Forecast: Import of Sugar Confectionery to Norway

The import of sugar confectionery to Norway is forecasted to decline steadily from 2024 to 2028, following actual data from previous years. In 2023, the volume stood at 18.348 million kilograms. Forecasts for the subsequent years are: 18.262 million kilograms in 2024, 18.176 million kilograms in 2025, 18.091 million kilograms in 2026, 18.009 million kilograms in 2027, and 17.928 million kilograms in 2028. The year-on-year percentage declines are modest but consistent, averaging a compound annual growth rate (CAGR) of approximately -0.46% over this five-year span.

Future trends to watch for include shifts in consumer preferences towards healthier alternatives, potential changes in trade policies, and economic factors that could influence import volumes. Additionally, the impact of innovations in the confectionery industry and fluctuating raw material costs are significant factors to monitor.

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