| Product Code: ETC5000483 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Norway`s tuna import market in 2024 saw significant growth, with top exporting countries including Vietnam, Japan, Spain, India, and Australia. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive compound annual growth rate (CAGR) of 27.92% from 2020 to 2024 highlights the increasing demand for tuna in Norway. Moreover, the notable growth rate of 59.53% from 2023 to 2024 suggests a surge in import shipments, reflecting a flourishing market for tuna in the country.
Norways tuna market is relatively small compared to its extensive salmon industry, but it plays a key role in the seafood sector. The demand for fresh and processed tuna is growing, driven by the countrys focus on healthy eating and the popularity of sushi. Although much of the tuna consumed in Norway is imported, efforts are underway to increase domestic sourcing through sustainable fishing practices.
The tuna market in Norway is driven by the high demand for tuna as a source of protein, both domestically and in export markets. Norway`s growing interest in healthy eating habits, where tuna is favored for its high protein and low-fat content, is contributing to this demand. Additionally, the expansion of Norways seafood processing and export capabilities strengthens the tuna market. Sustainable fishing practices and the rising popularity of tuna in various culinary applications are further enhancing market growth.
In the tuna market, sustainability issues present significant challenges. Overfishing and the depletion of tuna stocks have raised concerns among consumers and regulatory bodies alike. Companies must navigate complex sustainability certifications and traceability requirements, which can be resource-intensive. Furthermore, fluctuations in global supply chains, influenced by geopolitical tensions and climate change, can disrupt the availability of tuna, impacting pricing and market stability.
Norway`s tuna market is affected by both domestic and international fisheries regulations that promote sustainable fishing practices. The government actively participates in international agreements to manage tuna stocks responsibly, ensuring the long-term viability of tuna fisheries. Initiatives aimed at certifying sustainable seafood sources also enhance consumer trust and market growth, making sustainable practices a focal point for industry stakeholders.
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 Tuna Market Overview |
3.1 Norway Country Macro Economic Indicators |
3.2 Norway Tuna Market Revenues & Volume, 2021 & 2031F |
3.3 Norway Tuna Market - Industry Life Cycle |
3.4 Norway Tuna Market - Porter's Five Forces |
3.5 Norway Tuna Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Norway Tuna Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of consuming tuna |
4.2.2 Growing demand for convenient and ready-to-eat food products |
4.2.3 Expansion of distribution channels for tuna products in Norway |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Environmental concerns related to overfishing and sustainability of tuna stocks |
5 Norway Tuna Market Trends |
6 Norway Tuna Market Segmentations |
6.1 Norway Tuna Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Norway Tuna Market Revenues & Volume, By Canned, 2021-2031F |
6.1.3 Norway Tuna Market Revenues & Volume, By Frozen, 2021-2031F |
6.1.4 Norway Tuna Market Revenues & Volume, By Fresh, 2021-2031F |
7 Norway Tuna Market Import-Export Trade Statistics |
7.1 Norway Tuna Market Export to Major Countries |
7.2 Norway Tuna Market Imports from Major Countries |
8 Norway Tuna Market Key Performance Indicators |
8.1 Percentage of Norwegian households consuming tuna products |
8.2 Number of new product launches in the Norwegian tuna market |
8.3 Average annual growth rate of tuna imports to Norway |
9 Norway Tuna Market - Opportunity Assessment |
9.1 Norway Tuna Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Norway Tuna Market - Competitive Landscape |
10.1 Norway Tuna Market Revenue Share, By Companies, 2024 |
10.2 Norway Tuna Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |