Forecast: Stone, Sand and Clay Quarrying Turnover in Germany

In 2023, the Stone, Sand, and Clay Quarrying industry turnover in Germany was reported at 7.91 billion euros. The observed trend from 2013 to 2023 reveals fluctuating year-on-year changes, with significant growth periods in 2014 (17.55%) and 2018 (20.99%), contrasted by a notable decrease in 2019 (-4.36%). The last two years witnessed steady growth: 3.69% in 2022 and 3.52% in 2023. The compound annual growth rate (CAGR) for the five years leading up to 2023 was 1.7%, indicating moderate growth.

Future trends to watch for include:

  • Technological advancements in extraction and processing methods to improve efficiency
  • Environmental regulations influencing industry practices
  • Market demand fluctuations driven by construction and infrastructure projects
  • Potential impacts of geopolitical events on material availability and costs

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