The forecast for non-metallic minerals consumption in Germany from 2024 to 2028 shows a slight downward trend. The expected values gradually decrease from 66.94 in 2024 to 66.83 in 2028, with very subtle year-on-year changes indicating a stable yet slightly contracting market. In 2023, the consumption stood at 67.0, showing a minor yet consistent decline over the forecast period.
Year-on-year variations in percentage demonstrate a slight decrease:
- 2024-2025: -0.06%
- 2025-2026: -0.03%
- 2026-2027: -0.04%
- 2027-2028: -0.03%
The Compound Annual Growth Rate (CAGR) over the next five years is approximately -0.05%, indicating a stable consumption trend with minimal reduction. This aligns with a mature market where demand remains relatively constant.
Future trends to watch for include shifts in industrial demand, technological advancements in manufacturing, and potential regulatory changes affecting the non-metallic minerals market. Sustainability initiatives and recycling processes might also influence future consumption patterns.
