The Stone, Sand, and Clay Quarrying sector in Italy saw fluctuating growth from 2013 to 2023, with production valued at 1.82 billion Euros in 2023. The sector experienced a mixture of positive and negative year-on-year changes, peaking with slight growth in 2014, 2018, and 2019. However, from 2020 onwards, a downward trend became evident, with production consistently declining through 2023, recording a -4.54% variation in this year. The Compound Annual Growth Rate (CAGR) over the last five years also confirms this decline at -4.05%.
Forecasts suggest a continued decrease in production from 2024 to 2028, with an average annual decline (-4.19% CAGR) expected over this period and an estimated total decline of 19.28% by 2028.
Future trends to watch for include technological advancements in quarrying processes, regulatory changes impacting the sector, and potential shifts in demand driven by infrastructure projects and construction industry trends in Italy.
