In 2023, the production volumes of mining and quarrying in Europe show notable disparities among countries. Italy leads with €11.12 billion, indicating modest growth at 0.34% from the previous year. The Netherlands, despite its substantial production of €9.27 billion, faced a significant decrease of 5.21%. Finland, with €2.76 billion, saw a positive change of 2.15%, while Estonia and Latvia marked increases of 2.3% and 2.33% respectively. In contrast, Greece experienced a sharp decline of 7.16% with €0.787 billion, and Belgium, Luxembourg, Austria, and Slovenia remained relatively stagnant or had slight declines.
Future trends in European production volumes of mining and quarrying could be influenced by several factors:
- Environmental regulations and sustainability initiatives may impact production practices.
- Technological advancements in mining could enhance efficiency and yield.
- Fluctuations in global demand for raw materials might drive production volume changes.
- Political stability and economic policies within Europe could also play crucial roles.
Top countries in Production Volumes of Mining and Quarrying by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 11,120 | 2023 | +0.86% | +0.34% | View data |
| 2 | 2 Netherlands | 9,270 | 2023 | -6.79% | -5.21% | View data |
| 3 | 3 Finland | 2,760 | 2023 | +2.3% | +2.15% | View data |
| 4 | 4 Austria | 2,330 | 2023 | +0.23% | +0.0014% | View data |
| 5 | 5 Greece | 787.38 | 2023 | -5.63% | -7.16% | View data |
| 6 | 6 Belgium | 702.9 | 2023 | -0.59% | -0.87% | View data |
| 7 | 7 Estonia | 645.37 | 2023 | +2.5% | +2.3% | View data |
| 8 | 8 Slovenia | 347.22 | 2023 | +1.33% | +1.01% | View data |
| 9 | 9 Latvia | 301.78 | 2023 | +2.28% | +2.33% | View data |
| 10 | 10 Luxembourg | 74.35 | 2023 | -0.5% | -0.83% | View data |
