The import of contraceptives to Norway for 2024 is forecasted at 9.1836 million USD, showing a slight year-on-year decrease from previous years. This trend continues with reductions to 9.0705 million USD in 2025, 8.9596 million USD in 2026, 8.851 million USD in 2027, and 8.7445 million USD in 2028. From the year 2023 to 2024, there is a moderate decline observed. This trend of decline persists through the forecast period, reflecting a gradual decrease in import values year-on-year over the last two years.
Considering a five-year CAGR, the average annual decrease is consistent, indicating a stable trend of slight reduction in import value each year.
Future trends to watch for:
- Changes in domestic production capabilities that might reduce reliance on imports.
- Potential shifts in contraception usage patterns due to demographic or policy changes.
- Economic factors that could affect import costs, including currency exchange rates and trade policies.