In 2024, imports of aircraft, spacecraft, and satellites to Norway are expected to reach 1.5883 billion US dollars. This shows a continuation of the growing trend, with an increase to 1.6488 billion US dollars projected for 2025, representing a year-on-year growth of 3.81%. Growth is expected to remain steady, with forecasts for 2026, 2027, and 2028 at 1.7082, 1.7664, and 1.8234 billion US dollars respectively. These values indicate annual growth rates of approximately 3.60% from 2025 to 2026, 3.41% from 2026 to 2027, and 3.23% from 2027 to 2028.
Based on actual values recorded until 2023, analyzing the compounded annual growth rate (CAGR) from 2024 to 2028, the average annual growth is approximately 3.53% over this five-year period. Future trends to watch for include advances in aerospace technology and increased demand for satellite services, which are likely to drive further growth in imports. Additionally, geopolitical factors and regional partnerships may influence the import volumes, along with any significant investments in defense and space exploration by the Norwegian government.
