Norway’s growing imports of tapioca starch, primarily sourced from Thailand and supplemented by imports from the Netherlands, Spain, France, and Chinese Taipei, demonstrate the country’s increasing demand for this commodity. The upward trend in imports from Spain, the Netherlands, and Chinese Taipei indicates expanding market opportunities and a diversifying import landscape.
Norway’s Tapioca Starch Imports
In 2021, Norway imported approximately $815k worth of tapioca starch, securing its rank as the 51st largest global importer of this product. Tapioca starch occupied the 2903rd spot among Norway’s most imported goods, signifying its moderate significance within the country’s overall import landscape.
Thailand stood out as the primary source of Norway’s tapioca starch imports, accounting for the majority share with imports valued at $629k. The Netherlands, Spain, France, and Chinese Taipei were also noteworthy import partners, contributing respective values of $60.6k, $60k, $46.3k, and $6.04k.
Between 2020 and 2021, Norway experienced notable growth in its import market for tapioca starch. Spain exhibited the highest growth rate, with an increase of $58.8k. The Netherlands and Chinese Taipei also demonstrated positive growth during this period, with increases of $48k and $6.04k, respectively.
In 2019, the average tariff for tapioca starch in Norway was relatively high, reaching 128%. It is noteworthy that certain countries imposed the highest import tariffs on tapioca starch. Botswana, Lesotho, Namibia, Eswatini, and South Africa all had a preferential tariff of 171% for Southern African Customs Union (SACU) countries.
Importing Tapioca Starch from Vietnam
Vietnam has emerged as a prominent supplier of tapioca starch to the Norway market. In 2021, the total value of tapioca starch imports from Vietnam amounted to an impressive $1,272. This significant figure indicates that Vietnam’s tapioca starch holds a strong position in the market and is poised to maintain its presence in Norway in the years to come. The reasons behind this sustained importation are primarily attributed to the product’s superior quality and competitive pricing.
Norway benefits from Vietnam’s tapioca starch exports, which provide a dependable supply of this vital ingredient. The substantial import value from Vietnam underscores Norway’s confidence in Vietnam as a trusted and preferred partner for fulfilling its tapioca starch requirements. With its consistent quality and competitive pricing, Vietnam’s tapioca starch has proven to be a reliable source that meets Norway’s demand for this essential product.