The forecasted import of soya sauce to Norway shows a steady year-on-year growth from 2024 to 2028. The volume increases from 1.9265 million kilograms in 2024 to 2.0805 million kilograms in 2028. Comparing the year-on-year variations, the projection suggests consistent growth rates of approximately 2%. This reflects an average annual growth rate, or Compound Annual Growth Rate (CAGR), of around 2% over the five-year forecast period.
It is essential to note that the data provided for 2024 and onward are forecasted figures. Assuming that the import volume stood at 1.889 million kilograms in 2023, this would indicate a healthy and sustainable growth trend moving forward.
Future trends to watch for include potential increases in demand driven by rising popularity of Asian cuisine, changes in trade policies impacting import volumes, and shifts in consumer preferences toward international food products. Monitoring these factors will be crucial for accurate future forecasting and market analysis.
