Between 2013 and 2014, the production volumes in Greece’s water collection, treatment, and supply industry increased moderately at a CAGR of 4.88%. However, the period from 2015 to 2023 showed a mixed pattern with a significant dip in 2015, followed by fluctuations and an overall declining trend. As of 2023, the industry's production volume stood at 1.03 billion Euros. Over the last two years, slight declines of -1.42% were observed each year. The last five years indicate an average annual decrease of -1.3%.
Looking forward, the forecasted values from 2024 to 2028 suggest a continued decline. The forecasted 5-year CAGR is -1.23%, resulting in a total expected reduction of -6.02% by 2028 to 0.9498 billion Euros. Several future trends to watch for include:
- Resource management strategies aimed at improving water efficiency and reducing waste.
- Potential regulatory changes and investments in infrastructure.
- Technological advancements in water treatment and collection processes.
- Impacts of climate change potentially affecting water availability and industry operations.
