Year-on-Year Variations:
- 2024 to 2025: 3.61%
- 2025 to 2026: 3.46%
- 2026 to 2027: 3.31%
- 2027 to 2028: 3.18%
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is 3.39%.
Future trends to watch include technological advancements in production processes and potential regulatory changes, which could impact production costs and market dynamics. Monitoring global demand and competitive pressures will also be crucial for accurate forecasting.
