The forecast for natural gas final consumption in the UK non-metallic minerals sector shows a slight upward trend from 2024 to 2028, with consumption increasing from 46.09 to 46.34 thousand terajoules. This represents a stable annual growth, reflecting minimal variation in demand.
Previous data indicates a slow yet consistent rate of increase, continuing from a baseline value in 2023. The annual year-on-year growth is marginal, suggesting a steady market demand. The projected compound annual growth rate (CAGR) over the five-year period is modest, highlighting a stable consumption pattern in the sector.
Future trends to watch for include:
- Potential impacts of energy efficiency improvements.
- Shifts in industrial practices towards greener alternatives.
- Policy changes affecting natural gas usage in the sector.
- Technological advancements influencing energy consumption efficiency.
