The sold production of worked slate and articles of slate or of agglomerated slate in the UK shows a forecasted decline from 2024 through 2028, decreasing from 16.086 million euros to 9.5903 million euros. The percentage change reveals a year-on-year decrease of approximately 10%, demonstrating a consistent declining trend. In 2023, the value stood higher than the subsequent forecasted years. Over the five-year forecast, the compound annual growth rate (CAGR) indicates an average annual decrease, reflecting downward pressure on production.
Future trends to watch include potential shifts in demand due to construction industry trends and environmental regulations. Additionally, technological advancements in alternative materials could impact slate production levels.
