In 2023, the number of enterprises in Germany's mining and quarrying sector stood at 1,610 enterprises. The forecast for 2024 to 2028 shows a steady decline from 1.6 thousand enterprises in 2024 to 1.55 thousand by 2028. The year-on-year reduction from 2024 to 2025 is approximately 0.63%, from 2025 to 2026 is 1.26%, and a further decline observed up to 2028.
Key trends to watch in the mining and quarrying sector include:
- Adoption of more sustainable mining practices that could affect operational costs and competitiveness.
- Potential regulatory changes influencing sector profitability and company viability.
- Technological advancements aimed at improving efficiency and reducing environmental harm.
- Global economic conditions and commodity prices impacting demand for extracted resources.