The consumption of non-metallic minerals in the United Arab Emirates (UAE) is displaying a gradual decline from its 2023 level, beginning at 78 in 2024 and slowly decreasing to 77.08 by 2028. The year-on-year variation shows a consistent minimal reduction, pinpointing a deceleration in consumption growth. The average annual decline, or CAGR, encapsulates a gentle downward trend over this five-year forecast period.
Future trends to watch for include:
- Potential impacts of sustainability initiatives on consumption levels.
- Economic diversification efforts and their influence on mineral demand.
- Technological advancements possibly reducing the reliance on non-metallic minerals.
- Global market fluctuations and UAE's response to international demand changes.