The forecast for limestone and gypsum domestic extraction in the UK indicates a gradual decline from 2024 to 2028, starting at 0.88 metric tons per capita in 2024 and decreasing to 0.82 metric tons per capita by 2028. Comparing with 2023, which registered a slightly higher extraction level, the trend suggests an average yearly reduction in extraction volume by approximately 1.8% over the forthcoming years.
The compound annual growth rate (CAGR) for this period exhibits a consistent negative trend, highlighting a continued decrease in domestic extraction volume. This trend reflects the challenges the industry faces, such as regulatory pressures and shifts towards sustainability.
Future trends to watch include potential shifts in construction demands, advancements in extraction technology, and policy changes aimed at reducing environmental impact. Monitoring these factors could provide opportunities for reversing the declining trend.
