The UK's domestic consumption of metal ores is showing a gradual decline from 2024 through 2028, starting at 12.46 million metric tons in 2024, down to 12.25 million metric tons by 2028. Compared to the actual consumption in 2023 of 12.5 million metric tons, this trend represents modest annual reductions ranging from 0.4% to 0.5% year-on-year throughout the forecasted period. The compound annual growth rate (CAGR) indicates a consistent downward trend over the five years, highlighting a long-term decrease in consumption.

Future trends to watch for:

Impact of technological advancements and recycling on demand reduction.
Shifts in industrial and manufacturing activities influencing metal ore requirements.
Government policies aiming for sustainability potentially lowering consumption rates.