Forecast: Operation of Gravel and Sand Pits; Mining of Clays and Kaolin Turnover in the UK

In 2023, the operation of gravel and sand pits, and mining of clays and kaolin, experienced a turnover. In 2024, the forecast turnover is expected to be 656.89 million euros, marking a significant decline from the previous years. This downward trend is projected to continue, with forecast turnovers declining to 528.26 million euros in 2025, 402.2 million euros in 2026, 278.66 million euros in 2027, and 157.59 million euros in 2028.

When analyzed year-on-year, the data indicates a consistent negative variation over the five-year period, with significant percentage declines each year. The compounded annual growth rate (CAGR) over these years highlights a severe contraction in this sector's financial performance.

Future trends to watch for:

  • Environmental regulations potentially impacting operational capacities and costs.
  • Advancements in recycling technologies affecting the demand for raw materials.
  • Economic factors, including construction industry health, influencing sector growth.

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