The forecasted data for the consumption of non-metallic minerals in Spain shows a slightly decreasing trend from 52.12 in 2024 to 51.93 in 2028. In 2023, the value stood at 52.15, indicating a marginal decline over the forecasted period. The year-on-year variation from 2024 to 2025 is -0.12%, from 2025 to 2026 is -0.12%, from 2026 to 2027 is -0.08%, and from 2027 to 2028 is -0.06%. The compound annual growth rate (CAGR) over the last five years is approximately -0.09% per year.
Future trends to watch for include:
• Potential technological advancements in extraction and processing methods leading to efficiency gains.• Changes in regulatory policies impacting the non-metallic mineral industries.• Innovations in material science potentially creating alternative materials and affecting demand.• Economic factors such as construction industry performance which heavily influences non-metallic mineral consumption.• Environmental sustainability trends encouraging reduced consumption or shifts to more sustainable materials.
