The year-on-year variations are as follows: 2013 (4.55%), 2014 (-5.22%), 2015 (4.59%), 2016 (5.26%), 2017 (4.17%), 2018 (-14.40%), 2019 (-3.74%), 2020 (-15.53%), 2021 (19.54%), and 2022 (-0.96%). Over the last two years, there has been fluctuation with an overall decreasing trend recently. The Compound Annual Growth Rate (CAGR) over the last 5 years is approximately -0.02%, indicating almost a stable trend.
Future trends to watch include the potential impact of new construction technologies and sustainable building practices on Gypsum and Anhydride demand. Regulatory changes and the introduction of eco-friendly materials could also influence market dynamics.
