Forecast: Mining and Quarrying Turnover in Switzerland

In 2023, the turnover in Switzerland's mining and quarrying industry stood at 2.12 billion euros. Forecasts from 2024 to 2028 predict a steady growth trajectory, reaching 2.16 billion euros in 2024 and incrementally increasing yearly to 2.31 billion euros by 2028. The year-on-year percentage variation remains consistent, suggesting a stable industry environment with gradual growth.

Key trends over this period include:

• 2024: +1.89%
• 2025: +1.85%
• 2026: +1.82%
• 2027: +1.79%
• 2028: +1.76%

The Compound Annual Growth Rate (CAGR) between 2024 and 2028 is approximately 1.82%, indicating moderate yet consistent growth in the sector. Future trends to watch for include advancements in mining technology, environmental regulations, fluctuations in commodity prices, and their impacts on turnover.