In 2023, the production of crude mined gypsum in Arizona, Colorado, and New Mexico stood at approximately 1.20 million metric tons. Forecasts from 2024 to 2028 predict a steady increase in production, rising from 1.21 to 1.27 million metric tons. The year-on-year variation shows a gradual increase, with increments ranging from approximately 0.82% to 1.61% annually. Over the five-year period, the compound annual growth rate (CAGR) is projected to be around 1.15%, indicating a steady upward trend in gypsum production.
Future trends to watch for include shifts in construction demand, changes in environmental regulations impacting mining operations, and technological advancements that could enhance production efficiency. Monitoring these factors will be crucial for anticipating further developments in the gypsum industry.
