In 2023, Finland and Sweden led the European Metal Ore Mining Turnover Index, with Finland at 26.66 and Sweden closely following at 26.25. Macedonia and Greece showed moderate performance, with Macedonia at 19.57 and Greece at 16.5. Portugal, Romania, and Norway trailed, with Norway recording the lowest index at 13.43. Year-on-year trends from 2022 indicate strong growth in Romania at 13.87%, while Norway saw the smallest increase of 3.55%. Over the last five years, Finland and Sweden have consistently demonstrated healthy growth rates.
Future trends to watch include digital transformation in mining operations and sustainable mining practices, which could impact turnover indexes. Additionally, geopolitical factors and shifts in global metal demand are likely to influence market dynamics in the coming years.
Top countries in Metal Ore Mining Turnover Index by Country
| # | 7 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 266.6 | 2022 | +18.23% | +9.94% | View data |
| 2 | 2 Sweden | 262.5 | 2022 | -0.94% | +11.36% | View data |
| 3 | 3 Macedonia | 195.7 | 2022 | +20.8% | +6.87% | View data |
| 4 | 4 Greece | 165 | 2022 | -8.49% | +7.34% | View data |
| 5 | 5 Portugal | 162.5 | 2022 | +2.07% | +7.63% | View data |
| 6 | 6 Romania | 151.6 | 2022 | +48.63% | +13.87% | View data |
| 7 | 7 Norway | 134.3 | 2022 | -4.34% | +3.55% | View data |
