The water utility output in Denmark exhibited a notable growth trajectory from 2013 through 2023, marked by an especially significant surge in 2020. The output grew substantially by 36.2% from 2019 to 2020, reaching 1070.0 million euros. Although there was a decline of 14.35% in 2021, the years 2022 and 2023 saw positive growth rates of 4.22% and 4.01% respectively. As of 2023, the output stood at 992.3 million euros.
Looking forward to the forecasted period from 2024 to 2028, the average annual growth rate is set to be 2.72%. The forecasted growth in this period is more stable with a more moderate but consistent upward trend reaching 1180.0 million euros by 2028.
Trends to watch for include:
- Stabilization in water utility output post the significant fluctuations observed in the early 2020s.
- Continued investment in water infrastructure to meet growing demand and environmental standards.
- Technological advancements in water management and conservation practices potentially driving efficiency and output.