Norway - Soft Drinks - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNorway: Soft Drink Market 2024
Soft Drink Market Size in Norway
In 2021, the Norwegian soft drink market increased by 1.3% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, showed a mild reduction. The most prominent rate of growth was recorded in 2016 when the market value increased by 9.7% against the previous year. Soft drink consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.
Soft Drink Production in Norway
In value terms, soft drink production reduced modestly to $X in 2021 estimated in export price. Overall, production, however, saw a pronounced contraction. The growth pace was the most rapid in 2016 when the production volume increased by 12%. Soft drink production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.
Soft Drink Exports
Exports from Norway
In 2021, overseas shipments of soft drinks increased by 17% to X litres for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports posted prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of 57% against the previous year. Over the period under review, the exports reached the peak figure at X litres in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.
In value terms, soft drink exports soared to $X in 2021. Overall, exports showed a slight increase. The growth pace was the most rapid in 2017 when exports increased by 56% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.
Exports by Country
Sweden (X litres) was the main destination for soft drink exports from Norway, accounting for a 94% share of total exports. It was followed by Germany (X litres), with a 1.5% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of volume to Sweden totaled +6.2%.
In value terms, Sweden ($X) remains the key foreign market for soft drink exports from Norway, comprising 80% of total exports. The second position in the ranking was held by Germany ($X), with a 2.1% share of total exports.
From 2012 to 2021, the average annual growth rate of value to Sweden was relatively modest.
Export Prices by Country
The average soft drink export price stood at $X per litre in 2021, picking up by 1.7% against the previous year. Overall, the export price, however, showed a pronounced slump. The pace of growth was the most pronounced in 2019 when the average export price increased by 23%. The export price peaked at $X per litre in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.
Prices varied noticeably country of destination: the country with the highest price was Germany ($X per litre), while the average price for exports to Sweden amounted to $X per litre.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-4.3%).
Soft Drink Imports
Imports into Norway
In 2021, approx. X litres of soft drinks were imported into Norway; jumping by 22% compared with the previous year. Over the period under review, imports posted a resilient increase. The growth pace was the most rapid in 2020 when imports increased by 30% against the previous year. Imports peaked in 2021 and are likely to continue growth in the near future.
In value terms, soft drink imports skyrocketed to $X in 2021. Overall, imports enjoyed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports by Country
Sweden (X litres), the Netherlands (X litres) and Switzerland (X litres) were the main suppliers of soft drink imports to Norway, together accounting for 62% of total imports. Belgium, Finland, Germany, Austria and Spain lagged somewhat behind, together accounting for a further 26%.
From 2012 to 2021, the biggest increases were in Finland (with a CAGR of +30.1%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the Netherlands ($X), Sweden ($X) and Switzerland ($X) constituted the largest soft drink suppliers to Norway, together accounting for 62% of total imports. Belgium, Germany, Austria, Finland and Spain lagged somewhat behind, together comprising a further 24%.
Finland, with a CAGR of +24.1%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average soft drink import price stood at $X per litre in 2021, rising by 4.5% against the previous year. In general, the import price, however, continues to indicate a perceptible setback. The pace of growth appeared the most rapid in 2014 an increase of 11% against the previous year. As a result, import price attained the peak level of $X per litre. From 2015 to 2021, the average import prices remained at a somewhat lower figure.
Prices varied noticeably country of origin: the country with the highest price was Switzerland ($X per litre), while the price for Finland ($X per litre) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the soft drink market in Norway. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 11071930 - Waters, with added sugar, other sweetening matter or flavoured, i.e. soft drinks (including mineral and aerated)
- Prodcom 11071950 - z Non-alcoholic beverages not containing milk fat (excluding sweetened or unsweetened mineral, aerated or flavoured waters)
- Prodcom 11071970 - Non-alcoholic beverages containing milk fat
- Prodcom 110000Z1 - Non-alcoholic beverages, not containing milk, milk products and fats derived therefrom (excl. water, fruit or vegetable juices)
- Prodcom 11051010 - Non-alcoholic beer and beer containing . 0.5% alcohol
Country coverage:
- Norway
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Norway
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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