Forecast: Number of Enterprises in Mining and Quarrying Sector in Italy

Between 2024 and 2028, the number of enterprises in Italy's mining and quarrying sector is projected to decline steadily from 1.42 thousand to 1.11 thousand. Compared to 2023, there is a continued shrinkage in enterprise numbers, highlighting an ongoing contraction within the industry. The year-on-year analysis shows diminishing percentages that reflect this trend, with a compound annual growth rate indicating a consistent negative trajectory over the five-year span.

Future trends to watch include:

  • Potential impacts of environmental regulations and sustainability pressures on industry operations.
  • Technological advancements and their role in reshaping operational efficiencies.
  • Market demand fluctuations as Italy balances mining activities with renewable energy initiatives.
  • Changes in global commodity prices influencing the sector's viability.

Top Countries about Mining And Quarrying