The mining and quarrying output in Germany has shown fluctuating trends over the past decade. After a steady decline from 2013 to 2020, there was a notable resurgence in 2021, peaking in 2022 before slightly dropping in 2023. The year-on-year variations highlight this instability with significant downturns and sudden spikes. Notably, 2022 marked an exceptional increase of 60.55%, while 2023 saw a minor decline of 4.08%. The Compound Annual Growth Rate (CAGR) from 2019 to 2023 stands at a robust 10.48%.

Future forecasts are optimistic, predicting a steady growth trajectory from 2024 onwards. With a forecasted 5-year CAGR of 2.65%, the expected growth rate till 2028 is 13.96%. This indicates a solidifying recovery and expansion phase for the industry.

Key future trends to watch for include:

Technological advancements improving mining efficiency and reducing environmental impact
Policy changes and governmental support for sustainable mining practices
Fluctuations in global demand for key minerals and materials
Impact of geopolitical factors on the mining supply chain