The turnover in the Wholesale of Metals and Metal Ores sector in Norway shows a significant downward trend from 2024 to 2028. The turnover values for 2024 are forecasted at 5.78 billion Norwegian Krones, a decrease from 2023’s actual value. The subsequent years depict consistent declines year-on-year, with 2025 at 5.28 billion NOK, 2026 at 4.78 billion NOK, 2027 at 4.29 billion NOK, and 2028 at 3.81 billion NOK. The average annual variation (CAGR) over the forecasted five-year period stands at -10.4%, reflecting a substantial contraction in the sector.

Future trends to watch for include:

Global economic factors influencing the demand and pricing of metals and metal ores.
Technological advancements and shifts towards alternative materials and green energy solutions impacting the metals market.
Changes in trade policies and regulations that could affect import and export dynamics within the sector.