In 2023, Sweden led Europe's metal ores domestic extraction with 88.08 million metric tons, showing a slight 1.58% year-on-year increase. Bulgaria and Finland followed at 32.85 and 31.76 million metric tons, respectively. Serbia had a notable growth of 8.05% year-on-year, while Germany and Italy also showed positive trends. In contrast, Poland's extraction fell by 1.38%, and Slovakia saw a significant decline of 16.24%. Over the last five years, countries have shown varying average annual growth rates, with some, such as Serbia and Austria, indicating robust trends.
Future trends to watch include technological advancements and environmental regulations that could impact extraction efficiencies and sustainability practices. Countries focusing on innovation in extraction technologies may experience growth, while others may face challenges due to stricter environmental policies and market demand fluctuations.
Top countries in Metal Ores Domestic Extraction by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 88,080 | 2023 | +1.03% | +1.58% | View data |
| 2 | 2 Bulgaria | 32,850 | 2023 | +3.56% | +0.72% | View data |
| 3 | 3 Finland | 31,760 | 2023 | +25.71% | +0.52% | View data |
| 4 | 4 Poland | 29,700 | 2023 | -1% | -1.38% | View data |
| 5 | 5 Serbia | 24,000 | 2023 | +2.76% | +8.05% | View data |
| 6 | 6 Spain | 22,640 | 2023 | +8.84% | +3.19% | View data |
| 7 | 7 Portugal | 9,290 | 2023 | -2.12% | -0.09% | View data |
| 8 | 8 Austria | 5,080 | 2023 | +2.03% | +5.36% | View data |
| 9 | 9 Romania | 3,580 | 2023 | +3.02% | +5.76% | View data |
| 10 | 10 Norway | 2,530 | 2023 | +17.55% | +2.75% | View data |
