The 2023 data shows Italy leading in stone turnover in Europe, although experiencing a decline. Germany and the UK are experiencing growth, with Germany showing the highest value growth. Countries like Switzerland, Austria, Croatia, and Portugal are showing stronger positive trends, while Italy, Spain, Greece, and Ireland face declines. Switzerland and Croatia recorded significant annual increases. The CAGR over the last five years indicates robust industry changes, with shifts in market dynamics across different regions.
Future trends to watch include:
- Continued growth in Northern and Central Europe, driven by technological advancements and efficiency improvements.
- Potential recovery in Southern Europe as economies stabilize and construction projects pick up.
- Innovation in sustainable and green manufacturing practices could drive further growth and market differentiation.
Top countries in Cutting, Shaping and Finishing of Stone Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 2,810 | 2023 | -4.82% | -6.73% | View data |
| 2 | 2 Germany | 2,680 | 2023 | +0.94% | +3.61% | View data |
| 3 | 3 Spain | 1,990 | 2023 | -2.61% | -1.77% | View data |
| 4 | 4 United Kingdom | 1,570 | 2023 | +3.78% | +3.04% | View data |
| 5 | 5 France | 733.5 | 2023 | +1.13% | -0.26% | View data |
| 6 | 6 Portugal | 676.4 | 2023 | 0% | +1.07% | View data |
| 7 | 7 Poland | 527.4 | 2023 | -0.21% | +0.33% | View data |
| 8 | 8 Switzerland | 493.8 | 2023 | +2.83% | +10.46% | View data |
| 9 | 9 Austria | 459.4 | 2023 | +6.12% | +6.42% | View data |
| 10 | 10 Greece | 438.6 | 2023 | +6.79% | -1.78% | View data |
