Norway leads the European Mining and Quarrying Turnover Index with a value of 31.76 in 2024, showing significant growth from past years with a year-on-year increase of 29.15%. Cyprus, Sweden, and Serbia are also notable with high values and considerable year-on-year growth, especially Serbia witnessing a significant 25.76% rise. Meanwhile, Germany, Luxembourg, and Switzerland remain at the lower end of the index, alongside small year-on-year variations. Longer-term analysis indicates varied growth, with Eastern European countries like Romania and Poland showing steady improvement, while some Western European countries have shown stagnation or minimal growth.
Looking ahead, future trends to monitor for the European Mining and Quarrying Turnover include technological advancements driving efficiencies, regulatory changes impacting operations, and market demand fluctuations due to geopolitical or environmental factors. Countries demonstrating consistent growth, like Norway and Serbia, may continue to lead the index unless significant market disruptions occur. Conversely, the lower-positioned countries may aim to leverage technological and regulatory advancements to improve their standings.
Top countries in Mining and Quarrying Turnover Index by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 317.6 | 2022 | +93.19% | +29.15% | View data |
| 2 | 2 Cyprus | 238.2 | 2022 | +16.25% | +8.2% | View data |
| 3 | 3 Sweden | 229.9 | 2022 | -0.043% | +9.51% | View data |
| 4 | 4 Serbia | 227.1 | 2022 | +97.31% | +25.76% | View data |
| 5 | 5 Romania | 218.5 | 2022 | +77.64% | +19.84% | View data |
| 6 | 6 Netherlands | 214.1 | 2022 | +169.65% | +25.82% | View data |
| 7 | 7 Bulgaria | 188.4 | 2022 | +7.66% | +10.84% | View data |
| 8 | 8 Finland | 187.9 | 2022 | +17.07% | +7.61% | View data |
| 9 | 9 Montenegro | 185.9 | 2022 | +26.21% | +5.71% | View data |
| 10 | 10 Poland | 185.5 | 2022 | +43.35% | +11.72% | View data |
