The data for 2023 indicates Hungary leads with 209 high growth enterprises in the mining and quarrying sectors, followed by Italy with 106 and Portugal with 87. Noteworthy growth was recorded in Hungary and Romania, with annual increases of 47.44% and 41.21%, respectively. Italy and Portugal also experienced positive growth, albeit more moderate. However, Norway and Slovakia saw declines with decreases of 4.62% and 22.6%, respectively.
Future trends to watch include:
- Potential for Hungary and Romania to maintain high growth rates due to recent strong increases.
- Possible stabilization or recovery efforts in Norway and Slovakia to counteract recent declines.
- Further fluctuations as countries adapt to shifts in demand, technological advancements, and environmental regulations within the mining sector.
Top countries in Number of High Growth Enterprises in Mining and Quarrying by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 209 | 2023 | +34.84% | +47.44% | View data |
| 2 | 2 Italy | 106 | 2023 | +10.42% | +9.94% | View data |
| 3 | 3 Portugal | 87 | 2023 | +14.47% | +6.5% | View data |
| 4 | 4 Romania | 73 | 2023 | +12.31% | +41.21% | View data |
| 5 | 5 Czech Republic | 29 | 2023 | +11.54% | +6.67% | View data |
| 6 | 6 Lithuania | 26 | 2023 | +13.04% | 0% | View data |
| 7 | 7 Norway | 15 | 2023 | 0% | -4.62% | View data |
| 8 | 8 Latvia | 5 | 2023 | -16.67% | View data | |
| 9 | 9 Slovakia | 5 | 2023 | -16.67% | -22.6% | View data |
| 10 | 10 Iceland | 3 | 2023 | 0% | 0% | View data |
