The non-renewable industrial waste final consumption in the non-metallic minerals sector in Germany is forecasted to rise steadily from 2024 to 2028. By 2024, the level is projected at 591.76 ktoe, progressing to 644.01 ktoe by 2028. This increase represents an average year-on-year growth rate of around 2.1%. The compound annual growth rate (CAGR) over the five-year period is expected to be approximately 2.1%. In 2023, the actual consumption stood below 591.76 ktoe, suggesting an upward trend as we move into the forecasted years.
Future trends to watch for include:
- Technological advancements and innovations to reduce industrial waste.
- Regulatory policies impacting non-renewable waste management.
- Shift towards sustainable practices within the non-metallic minerals sector.
- Potential economic factors influencing industrial production levels.