In 2023, the Mining and Quarrying FDI Income Receipts in the UK stood at approximately 20.22 billion USD. Forecasts indicate a steady annual increase in FDI income, with values reaching 20.67 billion USD by 2028. The year-on-year growth rate fluctuates around 0.44%, signaling stable, modest growth in this sector.
The compounded annual growth rate (CAGR) from 2024 to 2028 is anticipated to be 0.44%. This suggests a consistent, albeit slow, growth path driven by stable economic conditions or marginal improvements in the mining and quarrying sectors.
Future trends to watch for include:
- Potential impact of regulatory changes in mining and environmental policies.
- Market shifts due to geopolitical developments.
- The influence of technological advancements on operational efficiencies.
- Fluctuations in commodity prices that could affect FDI levels.