The production in the Water Collection, Treatment, and Supply sector in Norway saw significant changes over the last decade. From 2013 to 2020, there was a general upward trend with annual values increasing steadily. Peaks were observed in 2017 and 2019, followed by a more modest rise till 2020. However, a substantial decline began in 2021, with a decrease from 586.5 million NOK in 2020 to 437.3 million NOK in 2021. This declining trend continued through 2023 with a slight reduction each year, bringing the value to 431.1 million NOK in 2023. Previous 5-year CAGR showcases an average decrease of 4.49% per year from 2018 to 2023.
Future trends to watch for include:
• A continued very slight decline in production, with the forecasted 5-year CAGR from 2024 to 2028 projected at -0.24% per year.
• Potential impacts from environmental regulations, technological advancements and investments in infrastructure that may alter production trends.
• Socioeconomic changes and climate-related factors could significantly affect water demand and supply mechanisms moving forward.
