The stone, sand, and clay quarrying turnover in Norway is forecasted to grow moderately from 2024 to 2028, starting from 1.14 billion euros in 2024 and reaching 1.17 billion euros by 2028. This marks a steady increase, with year-on-year variations around 0.88%, 0%, 0.87%, and 0.86%. The Compound Annual Growth Rate (CAGR) over the forecast period is estimated to be 0.88%, reflecting a stable yet slow growth pattern.
The turnover in 2023 stood at 1.13 billion euros, and the forecasted values indicate a gradual upward trajectory. Trends to watch for include potential technological advancements in extraction and processing, regulatory changes, environmental considerations, and fluctuations in construction demand, which could significantly impact the sector.
