The turnover in the sea and coastal passenger water transport sector in Norway is forecasted to rise steadily from 2024 to 2028. The value for 2024 is anticipated at 20.41 billion Norwegian Krones, with subsequent yearly increases: 20.94 billion in 2025, 21.46 billion in 2026, 21.98 billion in 2027, and 22.48 billion in 2028. As of 2023, the turnover stood at X billion Norwegian Krones, reflecting completed data prior to forecasts.
Year-on-year variations indicate:
- A rise of approximately 2.6% from 2024 to 2025
- A 2.5% increase from 2025 to 2026
- A 2.4% climb from 2026 to 2027
- Finally, a 2.2% boost from 2027 to 2028
Over the last five years, the Compound Annual Growth Rate (CAGR) stands at around 2.4%, demonstrating a consistent upward trend in turnover within this sector.
Future trends to watch for include advancements in sustainable maritime technologies, changes in tourism patterns due to global economic shifts, and regulatory changes impacting the maritime transport sector.
