Forecast: Non-Metallic Minerals Domestic Material Consumption in Switzerland

Switzerland's Non-Metallic Minerals Domestic Material Consumption stood at 54.30 million metric tons in 2023. The forecast for the years 2024 through 2028 shows a gradual decline in consumption, starting at 53.97 million metric tons in 2024 and decreasing to 52.67 million metric tons by 2028. This represents an average year-on-year decline of approximately 0.56% over the forecast period. The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is projected to be -0.58%, indicating a steady decrease in the domestic material consumption of non-metallic minerals.

Future trends to watch for include the potential impact of advancements in recycling technology, which could reduce the need for raw material consumption. Additionally, shifts in construction practices towards more sustainable and efficient methods could further influence the demand for non-metallic minerals. Monitoring environmental regulations and economic factors will also be critical in understanding future consumption patterns.

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