Forecast:

The forecasted values for 2024-2028 exhibit a steady, slight decline. In 2024, the forecasted value is 62.59, gradually decreasing each subsequent year to 62.35 in 2028. In contrast to 2023, however, there’s no reference data hence no year-on-year change can be calculated against a 2023 baseline. The data suggests a consistent downward trend, albeit minimal, across the forecasted period.

Future trends to watch for:

  • Macroeconomic factors influencing these values could further impact the forecasted decline.
  • Industry innovation or policy changes may disrupt this trend positively or negatively.
  • Regional market dynamics may lead to variations in future forecasts.

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