In 2023, Sweden and Finland led European metal ore extraction, with Sweden extracting 8.44 metric tons per capita and Finland 5.63. Bulgaria and Serbia showed noteworthy extraction increases, with Bulgaria at 4.95 and Serbia 3.54 metric tons per capita. Other countries like Albania, Austria, and Romania exhibited rising trends, whereas Portugal, Macedonia, Poland, and others saw declines. Italy showed a significant year-on-year increase with a 14.87% rise. Over the past two years, only a few countries reached a cumulative annual growth rate (CAGR). Nations like Germany (up 3.13%) and Bulgaria capitalized on positive trends, contrasting stagnation or declines in Western regions.
Looking ahead, there is an expectation for Sweden and Finland to remain leaders in metal ore extraction due to their established infrastructure and geological advantages. Attention should be given to environmental policies, market demand fluctuations, and investment in technology and workforce that may increasingly influence extraction volumes across Europe. Countries that previously saw increases may experience stabilization or modest growth as they adapt to these factors.
Top countries in Metal Ores Domestic Extraction by Country
| # | 10 Countries | Metric Tons Per Capita | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 8.44 | 2023 | +1.55% | +1.08% | View data |
| 2 | 2 Finland | 5.63 | 2023 | +23.77% | +0.064% | View data |
| 3 | 3 Bulgaria | 4.95 | 2023 | +0.98% | +1.9% | View data |
| 4 | 4 Serbia | 3.54 | 2023 | +3.12% | +8.68% | View data |
| 5 | 5 Portugal | 0.9 | 2023 | -0.88% | -0.066% | View data |
| 6 | 6 Macedonia | 0.84 | 2023 | -0.94% | -0.3% | View data |
| 7 | 7 Poland | 0.81 | 2023 | 0% | -0.58% | View data |
| 8 | 8 Bosnia and Herzegovina | 0.81 | 2023 | -0.86% | -1.77% | View data |
| 9 | 9 Albania | 0.73 | 2023 | +12.35% | +3.4% | View data |
| 10 | 10 Austria | 0.56 | 2023 | +1.09% | +4.69% | View data |
