The production value has fluctuated over the years, with notable declines in 2014 (-1.43%) and 2020 (-7.22%), and significant increases in 2017 (4.98%) and 2021 (6.06%). Over the last two years, the year-on-year variations were 1.53% for 2022 and 1.49% for 2023. The forecasted 5-year CAGR from 2023 to 2028 is 1.1%, with an overall forecasted 5-year growth rate of 5.6%.
Future trends to monitor include the integration of renewable energy sources, advancements in smart grid technologies, and policy changes that could impact the sector's growth. Continuous innovation and regulatory support will be crucial for sustaining upward trends in production value.
