In 2023, the production value for the wholesale of metals and metal ores sector in Norway stood at 2.57 billion Norwegian Krones. The forecasted data from 2024 to 2028 shows a steady, albeit slight, increase in the sector's production value. Specifically, the production values are expected to remain at 2.58 billion NOK for 2024 and 2025, slightly rising to 2.59 billion NOK in 2026, 2.6 billion NOK in 2027, and reaching 2.61 billion NOK by 2028. The average compound annual growth rate (CAGR) over the five-year forecast period is minimal but positive, indicating a stable yet slow growth trajectory for the sector.

Future trends to watch for in the metals and metal ores sector in Norway include:

Technological advancements and automation which could drive efficiency and reduce costs.
Fluctuations in global demand and prices for metals, influenced by economic conditions and industrial activity.
Environmental regulations and sustainability practices impacting production methods and expenses.
Potential impact of geopolitical factors on supply chains and market dynamics.