The production of non-ferrous metals in Norway was valued at 68.34 billion Norwegian Krones in 2023. Forecasts indicate a steady increase in value from 69.87 billion in 2024 to 75.69 billion in 2028. The year-on-year percentage increments reveal a consistent growth pattern, with increases of around 2.15% to 2.39% annually. The Compound Annual Growth Rate (CAGR) for the period from 2023 to 2028 is approximately 2.60%, showcasing stable expansion in the sector.
Future trends to watch for include technological advancements in metallurgical processes, potential global supply chain disruptions, and evolving environmental regulations. The increasing demand for sustainable and recyclable materials could further propel growth in production values.
