Scandinavia: Market for Cider, Perry, Mead And Other Fermented Beverages 2024

Market Size for Cider, Perry, Mead And Other Fermented Beverages in Scandinavia

In 2023, after three years of decline, there was significant growth in the Scandinavia cider, perry and mead market, when its value increased by X% to $X. In general, consumption, however, continues to indicate a abrupt contraction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Production of Cider, Perry, Mead And Other Fermented Beverages in Scandinavia

In value terms, cider, perry and mead production reduced modestly to $X in 2023 estimated in export price. In general, production, however, showed a deep contraction. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Exports of Cider, Perry, Mead And Other Fermented Beverages

Exports in Scandinavia

In 2023, overseas shipments of cider, perry, mead and other fermented beverages decreased by X% to X litres for the first time since 2020, thus ending a two-year rising trend. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure at X litres in 2016; however, from 2017 to 2023, the exports failed to regain momentum.

In value terms, cider, perry and mead exports expanded rapidly to $X in 2023. Overall, exports continue to indicate a slight decrease. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

Exports by Country

Sweden dominates exports structure, accounting for X litres, which was near X% of total exports in 2023. It was distantly followed by Finland (X litres), comprising a X% share of total exports.

Sweden experienced a relatively flat trend pattern with regard to volume of exports of cider, perry, mead and other fermented beverages. Finland (X%) illustrated a downward trend over the same period. Sweden (X p.p.) significantly strengthened its position in terms of the total exports, while Finland saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Sweden ($X) remains the largest cider, perry and mead supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was held by Finland ($X), with a X% share of total exports.

In Sweden, cider, perry and mead exports shrank by an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in Scandinavia amounted to $X per litre, growing by X% against the previous year. In general, the export price, however, saw a mild contraction. Over the period under review, the export prices reached the maximum at $X per litre in 2014; however, from 2015 to 2023, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Sweden ($X per litre), while Finland stood at $X per litre.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Finland (X%).

Imports of Cider, Perry, Mead And Other Fermented Beverages

Imports in Scandinavia

After three years of growth, supplies from abroad of cider, perry, mead and other fermented beverages decreased by X% to X litres in 2023. Over the period under review, imports saw a mild slump. The growth pace was the most rapid in 2021 with an increase of X%. The volume of import peaked at X litres in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, cider, perry and mead imports expanded significantly to $X in 2023. Overall, imports saw a relatively flat trend pattern. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Norway (X litres) and Sweden (X litres) were the largest importers of cider, perry, mead and other fermented beverages in 2023, accounting for approx. X% and X% of total imports, respectively. It was distantly followed by Finland (X litres), comprising a X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Norway (with a CAGR of X%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Sweden ($X), Norway ($X) and Finland ($X) were the countries with the highest levels of imports in 2023.

Norway, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2023, the import price in Scandinavia amounted to $X per litre, surging by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, import prices hit record highs in 2023 and is likely to see gradual growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Sweden ($X per litre), while Norway ($X per litre) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform