Production value in the Stone, Sand, and Clay Quarrying sector in Poland stood at 7.93 billion Zloty in 2023. Looking at the data from 2013 to 2023, the sector experienced fluctuations. Between 2013 and 2016, there was a decreasing trend, reaching a low in 2016. A significant increase followed in 2018, with some minor fluctuations, leading to a generally stable period from 2019 to 2023. Year-on-year growth from 2022 to 2023 was 2.05%. Over the last two years, the sector grew by 2.05% in 2023 and 2.16% in 2022. The five-year CAGR from 2019 to 2023 is -0.86%.
Future trends to watch for include projected steady growth with a forecasted five-year CAGR of 1.39% from 2024 to 2028. This suggests a recovery from past fluctuations and potential stable growth in the coming years, reaching 8.67 billion Zloty by 2028.
Watch for:
- Technological advancements and their adoption in quarrying processes.
- Regulatory changes and environmental policies.
- Market demands for construction and infrastructure projects.
