In Denmark, the output of Water Collection, Treatment and Supply has shown varied growth over the past decade. The value in 2023 was 6.24 Billion Danish Krones, signifying a consistent positive trend with some fluctuations. From 2013 to 2019, there was a generally steady increase, except for stagnation in 2016. A notable dip occurred in 2020, attributed to extenuating circumstances, but the sector quickly rebounded in 2021. Over the last two years, the year-on-year variation highlighted minor growth (1.71% in 2023). The Compound Annual Growth Rate (CAGR) over the last five years stands at 2.22%, indicating moderate but stable growth.
- Trend: Significant dip in 2020 followed by a rapid recovery in 2021.
- Future trend: Forecasts show continuous, albeit slower, growth with a predicted CAGR of 1.33% over the next five years, reaching 6.79 Billion Danish Krones by 2028.
Future trends to watch for include the impact of climate change on water resources, technological advancements in water treatment, regulatory changes affecting the industry, and potential shifts in demand due to population and industrial growth.