Whole cow milk cheese production in Norway is forecasted to slightly decline from 72.79 thousand metric tons in 2024 to 71.78 thousand metric tons by 2028. This indicates a steady but slow decrease in production volumes. The year-on-year variations show a marginal drop each year, highlighting a cautious trend of reduction.
Key observations:
- From 2024 to 2025: The production is expected to decline by approximately 0.36%.- From 2025 to 2026: The decline continues at roughly 0.35%.- From 2026 to 2027: Another slight drop of around 0.36%.- From 2027 to 2028: A further decrease of about 0.33%.- Compound Annual Growth Rate (CAGR) from 2024 to 2028 shows a small negative growth rate.
Future trends to watch for:
- Potential changes in domestic and international demand for whole cow milk cheese.- Advances in cheese production technology that may affect efficiency and yield.- Regulatory changes impacting dairy farming and cheese production.- Environmental factors affecting cow milk production and subsequently cheese production volumes.
