European Mining And Quarrying Trends in 2024
Mining And Quarrying is part of Heavy Industry and includes a number of sub-sectors such as Metals. You may also be interested in Manufacturing, Electronics and Chemical.
European Mining and Quarrying Production is projected to reach approximately €605 billion by 2028, up from around €503 billion in 2023. This marks an average annual growth rate of 3%. Since 2019, the sector has seen a significant increase of 20.6% year on year. In 2023, Norway led the European Mining and Quarrying Production with roughly €321 billion. The United Kingdom, Poland, and the Netherlands followed in the rankings, occupying the second, third, and fourth positions respectively. Notably, Norway experienced a substantial year-on-year growth of 31.8%, while Croatia saw a decline of 12.2% since 2019. On the revenue front, European Mining and Quarrying Revenue is expected to drop sharply. It is projected to fall to about €62 billion by 2028 from €173 billion in 2023, averaging a 13.9% annual decline. Since 2019, the market has shrunk by 6.8% year on year. In 2023, Norway also topped the revenue ranking with approximately €66 billion. The United Kingdom, Germany, and Poland followed in second, third, and fourth places, respectively. Serbia recorded a notable year-on-year increase of 15.7%, while Italy's revenue fell dramatically by 39.9% since 2019.
Top 10 countries
In 2024 major markets in the Mining And Quarrying Industry were:
Mining And Quarrying Market Data and Forecasts
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- Greenhouse Gas Emissions 223 countries (Asia, Europe, Southeast Asia...)
- Chemicals Export 193 countries (Asia, Europe, Southeast Asia...)
- Chemicals Import 197 countries (Asia, Europe, Southeast Asia...)
- Copper Import 191 countries (Africa, Sub-Saharan Africa, Asia...)
- Aluminium Import 192 countries (Africa, Sub-Saharan Africa, Asia...)
- Aluminium Export 188 countries (Asia, Latin America, Africa...)
- Shipping Freight Volume 66 countries (Western Europe, Europe, Germany...)
- Copper Export 188 countries (Asia, Europe, Middle East...)
- Metal Import 209 countries (Asia, Europe, Africa...)
- Metal Export 208 countries (Asia, Europe, Africa...)