The Gross Value Added (GVA) for the seafood industry in Norway for 2023 stood at 45.01 billion Norwegian Kroner. From 2024 to 2028, the forecasted GVA data illustrates a consistent year-on-year increase.
- 2024: 2.31% increase
- 2025: 2.25% increase
- 2026: 2.21% increase
- 2027: 2.12% increase
- 2028: 2.08% increase
The Compound Annual Growth Rate (CAGR) for the period 2024 to 2028 is approximately 2.2%, indicating steady growth.
Future trends to watch for include potential impacts from innovations in aquaculture technology, shifts in global seafood demand, regulatory changes, and environmental factors such as climate change. Tracking these variables will be critical to understanding future market dynamics in the seafood industry in Norway.
