In 2023, Italy leads the European mining and quarrying sector, followed closely by Germany and the Netherlands, followed by France and Spain. Finland, with a 2.36% increase, showed strong resilience, while Germany and the Netherlands, with declines of 5.38% and 6.86%, respectively, faced challenges. Smaller economies like Estonia and Latvia experienced notable growth, outperforming larger countries in terms of percentage increase. Overall, the sector showed varied performance across Europe, with some countries facing contraction and others experiencing modest growth.
Looking ahead, industry trends may focus on sustainable practices, technological advancements, and regulatory changes affecting production efficiency. Close monitoring of geopolitical developments and energy policies will also be crucial for anticipating shifts in production share among European countries.
Top countries in Production of Mining and Quarrying Share by Country (Million Euros)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Italy | 19.17 | 2023 | -0.21% | -1.4% | View data |
2 | 2 Germany | 17.43 | 2023 | -3.65% | -5.38% | View data |
3 | 3 Netherlands | 16.99 | 2023 | -8.08% | -6.86% | View data |
4 | 4 France | 10.44 | 2023 | -0.41% | -0.4% | View data |
5 | 5 Spain | 10.34 | 2023 | -0.21% | -1.64% | View data |
6 | 6 Finland | 6.24 | 2023 | +2.63% | +2.36% | View data |
7 | 7 Austria | 5.25 | 2023 | +0.73% | +0.25% | View data |
8 | 8 Ireland | 4.07 | 2023 | +1.55% | +0.81% | View data |
9 | 9 Portugal | 2.92 | 2023 | +0.76% | +0.23% | View data |
10 | 10 Greece | 2.08 | 2023 | -2.77% | -5.1% | View data |