From 2024 to 2028, the UK's sand and gravel trade balance per capita shows a consistent negative trend, decreasing slightly each year. The per capita trade deficit narrows from -0.073 metric tons in 2024 to -0.059 metric tons in 2028. Comparing this trend to 2023 actual data, the deficit sees a steady decrease, indicating a possible improvement in domestic supply or a shift in import/export dynamics. The year-on-year percentage variation is improving, with a gradual reduction in the negative balance, and the compound annual growth rate suggests a minor but consistent improvement over the five-year period.
Future trends to watch for include fluctuations in global construction demands, shifts in UK's domestic production capacity, and potential policy changes impacting import/export tariffs. Environmental considerations and sustainable resource extraction may also influence the trade balance, altering supply and demand dynamics. Monitoring technological advancements in construction and material reuse could provide new data points for future analysis.
