Forecast: Mining and Quarrying Turnover in Sweden

In 2024, the turnover for the mining and quarrying sector in Sweden is forecasted to be 4.33 billion Euros. This follows a steady increase from actual turnover in 2023. The projected turnover for subsequent years shows a consistent upward trend, with values reaching 4.57 billion Euros by 2028. Year-on-year growth between 2025 and 2028 is expected to be approximately 1.37%. Over a five-year horizon, a compound annual growth rate (CAGR) of around 1.53% is forecasted.

Future trends to watch for include:

• Technological advancements in extraction and processing, which could drive efficiency and further growth.
• Fluctuations in global commodity prices, which may impact revenues and investment in the sector.
• Environmental regulations and their potential influence on operational costs and sustainability practices.
• Economic conditions and construction demand, as they correlate strongly with sector performance.