The forecast for non-metallic minerals direct material inputs in Norway displays moderate year-on-year growth, starting from 20.99 Metric Tons Per Capita in 2024 and steadily increasing to 21.97 Metric Tons Per Capita by 2028. Comparing 2023 levels with forecast data, there's a consistent upward trend with slight annual increases. Specifically, the year-on-year percentage variations are 1.29% from 2024 to 2025, 1.18% from 2025 to 2026, 1.12% from 2026 to 2027, and 1.01% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over this five-year period is approximately 1.15%.
Future trends to watch include:
- Impact of technological advancements on mining efficiency and material utilization.
- Governmental environmental regulations and their potential effect on production volumes.
- Market demand shifts driven by construction, manufacturing, and other key industries.
- Global economic conditions and trade policies influencing raw material prices and availability.