Key Market Indicators
Revenue from Norwegian mining and quarrying is forecast to fall 7.9% to €35 billion by 2026, down from €52 billion in 2021. Since 2012, the market has declined 2.9% each year. The UK, Germany and the Netherlands were the second, third and fourth largest markets for Norwegian mining and quarrying. Meanwhile, production is set to drop 2.2% to €50 billion by 2026, down from €53 billion in 2021. Since 1980, supply has decreased 1.8% each year. The UK, Poland and Germany were the second, third and fourth largest suppliers.