The production value of water collection, treatment, and supply in Denmark has shown a general upward trend from 2013 to 2023, reaching 6.07 billion Danish Krones in 2023. Despite occasional declines, such as a 15.38% drop in 2020, the year-on-year growth rate has mostly been positive. Significant rebounds, like the 22.75% increase in 2021, contributed to the overall increase. The compound annual growth rate (CAGR) over the last five years until 2023 was steady at around 2.01%.
Looking forward, forecasted data from 2024 to 2028 suggests continual growth at a lower CAGR of 1.35%, reaching up to 6.61 billion Danish Krones in 2028. This forecasted growth rate indicates a more moderate but positive expansion.
Future Trends to Watch For:
- Climate Change Impact: Potentially affecting water availability and necessitating improved infrastructure.
- Technological Advancements: Innovations in water treatment and supply efficiency.
- Regulations: Stricter environmental regulations could drive higher production costs.
- Population Growth: Increasing demand for water resources.