The domestic extraction of non-metallic minerals in Sweden has displayed a notable upward trend from 2013 to 2023, with the volume standing at 139.37 million metric tons in 2023. Over this period, the extraction has generally increased year-on-year with certain fluctuations, peaking with a substantial growth in 2021 by 22.44%. The compound annual growth rate (CAGR) over the past five years is 5.18%, indicating consistent growth in the sector.
Future trends to watch for include:
- Continued modest growth trends as indicated by the forecast CAGR of 0.83% from 2024 to 2028.
- Technological advancements in mining and extraction processes that could further optimize productivity.
- Environmental regulations and sustainability practices impacting the extraction and usage of non-metallic minerals.
- Economic factors that could influence demand in construction, manufacturing, and other industries utilizing these minerals.