The import of adhesives based on rubber or plastic to Norway is projected to decrease gradually from 2024 to 2028. Looking at the year-on-year percentages, there is a consistent annual decline of approximately 0.27%. The import volume in 2024 stands at 6.2465 million kilograms, gradually decreasing to 6.1804 million kilograms by 2028. For a better understanding of past trends, it's essential to note that the volume in 2023 was higher than in any of the forecasted years. Over the past five years, including the base year of 2023, the compound annual growth rate (CAGR) shows a slight average decline in imports, reflecting a declining trend.
Future trends to watch for in this market include technological advancements in adhesive formulations, shifts in demand due to environmental regulations, and potential changes in trade policies that may impact international supply chains. Monitoring these factors will be pivotal in understanding how the market for adhesives based on rubber or plastic evolves in Norway.
