Based on the forecasted data for the import of woven fabric of glass fibres to Norway, the value stands at 1.6329 million kilograms in 2024 with a gradual decline projected over the following years. The figures show a year-on-year decrease of approximately 1.14% from 2024 to 2025, 1.12% from 2025 to 2026, 1.11% from 2026 to 2027, and 1.10% from 2027 to 2028. This trend suggests a compound annual growth rate (CAGR) decline of about 1.12% over the five-year period from 2024 to 2028.
In 2023, the import volume was recorded at 1.6329 million kilograms, indicating no immediate change in 2024 but a consistent decrease thereafter. Importers and stakeholders should monitor:
- Global supply chain changes
- Fluctuations in manufacturing demands
- Technological advancements in alternative materials
- Policy regulations impacting trade dynamics