Boston, MA -- (ReleaseWire) -- 03/04/2014 -- Published by Canadean, this Quarterly Beverage Tracker report provides a detailed analysis of the latest developments in the Norway beverage market
Introduction and Landscape
Why was the report written?
In the current climate of economic uncertainty and market volatility companies need to know about more than just data. This report provides a complete overview of all commercial beverage consumption trends, latest market developments and an economic mood indicator
What is the current market landscape and what is changing?
After a weak Q2-13, growth in mainland Norway's gross domestic product (GDP) rose to 0.5% in Q3-13, according to the latest seasonally-adjusted volume figures from the Central Statistics Bureau. This is somewhat lower than trend growth.
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What are the key drivers behind recent market changes?
The Budget 2014 proposals were ratified by the new Government on 8 November 2013. The former government, Stoltenberg II, increased the tax level, whereas the new Government is reducing taxes. The new center-right government is giving priority to tax cuts promoting economic growth and contributing to long-term security of the welfare system. Overall, the tax relief amounts to NOK8 bn accrued and NOK4.8 bn booked in 2014.
What makes this report unique and essential to read?
Designed for clients who want to understand the latest trends in the Norway beverage industry and want more detail and analysis on this data. Canadean's Norway Quarterly Beverage Tracker report is ideal for benchmarking total market vs retail audit data and is an essential tool for keeping up-to-date with the latest industry and market developments
Key Features and Benefits
Readers are provided with a summary snap shot table showing category growth in Q42013vs Q42012, together with provisional 2013volumes and latest2014 forecasts
An economic mood indicator, completed by Canadean's local consultant, examines (on a scale of one to five) whether confidence levels in the industry are better or worse than the previous quarter, whether net prices are rising or falling and how Private Label products have performed versus the rest of the market. Selected retail pricing data is given for the most recent quarter and the previous four quarters, enabling analysis of price movements.
Key highlights of the last quarter's commercial beverage performance are identified and the key market drivers examined
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