Key Market Indicators
Belgian mining and quarrying revenue is projected to decline, reaching approximately €687 million by 2028, down from €704 million in 2023. This represents an average annual decrease of 0.4%. Since 2010, the Belgian market has seen a modest annual growth rate of 0.3%. In the 2023 ranking, Belgium was positioned 20th, with Serbia slightly ahead at €704 million. The United Kingdom, Germany, and Poland occupied the 2nd, 3rd, and 4th spots, respectively. In contrast, the production sector is expected to see a gradual rise. Belgian mining and quarrying production is forecasted to grow to about €912 million by 2028, up from €891 million in 2023, marking an average annual growth of 0.4%. Since 2000, the Belgian supply has consistently increased by 3.4% per year. For 2023, Belgium ranked 22nd in production, with Greece surpassing it at €891 million. The United Kingdom, Poland, and the Netherlands were ranked 2nd, 3rd, and 4th in production, respectively.
