Iceland Mining And Quarrying Industry Outlook 2024 - 2028

See how Iceland Mining And Quarrying performed compared to key markets such as Norway, the United Kingdom and Poland.

Key Market Indicators

Iceland's mining and quarrying production is projected to reach €80 million by 2028, up from €70 million in 2023. This represents a steady annual growth rate of 2%. Since 2000, the country's supply in this sector has increased by an average of 4.2% each year. In 2023, Iceland ranked 35th globally in mining and quarrying production, with Cyprus slightly ahead at €70 million. The United Kingdom, Poland, and the Netherlands occupied the second, third, and fourth positions, respectively. Meanwhile, Iceland's revenue from mining and quarrying is expected to decline. Forecasts indicate a drop to €36 million by 2028 from €40 million in 2023, marking an annual decrease of 1.8%. Since 2019, the market has seen a yearly reduction of 5.5%. In the revenue rankings for 2023, Iceland held the 31st position, with Cyprus surpassing it at €40 million. The leading countries in this ranking were the United Kingdom, Germany, and Poland, coming in second, third, and fourth, respectively.

Iceland Mining And Quarrying Market Data and Forecasts

How much will Iceland Mining And Quarrying Market grow to 2028?

Forecast: Export of Aluminium and Articles Thereof from Iceland
Forecast: Export of Unwrought Aluminium from Iceland
Forecast: Import of Aluminium Oxide to Iceland
Forecast: Export of Unwrought Non-Alloy Aluminium from Iceland

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