The 2023 data indicates that the Netherlands leads in the European mining and quarrying sector, with a significant output share of 38.02 million euros, showing a strong year-on-year growth of 12.7%. Spain displays a notable increase of 20.6% to 25.21 million euros, while Italy shows a slight decline of 1.34%, reaching 16.59 million euros. France follows, attaining a 13.4 million euro output with a 7.59% growth. Elsewhere, Ireland posts a moderate gain, and minor fluctuations characterize smaller markets such as Slovakia, Latvia, and Estonia. Notably, Croatia experiences a significant downturn of 10.98%.
Future trends to monitor include potential growth in digitalization and automation within the mining sector, the impact of environmental regulations, and economic developments affecting commodity prices which could influence the mining output in Europe. Additionally, sustainability initiatives and technological advancements may reshape industry dynamics and output shares across countries in the region.
Top countries in Mining and Quarrying Output Share by Country (Million Euros)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Netherlands | 38.02 | 2023 | +2.05% | +12.7% | View data |
2 | 2 Spain | 25.21 | 2023 | +25.73% | +20.6% | View data |
3 | 3 Italy | 16.59 | 2023 | +4.06% | -1.34% | View data |
4 | 4 France | 13.4 | 2023 | +14.42% | +7.59% | View data |
5 | 5 Ireland | 2.91 | 2023 | +13.72% | +5.94% | View data |
6 | 6 Slovakia | 0.82 | 2023 | -1.02% | -6.14% | View data |
7 | 7 Latvia | 0.8 | 2023 | +6.7% | +7.75% | View data |
8 | 8 Estonia | 0.77 | 2023 | +1.88% | -2.46% | View data |
9 | 9 Slovenia | 0.73 | 2023 | +2.11% | +3.33% | View data |
10 | 10 Croatia | 0.46 | 2023 | -2.38% | -10.98% | View data |