In 2023, the European Stone, Sand and Clay Quarrying sector showed significant turnover variations across different countries. Germany led with a value of €7.91 billion, closely followed by the United Kingdom at €7.43 billion. France, Poland, Italy, and Spain showed negative year-on-year changes, experiencing reductions of -5.08%, -2.92%, -4.47%, and -5.24% respectively. Hungary demonstrated remarkable growth with a 22.86% increase, and Romania also saw a significant rise of 10.27%. Other countries like Portugal, Sweden, and the Netherlands displayed moderate increases of 5.66%, 2.63%, and 2.25% respectively. Some countries in Eastern Europe, such as Bosnia and Herzegovina, Macedonia, and Serbia, also posted substantial gains.
Future trends in the European Stone, Sand and Clay Quarrying sector may include:
- Impacts of sustainable practices and regulatory shifts aiming at environmental conservation.
- Technological advancements potentially improving efficiency and reducing costs.
- Market consolidations or partnerships to strengthen capabilities and market presence.
- Economic policies post-Brexit and their influence on the sector, especially in the United Kingdom.
- Growth opportunities in Eastern European countries that have demonstrated notable annual increases.
Top countries in Stone, Sand and Clay Quarrying Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 7,910 | 2023 | +3.52% | +1.7% | View data |
| 2 | 2 United Kingdom | 7,430 | 2023 | +1.62% | +1.57% | View data |
| 3 | 3 France | 2,380 | 2023 | -9.09% | -5.08% | View data |
| 4 | 4 Poland | 1,760 | 2023 | +0.99% | -2.92% | View data |
| 5 | 5 Italy | 1,670 | 2023 | -5.03% | -4.47% | View data |
| 6 | 6 Spain | 1,420 | 2023 | -8.62% | -5.24% | View data |
| 7 | 7 Norway | 1,130 | 2023 | +0.83% | +0.74% | View data |
| 8 | 8 Austria | 927.5 | 2023 | +0.52% | +0.45% | View data |
| 9 | 9 Hungary | 822.5 | 2023 | +22.37% | +22.86% | View data |
| 10 | 10 Portugal | 742.2 | 2023 | +2.93% | +5.66% | View data |
