The European mining and quarrying industry experienced varied turnover trends in recent years. Norway led with a decline of 5.31%, while the United Kingdom reduced by 5.11%. Germany faced a notable downturn of 12.54%, and the Netherlands dropped by 14.62%. Poland showed minimal change at -0.6%, whereas the Czech Republic and Sweden saw improvements of 2.77% and 3.74%, respectively. Hungary experienced significant growth by 14.28%, while Italy witnessed a sharp drop of 39.88%.
Future trends to watch include the ongoing shift towards sustainable mining practices, regulatory changes impacting operations, and the economic impact of fluctuating commodity prices. Emerging technologies and digitalization will also play a crucial role in shaping industry activities and profitability.
Top countries in Mining and Quarrying Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 66,210 | 2023 | +1.82% | -5.31% | View data |
| 2 | 2 United Kingdom | 34,000 | 2023 | -4.3% | -5.11% | View data |
| 3 | 3 Germany | 12,250 | 2023 | -0.68% | -12.54% | View data |
| 4 | 4 Poland | 12,160 | 2023 | +1.6% | -0.6% | View data |
| 5 | 5 Netherlands | 9,910 | 2023 | -15.2% | -14.62% | View data |
| 6 | 6 Czech Republic | 5,700 | 2023 | +6.6% | +2.77% | View data |
| 7 | 7 Sweden | 4,270 | 2023 | +1.51% | +3.74% | View data |
| 8 | 8 France | 3,350 | 2023 | -10% | -6.07% | View data |
| 9 | 9 Spain | 2,960 | 2023 | -5.13% | -6.5% | View data |
| 10 | 10 Denmark | 2,750 | 2023 | -3.95% | -8.56% | View data |
