| Product Code: ETC5344554 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Norway`s import of whale oil in 2024 continued to be dominated by neighboring countries such as Sweden, Denmark, and Finland, as well as Poland and the UK. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market in 2024, with significant market power held by a few key exporters. The impressive compound annual growth rate (CAGR) of 27.68% from 2020 to 2024 highlights the increasing demand for whale oil in Norway. Furthermore, the notable growth rate of 35.37% from 2023 to 2024 suggests a continued upward trend in import volumes, signaling potential opportunities for market players.

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 Whale Oil Market Overview |
3.1 Norway Country Macro Economic Indicators |
3.2 Norway Whale Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Norway Whale Oil Market - Industry Life Cycle |
3.4 Norway Whale Oil Market - Porter's Five Forces |
3.5 Norway Whale Oil Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.6 Norway Whale Oil Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.7 Norway Whale Oil Market Revenues & Volume Share, By Extraction Process, 2021 & 2031F |
3.8 Norway Whale Oil Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Norway Whale Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and demand for sustainable and eco-friendly products |
4.2.2 Growing popularity of natural skincare and beauty products |
4.2.3 Expansion of the cosmetic and pharmaceutical industries in incorporating natural ingredients |
4.3 Market Restraints |
4.3.1 Stringent regulations and restrictions on whaling and whale oil production |
4.3.2 Rising concerns over animal welfare and conservation of marine species |
5 Norway Whale Oil Market Trends |
6 Norway Whale Oil Market Segmentations |
6.1 Norway Whale Oil Market, By Nature |
6.1.1 Overview and Analysis |
6.1.2 Norway Whale Oil Market Revenues & Volume, By Organic, 2021-2031F |
6.1.3 Norway Whale Oil Market Revenues & Volume, By Conventional, 2021-2031F |
6.2 Norway Whale Oil Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Norway Whale Oil Market Revenues & Volume, By Food Processing, 2021-2031F |
6.2.3 Norway Whale Oil Market Revenues & Volume, By Cosmetic and Personal Care Products, 2021-2031F |
6.2.4 Norway Whale Oil Market Revenues & Volume, By Biodiesel, 2021-2031F |
6.2.5 Norway Whale Oil Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.2.6 Norway Whale Oil Market Revenues & Volume, By Households, 2021-2031F |
6.3 Norway Whale Oil Market, By Extraction Process |
6.3.1 Overview and Analysis |
6.3.2 Norway Whale Oil Market Revenues & Volume, By Solvent-Extracted, 2021-2031F |
6.3.3 Norway Whale Oil Market Revenues & Volume, By Cold-Pressed, 2021-2031F |
6.4 Norway Whale Oil Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Norway Whale Oil Market Revenues & Volume, By Direct Sales, 2021-2031F |
6.4.3 Norway Whale Oil Market Revenues & Volume, By Hypermarkets/Supermarkets, 2021-2031F |
6.4.4 Norway Whale Oil Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.4.5 Norway Whale Oil Market Revenues & Volume, By Specialty Retail Stores, 2021-2031F |
6.4.6 Norway Whale Oil Market Revenues & Volume, By Traditional Grocery Stores, 2021-2031F |
6.4.7 Norway Whale Oil Market Revenues & Volume, By Online Retailers, 2021-2031F |
7 Norway Whale Oil Market Import-Export Trade Statistics |
7.1 Norway Whale Oil Market Export to Major Countries |
7.2 Norway Whale Oil Market Imports from Major Countries |
8 Norway Whale Oil Market Key Performance Indicators |
8.1 Percentage of whale oil used in the cosmetic industry in Norway |
8.2 Number of new product launches containing whale oil |
8.3 Research and development investment in finding sustainable alternatives to whale oil |
9 Norway Whale Oil Market - Opportunity Assessment |
9.1 Norway Whale Oil Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.2 Norway Whale Oil Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.3 Norway Whale Oil Market Opportunity Assessment, By Extraction Process, 2021 & 2031F |
9.4 Norway Whale Oil Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Norway Whale Oil Market - Competitive Landscape |
10.1 Norway Whale Oil Market Revenue Share, By Companies, 2024 |
10.2 Norway Whale Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |