Key Market Indicators
Hungarian Mining and Quarrying Production is projected to climb to €1.74 billion by 2028, up from €1.29 billion in 2023. This marks an annual growth rate of 4.8%. Since 2000, the country's supply in this sector has increased by an average of 15.8% per year. In 2023, Hungary ranked 19th globally, with Portugal slightly ahead at €1.29 billion. The United Kingdom, Poland, and the Netherlands occupied the top three spots, respectively. In terms of revenue, Hungary's Mining and Quarrying sector is expected to reach €1.71 billion by 2028, rising from €1.26 billion in 2023. This represents an average annual growth of 4.7%. Since 2010, the market has seen a yearly increase of 14.3%. In 2023, Hungary held the 16th position, with Ireland just ahead at €1.26 billion. The United Kingdom, Germany, and Poland took the second, third, and fourth positions, respectively.
