The sold production of crude or roughly trimmed granite in Norway is projected to grow from 3.7592 billion kilograms in 2024 to 5.3883 billion kilograms by 2028. Comparing these figures with the 2023 actual value of 3.4678 billion kilograms, we observe a consistent year-on-year increase.

Here are the year-on-year percentage variations:

2024 vs. 2023: 8.42%
2025 vs. 2024: 10.98%
2026 vs. 2025: 9.82%
2027 vs. 2026: 8.83%
2028 vs. 2027: 8.05%

The Compound Annual Growth Rate (CAGR) over the five-year period from 2023 to 2028 is approximately 9.62%.

Future trends to watch for:

Technological advancements in granite extraction and processing that could optimize production efficiency.
Potential fluctuations in global demand and international trade policies affecting the granite market.
Environmental regulatory changes that may impact quarry operations and granite supply chains.
Economic conditions and infrastructure projects that can drive the demand for granite in both domestic and global markets.