Key Market Indicators
Bosnian mining and quarrying production is projected to reach €465 million by 2028, up from €454 million in 2023. This represents an average annual growth rate of 0.3%. Despite this growth, Bosnia's supply has declined by 2.1% annually since 2005. In 2023, Bosnia ranked 24th in production, with Albania slightly ahead at €454 million. The United Kingdom, Poland, and the Netherlands held the second, third, and fourth positions, respectively. In terms of revenue, Bosnia's mining and quarrying sector is expected to reach €558 million by 2028, growing from €535 million in 2023 at an average annual rate of 0.7%. However, since 2016, the market has experienced a slight decline of 0.2% per year. In 2023, Bosnia was again ranked 24th, with Slovakia just ahead at €535 million. The top spots were occupied by the United Kingdom, Germany, and Poland, respectively.
