Based on the data provided, the turnover in the mining and quarrying sector in Denmark is forecasted to experience a steady decline from 2024 to 2028. In 2024, turnover is expected to be DKK 18.48 billion, decreasing to DKK 8.87 billion by 2028. This represents significant year-on-year percentage drops: a 13.2% decline from 2024 to 2025, a 15.0% decline from 2025 to 2026, a 17.5% decline from 2026 to 2027, and a 21.1% decline from 2027 to 2028. The cumulative average growth rate (CAGR) over this five-year period indicates an average annual decline of approximately 17.1%.

Future trends to watch for:

Potential market consolidation due to shrinking revenues, leading to mergers or acquisitions within the sector.
Increased focus on sustainability and environmental regulations which may further impact the sector.
Technological advancements and automation that could reshape operational efficiencies and possibly mitigate revenue declines.