The domestic extraction of chalk and dolomite in the UK shows a clear downward trend from 2024 to 2028, with forecasts indicating a steady decline from 4.14 to 2.35 million metric tons. Compared to a hypothetical value at the end of 2023, this represents a significant year-on-year decrease. Specifically, from 2024 to 2025, the volume declines by 11.1%, followed by a 12.2% reduction in 2026, 13.9% in 2027, and a smaller 15.5% drop projected for 2028. The five-year compound annual growth rate (CAGR) reflects a noteworthy average annual decrease of approximately 12.1%.
Future trends to watch for include:
- The impact of increased environmental regulations on extraction activities.
- Advancements in material substitutes that could further diminish demand.
- Economic factors affecting construction and manufacturing sectors, where these minerals are commonly used.
- Government policies related to mining and resource management that could influence market dynamics.