The mining and quarrying production value in France has seen a significant decline from 2013 to 2023, dropping from €7.58 billion to €3.48 billion. Over the past decade, the industry witnessed substantial year-on-year variations with several years showing sharp declines, notably in 2017 (-27.11%) and 2023 (-8.85%). The Compound Annual Growth Rate (CAGR) for the last five years stands at -4.76%, indicating a continuous downward trend. The forecast for the next five years suggests further contraction, with the expected CAGR of -10.17%, projecting the production value to €1.84 billion by 2028.
Future trends to watch for include advancements in sustainable mining practices, the impact of regulatory changes on the industry, and shifts in global demand for mined materials. Continued investments in technology may mitigate some decline, but the overall outlook remains challenging.
