The imports of vitrifiable enamels and glazes for ceramics and glass to Norway have been forecasted to decline over the next five years. The import volume is predicted to decrease from 171.74 thousand kilograms in 2024 to 85.18 thousand kilograms by 2028. This significant drop shows a consistent year-on-year decline, with the highest expected reductions occurring toward the end of the period. In 2023, the actual import volume was higher than the forecasted values for subsequent years, indicating an ongoing downward trend in imports.
Compared to the previous years, the data reveals a substantial reduction in imports from 2024 to 2028, illustrating a high year-on-year decline percentage. The compound annual growth rate (CAGR) over the five-year period is expected to show a negative average annual variation, signifying a substantial decrease in the import volume.
Future trends to watch for include potential changes in local production capacities, shifts in demand for ceramics and glass, and evolving trade policies that may impact import volumes. Monitoring these factors will be crucial in anticipating further changes in the import market.
