The consumption of non-metallic minerals in Italy is expected to slightly decline over the forecast period from 2024 to 2028. Starting from a value of 59.44 in 2024, it is projected to gradually decrease to 59.36 by 2028. Looking back at 2023, where the actual value is a necessary reference point for understanding growth trends, it is essential to note these slight yearly declines indicative of a marginal downward trend in the consumption of non-metallic minerals. The year-on-year percentage changes are minimal but cumulatively suggest a steady reduction.
Key Findings:
- From 2024 to 2025, there is a slight decline from 59.44 to 59.41.
- From 2025 to 2026, the consumption value decreases from 59.41 to 59.39.
- 2026 to 2027 sees a minor reduction from 59.39 to 59.38.
- By 2028, the value slightly drops to 59.36.
This trend exhibits a marginal average variation per year, which translates into a CAGR reflecting the minimal overall decline in the sector.
Future Trends to Watch: Future considerations include potential impacts of environmental regulations, technological advancements, and shifts in demand within key industries. Monitoring these factors will be crucial for understanding and anticipating further changes in non-metallic mineral consumption patterns in Italy.