The gross investment in the Stone, Sand, and Clay Quarrying sector in Finland has seen considerable fluctuations over the past decade. In 2023, the market reached a value of 57.7 Million Euros, marking a notable increase from previous years. Since 2018, the CAGR has been 4.14%, indicating moderate growth. Year-on-year variations have also shown significant shifts, such as a notable rise of 34.08% in 2016 followed by a decline of 14.15% in 2017. Over the next five years, the investment is expected to grow at a slower pace, with a forecast 5-year CAGR of 1.37%.
Future trends to watch for include:
- Changes in construction demand, which drives quarrying needs
- Regulatory changes affecting environmental protection and resource extraction
- Technological advancements in quarrying processes for efficiency improvements
- Economic conditions that influence investment capacities
