The analysis of the European Mining and Quarrying Turnover Index reveals significant variation across countries. Norway leads with the highest turnover index value, indicating substantial market growth. In 2022, Norway's year-on-year variation was 29.9%, emphasizing a robust upward trend. Other notable performers include Cyprus, Sweden, and the Netherlands with double-digit year-on-year growth, reflecting their strengthening sectors. Contrarily, Estonia and Switzerland experienced declines, indicating potential structural challenges.
Future trends to watch in the European mining and quarrying industry include:
- The impact of green energy policies on traditional mining economies.
- Technological advancements enhancing operational efficiency.
- Increasing regulatory pressures and their effect on investment flows.
Top countries in Mining and Quarrying Turnover Index by Country
| # | 10 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 326.9 | 2022 | +98.84% | +29.9% | View data |
| 2 | 2 Cyprus | 236.6 | 2022 | +16.04% | +8.29% | View data |
| 3 | 3 Sweden | 229.5 | 2022 | 0% | +9.47% | View data |
| 4 | 4 Serbia | 227.1 | 2022 | +119.85% | +25.76% | View data |
| 5 | 5 Romania | 221 | 2022 | +77.37% | +19.74% | View data |
| 6 | 6 Netherlands | 214.4 | 2022 | +170.37% | +25.82% | View data |
| 7 | 7 Bulgaria | 189.2 | 2022 | +7.81% | +10.84% | View data |
| 8 | 8 Finland | 186.9 | 2022 | +17.18% | +7.48% | View data |
| 9 | 9 Montenegro | 186.9 | 2022 | +27.49% | +5.89% | View data |
| 10 | 10 Poland | 186.2 | 2022 | +44.01% | +11.65% | View data |
