Between 2013 and 2023, the domestic extraction of marble, granite, sandstone, porphyry, and basalt in Turkey exhibited varying trends. It peaked in 2014 with a significant year-on-year increase of 27.09% and faced a marked dip in 2015 by -22.65%. A steady rebound was observed until 2017. Although there were fluctuations, the sector showed an overall growth trend with a notable increase of 15.16% in 2020 and a 19.04% surge in 2021. In 2023, the extraction volume stood at 20.37 Million Metric Tons, reflecting a modest year-on-year growth of 1.14%. The Compound Annual Growth Rate over the past five years was 4.83%.
Future trends to watch for:
- Continued modest growth with a forecasted CAGR of 0.85% through 2028.
- Potential impacts of technological advancements and efficiency improvements in extraction processes.
- Environmental regulations and sustainability practices’ influence on production levels.
- Fluctuations in demand for construction and architecture projects using these natural stones.
