Key Market Indicators
**Swedish Mining and Quarrying Production Poised for Growth** **Stockholm, Sweden** — The Swedish mining and quarrying sector is projected to reach approximately €9.5 billion by 2028, up from €8 billion in 2023. This marks an average annual growth rate of 2.6%. The industry has seen a steady increase since 1998, with an average annual growth rate of 10.1%. In 2023, Sweden ranked eighth globally in mining and quarrying production, with Spain surpassing it at €8 billion. The United Kingdom, Poland, and the Netherlands were the second, third, and fourth largest producers, respectively. Meanwhile, revenue in the Swedish mining and quarrying sector is expected to grow to around €4.6 billion by 2028, up from €4.3 billion in 2023. This represents an average annual growth rate of 1.1%. Since 2010, the market has seen a consistent rise of 3.7% annually. In 2023, Sweden ranked seventh in terms of revenue, with the Czech Republic slightly ahead at €4.3 billion. The United Kingdom, Germany, and Poland held the second, third, and fourth positions, respectively.
