Pork demand in Norway is projected to grow steadily from 2024 to 2028, increasing from 139.52 thousand metric tons in 2024 to 141.19 thousand metric tons in 2028. The demand recorded in 2023 stood at 139.10 thousand metric tons. This represents moderate year-on-year growth rates of approximately 0.31% from 2024 to 2025, around 0.30% from 2025 to 2026, roughly 0.29% from 2026 to 2027, and about 0.29% from 2027 to 2028. Over the five-year period, the compound annual growth rate (CAGR) is around 0.30%.
Future trends to watch for:
• Shifts in consumer preferences towards alternative proteins.• Impact of sustainability and environmental concerns on pork production and demand.• Potential fluctuations in pork prices due to global supply chain issues.