The Gross Value Added (GVA) for the Mining and Quarrying sector in Sweden was recorded at 53.36 Billion Swedish Kronas in 2023. The forecasted data from 2024 to 2028 shows a steady increase: 54.66 Billion Swedish Kronas in 2024, 57.18 in 2025, 59.67 in 2026, 62.15 in 2027, and 64.59 in 2028.
Year-on-year analysis shows the following percentage increases:
- 2024: 2.43%
- 2025: 4.61%
- 2026: 4.35%
- 2027: 4.16%
- 2028: 3.93%
The compound annual growth rate (CAGR) is approximately 4.30% from 2024 to 2028.
Key future trends to monitor include advancements in mining technology, shifts in global demand for minerals, and potential regulatory changes aimed at promoting sustainability and reducing environmental impact. Additionally, monitoring geopolitical developments that might affect international trade and commodity prices will be crucial.
