The public water supply to industry and households in Norway is forecasted to steadily increase from 526.19 million cubic meters in 2024 to 526.21 million cubic meters by 2028. The data for 2024 and beyond are forecasted, while prior years are based on actual figures. From 2023 to 2024, the value stood at 526.19 million cubic meters.
Year-on-year variations are minimal, indicating consistent demand with nearly flat annual growth:
- 2024 to 2025: 0.002% increase
- 2025 to 2026: 0% increase
- 2026 to 2027: 0.002% increase
- 2027 to 2028: 0% increase
Over the last two years, the public water supply has shown marginal growth. The compound annual growth rate (CAGR) over the next five years reflects an average annual increase of approximately 0.001%.
Future trends to watch for include potential impacts of climate change on water resources, shifts in industrial water usage patterns, and advancements in water conservation technologies. These factors could influence the forecasted stability and call for adjustments in water management strategies.
