From 2013 to 2023 the value added of non-metallic mineral products has shown moderate growth with fluctuations, as demonstrated by the year-on-year variations. Notably, there was a significant dip in 2020 (-9.61%), likely due to the global economic impacts of the COVID-19 pandemic. From 2021 onwards, the value sees a steady increase, with CAGR for the last five years (up to 2023) at 0.81%. The forecasted CAGR from 2023 to 2028 is lower, at 0.43%, indicating more conservative growth expectations.
Future trends should monitor the recovery of the construction sector and green innovations in non-metallic mineral products. Shifts towards sustainable building materials and changes in regulatory standards could significantly impact growth.
