The sold production of sandstone in France showed significant fluctuations between 2013 and 2023. The series peaked in 2015 at 9.1328 Million Euros before experiencing a notable decline in 2020, attributed to a drop of nearly 48.49% compared to the previous year. The market began to recover in subsequent years, achieving a value of 8.3896 Million Euros in 2023. The overall Compounded Annual Growth Rate (CAGR) for the last five years was -1.45%, indicating a gradual recovery but still below earlier peaks.
Looking ahead from 2024 through 2028, a slightly downward trend is expected with the market stabilizing at lower growth rates. The projected CAGR is -2.4%, and the total forecasted 5-year growth rate is -11.44%. Future trends to watch for include changes in construction demand, environmental regulations, and technological advancements in sandstone processing, which could influence production costs and market prices.
