Sweden's non-metallic minerals direct material inputs for 2024 are forecasted to be 149.88 million metric tons, a notable increase from the 2023 actual figure of 148.00 million metric tons. The year-on-year growth for 2024 is estimated at 1.27%. This upward trend continues with a steady rise in subsequent years, leading to a value of 156.29 million metric tons by 2028. The average year-on-year growth rate over this five-year period, or CAGR, is projected to be approximately 1.30%.
Future Trends to Watch For:
- Increased investment in infrastructure and construction could drive higher demand for non-metallic minerals.
- Technological innovation in material efficiency may alter raw material needs, potentially impacting these forecasts.
- Regulatory changes and environmental policies aimed at sustainability could influence non-metallic mineral consumption patterns.