Key Market Indicators
Norwegian Alcoholic Drink Exports are set to reach $149 million by 2026, growing at an average rate of 2.1% year-on-year. Since 1998, Norwegian supply has increased by 2.4% annually. Norwegian Beverage Imports are forecast to reach $1 billion by 2026, increasing 1.8% year-on-year on average. Since 1998, Norwegian demand has grown by 4% annually. In 2021, Norway was the 25th largest importer at $920 million, with Austria ahead at $920 million. The UK, Germany, and China were the second, third and fourth largest importers respectively. Norwegian Beverage Sales are projected to reach $6 billion by 2026, growing at a CAGR of 0.7% year-on-year. Since 1995, the Norwegian market has grown at 2.4% annually. In 2021, Norway was the 37th largest market at $6 billion, with Israel overtaking at $5.8 billion. Japan, Germany, and the UK were the second, third, and fourth largest markets respectively.
