The stone, sand, and clay quarrying sector in France has shown a clear downward trend in wages and salaries since 2013. In 2023, the sector stood at 282.7 Million Euros, marking a significant decline from its peak of 701.5 Million Euros in 2013. The past two years alone saw declines of 10.48% in 2023 and 9.54% in 2022. The average annual decline (CAGR) over the last five years has been approximately -6.42%.

Looking ahead, the forecast from 2024 to 2028 predicts a continued decrease, with an average annual decline of -13.3% and an expected overall reduction to 122.5 Million Euros by 2028. This represents a dramatic fall by more than half (51.02%) over the five-year period.

Future trends to watch for include:

Technological advancements and efficiency improvements potentially impacting employment and wages.
Environmental regulations tightening, potentially leading to higher costs and lower margins.
Global economic conditions and construction sector health influencing demand for quarrying materials.