The Gross Investment in Norway's Mining and Quarrying sector is projected to witness a steady increase from 2024 to 2028. The sector's investment values are forecasted at NOK 178.58 billion in 2024, rising to NOK 208.07 billion by 2028. This positive trend indicates a robust annual growth with year-on-year variations of approximately 4.2% from 2024 to 2025, 4% from 2025 to 2026, 3.8% from 2026 to 2027, and 3.6% from 2027 to 2028.
Key Points:
• In 2023, the actual gross investment stood at NOK 170 billion.
• From 2023 to 2028, the Compound Annual Growth Rate (CAGR) is around 4.1%, reflecting a consistent and healthy expansion in the sector.
Future trends to watch for include the impact of technological advancements in extraction and processing, regulatory changes, global commodity prices, and environmental sustainability practices. These factors will shape the investment landscape in the coming years.
