Forecast: Non-Metallic Minerals Consumption in Canada

The data shows a slight decline in non-metallic minerals consumption in Canada over the next five years, beginning at 55.42 in 2024 and declining annually by approximately 0.13% to 55.14 in 2028. Year-on-year variations are as follows:

  • 2025 vs. 2024: -0.13%
  • 2026 vs. 2025: -0.13%
  • 2027 vs. 2026: -0.13%
  • 2028 vs. 2027: -0.13%

The Compound Annual Growth Rate (CAGR) over the five-year period is -0.13%, indicating a consistent, albeit minimal, decline in consumption.

Future trends to observe include policy changes in environmental regulations, technological advancements in material substitution, and shifts in economic conditions that could further impact non-metallic mineral consumption.

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