The forecasted demand for grapes in Norway from 2024 to 2028 shows a steady but minimal increase. The demand is projected to rise from 31.01 thousand metric tons in 2024 to 31.04 thousand metric tons by 2028. This indicates a negligible year-on-year variation of around 0.01 to 0.02% annually, with the values remaining stable and showing very little fluctuation.
- 2024: 31.01 thousand metric tons
- 2025: 31.02 thousand metric tons
- 2026: 31.03 thousand metric tons
- 2027: 31.03 thousand metric tons
- 2028: 31.04 thousand metric tons
Notably, this pattern reflects a continuing trend with a Compound Annual Growth Rate (CAGR) of approximately 0.01% over the five-year period from 2024 to 2028, mirroring the minor increases observed year-on-year.
Future Trends to Watch For:
It's important to monitor potential factors that could impact future demand such as changes in consumer health trends, price fluctuations, and alternative fruit competition. Additionally, shifts in supply chain dynamics and potential climate impacts on grape production may also play a significant role in shaping the market landscape.