In 2023, Spain led European production of ornamental and building stone, registering an 18% increase, a significant outperformance compared to Italy’s modest 2.86% growth. Conversely, France and Germany saw slight declines. Notably, Sweden achieved a high growth rate of 13.82%, attributing its gains to increasing demand and innovation in quarrying techniques. Greece and other Eastern European countries like Lithuania and Estonia posted moderate growth, aligning with regional economic improvements. On the decline were Hungary and Ireland, influenced by fluctuating domestic markets and export challenges.
Looking ahead, Europe’s ornamental and building stone industry is set to evolve with a focus on sustainability. Automation and eco-friendly practices may substantially increase product value and market differentiation. Additionally, investments in infrastructure and construction are expected to drive steady demand, with technological advancements in stone processing enhancing supply chain efficiencies.
Top countries in Sold Production of Ornamental and Building Stone by Country
# | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Spain | 1,141,000,000 | 2023 | +8.73% | +18% | View data |
2 | 2 Italy | 875,990,000 | 2023 | +1.14% | +2.86% | View data |
3 | 3 France | 368,900,000 | 2023 | -3.15% | -3.43% | View data |
4 | 4 Germany | 303,210,000 | 2023 | +0.86% | -0.024% | View data |
5 | 5 Greece | 298,450,000 | 2023 | +12.95% | +2.48% | View data |
6 | 6 Poland | 283,110,000 | 2023 | +1.28% | +0.65% | View data |
7 | 7 Norway | 124,230,000 | 2023 | +3.68% | +7.32% | View data |
8 | 8 Sweden | 72,970,000 | 2023 | +5% | +13.82% | View data |
9 | 9 Hungary | 69,745,000 | 2023 | +2.58% | -3.68% | View data |
10 | 10 Romania | 66,936,000 | 2023 | +1.46% | +1.89% | View data |