In 2023, the import value of carbon and graphite brushes to Norway stood at $1.730 million. For 2024, the forecasted value is $1.737 million, showing a slight increase of 0.4% year-on-year. The values for 2025, 2026, 2027, and 2028 are $1.7438 million, $1.7504 million, $1.7568 million, and $1.7631 million, respectively. These represent annual growth rates of approximately 0.39%, 0.38%, 0.37%, and 0.36%, clearly indicating a consistent yet modest upward trend. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 0.38%, illustrating a steady, gradual increase over these years.
Future trends to watch for include technological advancements in brush manufacturing, shifts in global supply chains, and the impact of environmental regulations on the sourcing and use of carbon and graphite materials. The increasing electrification of various sectors may also drive demand, influencing future import values.
