The forecasted hours worked by employees in the spirits sector in Norway are set to decline steadily from 2024 to 2028. In 2023, this figure stood at 175.00 thousand hours. Compared to 2023, 2024 shows a decrease of 9%. For 2025, the year-on-year change relative to 2024 reveals an 11% drop, while 2026 witnesses yet another 11% decline. The trend continues with an approximate 12% reduction in 2027 and 13% in 2028. The Compound Annual Growth Rate (CAGR) over this five-year period is forecasted to be -10.5%.
Future trends to watch for include potential shifts in consumer behavior towards lower alcohol consumption or alternatives, increased automation and efficiency in production processes, and broader economic factors that could influence employment needs within the sector.
