The European production volumes of mining and quarrying reveal Italy and the Netherlands as leading players. In 2023, Italy saw a marginal increase in production volume, while the Netherlands experienced a decline. Finland and Estonia demonstrated growth, with Finland increasing by 2.15% and Estonia by 2.3%. Countries like Greece and Belgium faced declines of 7.16% and 0.87%, respectively. Meanwhile, Latvia showed a notable 2.33% increase, unlike minimal growth in Austria.
Future trends to observe include:
- Geopolitical factors impacting production volumes, particularly in larger economies.
- Technological advancements driving efficiencies and increases in production.
- Environmental regulations shaping the industry's output and sustainability initiatives.
- Market demand fluctuations in response to economic shifts and renewable energy transitions.
Top countries in Production Volumes of Mining and Quarrying Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 39.26 | 2023 | +0.86% | +0.34% | View data |
| 2 | 2 Netherlands | 32.71 | 2023 | -6.79% | -5.21% | View data |
| 3 | 3 Finland | 9.73 | 2023 | +2.3% | +2.15% | View data |
| 4 | 4 Austria | 8.22 | 2023 | +0.23% | +0.0014% | View data |
| 5 | 5 Greece | 2.78 | 2023 | -5.63% | -7.16% | View data |
| 6 | 6 Belgium | 2.48 | 2023 | -0.59% | -0.87% | View data |
| 7 | 7 Estonia | 2.28 | 2023 | +2.5% | +2.3% | View data |
| 8 | 8 Slovenia | 1.23 | 2023 | +1.33% | +1.01% | View data |
| 9 | 9 Latvia | 1.07 | 2023 | +2.28% | +2.33% | View data |
| 10 | 10 Luxembourg | 0.26 | 2023 | -0.5% | -0.83% | View data |
