Key Market Indicators
Italy's mining and quarrying production is projected to reach €16.7 billion by 2028, up from €15.9 billion in 2023. This marks a steady annual growth rate of 0.7%. Since the year 2000, Italian supply in this sector has risen by nearly 11% annually. In 2023, Italy ranked sixth in mining and quarrying production, with Germany leading the pack at €15.9 billion. The United Kingdom, Poland, and the Netherlands followed in second, third, and fourth places, respectively. However, the revenue from Italy's mining and quarrying sector experienced a significant decline. In 2023, the revenue stood at €695 million, down dramatically from €2.97 billion in 2022—a 77% decrease year-over-year. Since 2010, the market revenue has seen an annual decrease of almost 40%. In 2023, Italy ranked 21st in mining and quarrying revenue, with Greece just ahead at €695 million. The United Kingdom, Germany, and Poland held the second, third, and fourth positions, respectively.