Historical data shows fluctuating trends, with significant drops in 2015 and 2020 (-4.02%, -11.09%) and strong rebounds in following years. From 2021 to 2023, output showed mild positive year-on-year variations (1.16%, 3.9%, 2.64%). The forecasted CAGR over the next 5 years is predicted to be modest at 0.27%, with an overall growth rate of 1.37% by 2028.
Emerging technologies and sustainable practices are crucial trends. Environmental regulations and rising demand in construction and infrastructure will influence output, with potential disruptions from geopolitical and economic changes.
