Mineral and aerated waters market in Norway

Earlier Report Observations

The Norwegian mineral and aerated water market experienced significant fluctuations between 2018 and 2020. After an initial volume of 97 million liters in 2018, consumption dropped to 72.1 million liters in 2019. The following year saw a sharp recovery to 92.6 million liters, driven primarily by the COVID-19 pandemic, which heightened consumer focus on health and safety, boosting demand for mineral water as a perceived healthier beverage alternative.

From 2021 onwards, the market entered a prolonged contraction, with volume falling to 90 million liters in 2021 and then plummeting to 56.1 million liters in 2022. By 2024, the market volume had declined further to 44.2 million liters. During this period of overall decline, the market landscape was shaped by strategic moves from major players, such as Nestlé's $107 million investment in low-carbon logistics for its water brands and PepsiCo's agreement with the premium brand Aqua Carpatica. Concurrently, sustained consumer interest in premium, functional products with added vitamins and a strong emphasis on sustainable packaging continued to define product development and marketing efforts.

Production mineral and aerated waters in Norway

In value, 2018-2021, M $ US

In 2021, Norway's production of mineral and aerated waters was valued at 92.8 million US dollars, marking a significant decline of 11.3% compared to the previous year. Over the period from 2018 to 2021, production decreased by 20.2%, with a compound annual growth rate (CAGR) of -7.2%. The lowest value was recorded in 2019 at 84.9 million US dollars. The largest decline occurred in 2019, with a drop of 27.0%, while the largest increase was seen in 2020, rising by 23.3%.

Annual dynamics of production in Norway in value, 2018-2021, M $ US

In kind, 2018-2021, M l

In 2021, Norway produced 108.9 million liters of mineral and aerated waters, showing a slight decrease of 2.3% compared to 2020. From 2018 to 2021, production fell by 9%, with a compound annual growth rate (CAGR) of -3.1%. The lowest volume was recorded in 2019 at 91.2 million liters. The largest decline took place in 2019, dropping by 23.8%, whereas the largest increase occurred in 2020, rising by 22.2%.

Annual dynamics of production in Norway in kind, 2018-2021, M l

Exports mineral and aerated waters from Norway

Exports in kind, K l

In 2021, Norway's exports of mineral and aerated waters amounted to 20 168 thousand liters, indicating a slight drop of 2.0% compared to the previous year. Over the period from 2018 to 2021, exports decreased by 16.4%, with a compound annual growth rate (CAGR) of -5.8%. The largest decline was recorded in 2019, falling by 15.2%, while the largest increase was seen in 2020, rising by 0.7%.

Annual dynamics of product's exports from Norway in kind, 2018-2021, K l

From 2018 to 2021, the main destinations for Norway's exports of mineral and aerated waters in volume terms were Sweden, accounting for 58.4% of exports, the United States with 20.1%, and the United Arab Emirates at 4.7%. Together, these three countries represented 83.2% of total export flows.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Norway in kind, 2018-2021

Exports in value, K $ US

In 2021, Norway exported mineral and aerated waters worth 16 697 thousand US dollars, which is 5.6% lower than in 2020. The lowest value was recorded in 2019 at 13 900 thousand US dollars, while the highest was in 2020 at 17 684 thousand US dollars. The largest decline occurred in 2019, dropping by 16.2%, and the largest increase was in 2020, rising by 27.2%.

Annual dynamics of product's exports from Norway in value, 2018-2021, K $ US

Throughout 2018 to 2021, the key partners for Norway's exports of mineral and aerated waters in value terms were the United States, representing 36.8% of exports, Sweden with 15.8%, and the United Arab Emirates at 10.6%. Combined, these three countries accounted for 63.2% of total export flows.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Norway in value, 2018-2021

Imports mineral and aerated waters to Norway

Imports in kind, K l

In 2021, Norway's import volume of mineral and aerated waters reached 1 256 thousand liters, down by 29.4% year-over-year. From 2018 to 2021, imports decreased by 17.9%, with a compound annual growth rate (CAGR) of -6.4%. The highest volume was recorded in 2020 at 1 780 thousand liters, and the largest increase occurred in that same year, rising by 30.4%.

Annual dynamics of product's imports to Norway in kind, 2018-2021, K l

From 2018 to 2021, the core sources for Norway's imports of mineral and aerated waters in volume terms were Denmark, accounting for 37.5% of imports, Italy with 26.7%, and Sweden at 25.0%. Together, these three countries made up 89.2% of total import flows.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Norway in kind, 2018-2021

Imports in value, K $ US

Norway's imports of mineral and aerated waters declined for the third consecutive year. In 2021, imports amounted to 1 059 thousand US dollars, corresponding to a slight drop of 2.0% compared to 2020. Over the period from 2018 to 2021, imports decreased by 20.5%, with a compound annual growth rate (CAGR) of -7.4%.

Annual dynamics of product's imports to Norway in value, 2018-2021, K $ US

In 2018 to 2021, the main markets for Norway's imports of mineral and aerated waters in value terms were Denmark, representing 29.2% of imports, Italy with 28.2%, and Sweden at 19.7%. Together, these three countries accounted for 77.2% of total import flows.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Norway in value, 2018-2021