Wine Market Overview in Norway
The revenue of the wine market in Norway totaled $ in 2019, approximately reflecting the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2009 with an increase of % against the previous year. Norway consumption peaked at $ in 2014; however, from 2015 to 2019, consumption remained at a lower figure.