The forecasted import values of coffee to Norway indicate a consistent increase from 2024 through 2028. In 2023, the import stood at $190.20 Million. Starting at $191.39 Million in 2024, a year-on-year increase is observed, with imports projected to reach $196.14 Million by 2028. This highlights a steady average annual growth rate of approximately 0.77%, indicating a consistent uptrend over the five-year period.
Future trends to watch for:
- Potential impacts of climate change on coffee-producing regions.- Shifts in consumer preferences towards specialty and sustainable coffee brands.- Trade policies and tariffs affecting coffee import dynamics.- Innovations in coffee processing and supply chain efficiencies.