Forecast: Non-Metallic Minerals Consumption in Ghana

Ghana's forecasted non-metallic minerals consumption from 2024 to 2028 shows a steady increase from 23.29 units in 2024 to 23.88 units in 2028. The consumption levels in 2023 were below 23.29, indicating a growth trend into the forecasts. Year-on-year variation reveals a consistent increase of around 0.65% to 0.64% annually. Over a five-year horizon, this results in a Compounded Annual Growth Rate (CAGR) of approximately 0.65%. This steady growth highlights a stable demand for non-metallic minerals in Ghana.

Future trends to watch for:

  • Infrastructure development: Increased construction activity could drive higher mineral consumption.
  • Policy changes: Government initiatives and regulations impacting mining sectors may influence the market.
  • Economic factors: Overall economic growth and industrial activity likely will affect the consumption trajectory.

Top Countries about Mineral