Between 2013 and 2023, the production of water collection, treatment, and supply in Norway exhibited a generally positive trend, growing from 6.71 billion NOK in 2013 to 10.11 billion NOK in 2023. The sector experienced steady growth, with significant year-on-year variation, particularly in 2020 with a notable decline of 14.46% due to external factors, followed by a sharp increase of 17.8% in 2021. By 2023, the year-on-year growth had stabilized to 2.65% with a Compounded Annual Growth Rate (CAGR) over the last five years of 2.96%.
Future trends to watch for include:
- Sustainable water management practices.
- Legislation changes impacting water quality and treatment standards.
- Technological advancements in water treatment and supply systems.
- Climate change’s impact on water resources.