In 2023, Italy led European mining and quarrying production at €8.86 billion, despite a 1.4% decrease. Germany and the Netherlands followed, facing contractions of 5.38% and 6.86% respectively. France and Spain reported minor declines, while Finland experienced a 2.36% increase. Positive trends were noted in Austria, Ireland, Portugal, Belgium, and the Baltic nations, showing resilience in smaller markets.
Future trends to watch include shifts in environmental regulations, technological advancements in extraction methods, and fluctuations in global demand for raw materials. Keeping an eye on sustainable practices and geopolitical influences will be crucial for strategic positioning.
Top countries in Production of Mining and Quarrying by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 8,860 | 2023 | -0.21% | -1.4% | View data |
| 2 | 2 Germany | 8,050 | 2023 | -3.65% | -5.38% | View data |
| 3 | 3 Netherlands | 7,850 | 2023 | -8.08% | -6.86% | View data |
| 4 | 4 France | 4,820 | 2023 | -0.41% | -0.4% | View data |
| 5 | 5 Spain | 4,780 | 2023 | -0.21% | -1.64% | View data |
| 6 | 6 Finland | 2,880 | 2023 | +2.63% | +2.36% | View data |
| 7 | 7 Austria | 2,430 | 2023 | +0.73% | +0.25% | View data |
| 8 | 8 Ireland | 1,880 | 2023 | +1.55% | +0.81% | View data |
| 9 | 9 Portugal | 1,350 | 2023 | +0.76% | +0.23% | View data |
| 10 | 10 Greece | 961.92 | 2023 | -2.77% | -5.1% | View data |
