In the period from 2013 to 2023, the production in the Water Collection, Treatment, and Supply sector in Greece experienced considerable fluctuations. Starting at 973.1 million euros in 2013, the sector's value dropped significantly by 24.22% in 2017 to 640.0 million euros. Although there was a slight recovery in 2018, the downward trend continued with notable declines in 2019 (-7.58%) and 2020 (-22.98%). However, between 2021 and 2023, the sector showed signs of recovery with a cumulative positive growth, reaching 587.4 million euros in 2023. The Compound Annual Growth Rate (CAGR) over the past five years shows a slight improvement at -1.93%.
Looking forward, the forecast indicates a continuing slight decline towards 561.2 million euros by 2028. The five-year forecast period shows a negative CAGR of -0.73%. Sector variability is expected to stabilize somewhat, although overall growth remains negative.
Future trends to watch for include:
- The impact of governmental policies and investments in water infrastructure projects.
- Technological advancements in water treatment and supply efficiency.
- Environmental regulations and their enforcement could drive further changes in the sector.
- Climate change impacts, particularly in relation to water scarcity and demand management.
