Scandinavia: Market for Cider, Perry, Mead And Other Fermented Beverages 2024

Market Size for Cider, Perry, Mead And Other Fermented Beverages in Scandinavia

The Scandinavia cider, perry and mead market totaled $X in 2021, with an increase of 1.8% against the previous year. Overall, consumption, however, continues to indicate a perceptible shrinkage. The growth pace was the most rapid in 2017 with an increase of 3.2%. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Cider, Perry, Mead And Other Fermented Beverages in Scandinavia

In value terms, cider, perry and mead production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a pronounced downturn. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Exports of Cider, Perry, Mead And Other Fermented Beverages

Exports in Scandinavia

In 2021, overseas shipments of cider, perry, mead and other fermented beverages were finally on the rise to reach X litres for the first time since 2016, thus ending a four-year declining trend. Overall, exports, however, saw a relatively flat trend pattern. The volume of export peaked at X litres in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, cider, perry and mead exports skyrocketed to $X in 2021. Over the period under review, exports, however, showed a slight decline. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Sweden was the major exporter of cider, perry, mead and other fermented beverages in Scandinavia, with the volume of exports finishing at X litres, which was near 75% of total exports in 2021. It was distantly followed by Denmark (X litres), generating a 23% share of total exports. Finland (X litres) followed a long way behind the leaders.

Sweden experienced a relatively flat trend pattern with regard to volume of exports of cider, perry, mead and other fermented beverages. At the same time, Denmark (+4.3%) displayed positive paces of growth. Moreover, Denmark emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +4.3% from 2012-2021. By contrast, Finland (-16.4%) illustrated a downward trend over the same period. Denmark (+7.9 p.p.) significantly strengthened its position in terms of the total exports, while Finland saw its share reduced by -7.7% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) remains the largest cider, perry and mead supplier in Scandinavia, comprising 72% of total exports. The second position in the ranking was held by Denmark ($X), with a 26% share of total exports.

In Sweden, cider, perry and mead exports declined by an average annual rate of -2.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Denmark (+3.6% per year) and Finland (-15.0% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per litre in 2021, surging by 7.8% against the previous year. Over the period under review, the export price, however, showed a mild decrease. Over the period under review, the export prices reached the maximum at $X per litre in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Denmark ($X per litre), while Sweden ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+1.6%), while the other leaders experienced a decline in the export price figures.

Imports of Cider, Perry, Mead And Other Fermented Beverages

Imports in Scandinavia

After five years of decline, purchases abroad of cider, perry, mead and other fermented beverages increased by 8.1% to X litres in 2021. Over the period under review, imports, however, continue to indicate a noticeable curtailment. The volume of import peaked at X litres in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, cider, perry and mead imports amounted to $X in 2021. In general, imports, however, showed a pronounced decline. The pace of growth appeared the most rapid in 2016 with an increase of 11%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Sweden (X litres), Norway (X litres), Denmark (X litres) and Finland (X litres) was the main importer of cider, perry, mead and other fermented beverages in Scandinavia, generating 99% of total import.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Norway (with a CAGR of +7.3%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Sweden ($X), Norway ($X) and Denmark ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 81% of total imports.

In terms of the main importing countries, Norway, with a CAGR of +5.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2021, the import price in Scandinavia amounted to $X per litre, remaining constant against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2016 when the import price increased by 15% against the previous year. The level of import peaked at $X per litre in 2018; afterwards, it flattened through to 2021.

Average prices varied noticeably amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Finland ($X per litre) and Denmark ($X per litre), while Norway ($X per litre) and Sweden ($X per litre) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+2.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform