In 2023, the crude mined gypsum production in Arizona, Colorado, and New Mexico was estimated at 11.54 million US dollars. The forecast from 2024 to 2028 indicates a steady growth in production value with yearly increases. Specifically, from 2024 to 2025, there was a 1.87% increase, and from 2025 to 2026, the growth rate was approximately 1.76%. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is anticipated to be around 1.73%.
Future trends to watch for include:
- The impact of technological advancements in mining efficiency on production costs.
- Potential regulatory changes impacting mining operations in the region.
- Shifts in demand for gypsum-driven industries, such as construction and agriculture.