The forecast for blasting agents and oxidizers sold for consumption in Alabama has shown a significant decline over the past five years, from 26.28 thousand metric tons in 2016 to 7.59 thousand metric tons in 2020. Correspondingly, from 2016 to 2020, the compound annual growth rate (CAGR) indicates an annual decrease in consumption. Notably, the data displays a consistent year-on-year decrease over these years, illustrating a concerning trend for the industry in Alabama.

Looking towards the future, several trends may influence this market:

Potential recovery in demand linked to economic improvements post-pandemic.
Environmental regulations may further impact consumption levels due to stricter controls on explosive materials.
Technological advancements in alternative materials could also alter the trajectory of usage.