The consumption of non-metallic minerals in Indonesia has shown an upward trajectory. The actual values for 2023 peaked at 37.55 units. Looking forward, the forecast data indicates a steady increase each year: 38.14 in 2025, 38.72 in 2026, 39.29 in 2027, and 39.84 by 2028.
Year-on-year growth percentages reflect a consistent rise:
- From 2024 to 2025: 1.57%
- From 2025 to 2026: 1.52%
- From 2026 to 2027: 1.47%
- From 2027 to 2028: 1.40%
The CAGR over this five-year period stands at approximately 1.49% annually.
Future trends to watch for include:
- Technological advancements in mineral extraction and processing.
- Government policies impacting mineral production and consumption.
- Environmental regulations influencing industry practices.
- Global market demand shifts affecting local consumption patterns.
- Economic indicators such as GDP growth and infrastructural developments.