Between 2013 and 2023, UK gypsum production generally trended downward, declining from 1.2 million metric tons to 0.925 million metric tons. The sharpest drop occurred in 2020, with production plunging nearly 20% year-on-year, influenced by the COVID-19 pandemic. Although there was a marginal recovery in 2021, subsequent years witnessed steady declines, with a 3.55% drop in 2023. The projected trend foresees continued contraction, with a forecasted 3.41% CAGR between 2024 and 2028, reaching 0.7461 million metric tons by 2028.
Future trends to watch for:
- Potential supply chain disruptions due to geopolitical tensions.
- Regulatory shifts toward environmentally sustainable mining practices.
- Advancements in construction technologies reducing reliance on traditional materials like gypsum.