporting local fisheries. |
8.4 Percentage of squid products sold through online retail channels in Norway. |
8.5 Rate of adoption of eco-friendly packaging solutions by squid suppliers in Norway. |
9 Norway Squid Market - Opportunity Assessment |
9.1 Norway Squid Market Opportunity Assessment, By Products, 2021 & 2031F |
10 Norway Squid Market - Competitive Landscape |
10.1 Norway Squid Market Revenue Share, By Companies, 2024 |
10.2 Norway Squid 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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