In 2023, the public water supply to the services sector in Norway stood at 52.06 million cubic meters. The forecasted data indicates minimal growth with values remaining consistent at 52.07 million cubic meters from 2024 to 2026, experiencing a slight increase to 52.08 million cubic meters in 2027 and 2028. This indicates a stable supply trend with negligible year-on-year variation.
Year-on-year variation percentage:
- 2024 to 2025: 0%
- 2025 to 2026: 0%
- 2026 to 2027: approximately 0.02%
- 2027 to 2028: 0%
The compound annual growth rate (CAGR) over the last five years is insignificant, showing almost no deviation at approximately 0.01% per annum.
Future trends to watch for:
- Impact of regulatory changes on water consumption and supply.
- Technological advancements in water efficiency within the services sector.
- The influence of environmental sustainability initiatives on water usage.
