The Value Added of Transportation and Warehousing in Norway stood at 143 billion Norwegian Krones in 2023. The forecasted value for 2024 is expected to rise to 145.41 billion Norwegian Krones, showing a year-on-year increase of approximately 1.7%. This upward trend continues with 2025 at 146.42 billion NOK (0.7% increase), 2026 at 147.41 billion NOK (0.7% increase), 2027 at 148.38 billion NOK (0.7% increase), and 2028 projected at 149.32 billion NOK (0.6% increase). Over the forecasted five-year period, the Compound Annual Growth Rate (CAGR) is approximately 0.8% per year.
Future trends to watch for include advancements in digital logistics, increasing integration of sustainable practices in transportation, and the potential impact of geopolitical developments on supply chain dynamics.
