The European ornamental building materials market is led by the United Kingdom with a turnover of 39.4 million euros, followed by Germany and Italy. In 2023, significant growth was observed in Hungary (32.98%), Iceland (103.05%), and Lithuania (29.13%), highlighting market dynamism. Conversely, Italy, Poland, and Spain experienced declines. The compound annual growth rates (CAGR) over recent years show fluctuating trends, with countries like the UK and France achieving modest growth, while Eastern European countries demonstrated a stronger increase.
Future trends to monitor include increased investment in sustainable quarrying practices and growing demand for ornamental materials in residential and commercial projects, driven by an emphasis on eco-friendly construction. Emerging markets like Hungary and Lithuania are expected to continue their growth trajectories, possibly supported by regional infrastructure projects and government policies favoring sustainable development.
Top countries in Ornamental, Building Stone, Limestone, Gypsum, Chalk and Slate Quarrying Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 39.4 | 2023 | +3.74% | +3.11% | View data |
| 2 | 2 Germany | 26.61 | 2023 | +6.3% | +5.52% | View data |
| 3 | 3 Italy | 5.59 | 2023 | +2.12% | -1.34% | View data |
| 4 | 4 Poland | 4.46 | 2023 | +0.93% | -3.91% | View data |
| 5 | 5 France | 3.53 | 2023 | +0.12% | +1.49% | View data |
| 6 | 6 Spain | 3.03 | 2023 | -1.28% | -3.37% | View data |
| 7 | 7 Portugal | 2.37 | 2023 | +2.35% | +4.99% | View data |
| 8 | 8 Norway | 2.04 | 2023 | +0.59% | +1.31% | View data |
| 9 | 9 Hungary | 1.94 | 2023 | +28.9% | +32.98% | View data |
| 10 | 10 Belgium | 1.66 | 2023 | -5.81% | -3.74% | View data |
