The stone, sand, and clay quarrying turnover in Sweden was recorded at 715.5 million Euros in 2023. Forecasted figures from 2024 to 2028 show incremental year-on-year increases: 0.13% in 2024, 0.13% in 2025, 0.13% in 2026, 0.11% in 2027, and 0.12% in 2028. Over the last two years (2022-2023), the turnover experienced a minimal 0.1% increase. The compound annual growth rate (CAGR) over the next five years is projected to be around 0.12% per annum.
Future trends to watch for include potential shifts in construction demand, environmental regulations impacting mining activities, and technological advancements in quarrying operations. Market participants should also be aware of global commodity price fluctuations that may affect operating costs and profitability.
