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

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

The Scandinavia cider, perry and mead market declined to $X in 2022, falling by X% against the previous year. Over the period under review, consumption recorded a drastic downturn. The pace of growth was the most pronounced in 2017 when the market value increased by X%. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, 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 contracted slightly to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Cider, Perry, Mead And Other Fermented Beverages

Exports in Scandinavia

In 2022, shipments abroad of cider, perry, mead and other fermented beverages increased by X% to X litres, rising for the second year in a row after four years of decline. Over the period under review, exports, however, saw a slight contraction. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum at X litres in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, cider, perry and mead exports declined slightly to $X in 2022. Overall, exports, however, showed a pronounced reduction. The growth pace was the most rapid in 2021 with an increase of X%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sweden prevails in exports structure, amounting to X litres, which was approx. X% of total exports in 2022. It was distantly followed by Finland (X litres), generating 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. While the share of Sweden (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Finland (X p.p.) displayed negative dynamics.

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 contracted by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Scandinavia stood at $X per litre in 2022, shrinking by X% against the previous year. Overall, the export price recorded a slight downturn. The most prominent rate of growth was recorded in 2014 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per litre. From 2015 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per litre), while Sweden stood at $X per litre.

From 2012 to 2022, 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

In 2022, purchases abroad of cider, perry, mead and other fermented beverages increased by X% to X litres, rising for the third year in a row after seven years of decline. Over the period under review, imports, however, showed a slight downturn. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X litres in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, cider, perry and mead imports shrank modestly to $X in 2022. Overall, imports, however, showed a mild setback. The growth pace was the most rapid in 2018 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Sweden (X litres) and Norway (X litres) were the key importers of cider, perry, mead and other fermented beverages in 2022, reaching approx. X% and X% of total imports, respectively. It was distantly followed by Finland (X litres), achieving a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Norway (with a CAGR of X%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, the largest cider, perry and mead importing markets in Scandinavia were Sweden ($X), Norway ($X) and Finland ($X).

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

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per litre, declining by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the import price increased by X% against the previous year. The level of import peaked at $X per litre in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, 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 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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