Key Market Indicators
Norwegian beer sales are projected to hit €1.82 billion by 2026, up 1% from 2021's €1.72 billion. Since 2013, the Norwegian market has grown 1.3% year on year. In 2021, Norway was number 8 in the global ranking, falling behind Italy (€1.72 billion). The UK, Spain and Belgium were ranked second, third and fourth respectively. Norwegian beer consumption is set to reach 280,490 metric tons by 2026, up 0.3% from 2021's 276,000 metric tons. Since 2017, the demand has been rising 0.2% year on year. In 2021, Norway was ranked 67th, lagging behind the Republic of the Congo (276,000 metric tons). The US, Brazil and Germany were the second, third and fourth biggest consumers. Norwegian beer production is expected to reach 625,910 metric tons by 2026, up 3% CAGR from 2021's 522,340 metric tons. Since 1966, the supply has increased 15.6% year on year. Norway ranked 46th in 2021, behind the Dominican Republic (522,340 metric tons). The US, Brazil and Mexico came in second, third and fourth place respectively.