The forecast for production in mining and quarrying in Switzerland shows a consistent but very modest growth from 2024 to 2028, starting at 278.7 million Swiss Francs in 2024 and reaching 279.1 million Swiss Francs by 2028. This represents a year-on-year growth of only around 0.1%-0.2%, indicating a stable yet stagnant industry.
Based on the historical data, the production value in 2023 stood at 278.6 million Swiss Francs. The compounded annual growth rate (CAGR) over the five-year period from 2023 to 2028 is approximately 0.03%, highlighting minimal fluctuations and almost flat growth.
Future trends to watch for:
- Technological advancements in mining and quarrying processes.
- Environmental regulations impacting production methods.
- Market demand for raw materials in construction and other sectors.
