The mining and quarrying sector in Finland has seen variable performance over the years. The turnover decreased between 2013 and 2016, hitting a low of €1.49 billion. However, significant growth occurred in 2017 with a 36.77% increase. By 2023, the sector stood at €2.47 billion, with a 3.05% year-on-year growth. Over the past two years, the sector grew 6.24%, and a five-year CAGR indicates an average annual growth of 2.11% from 2023 to 2028.
Future trends to observe include:
- Demand for sustainable and eco-friendly mining technologies
- Fluctuations in global commodity prices
- Investments in automation and digitization to enhance operational efficiency
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