In 2023, the number of mining and quarrying enterprises in France stood at 532. Forecasts indicate a significant decline from 2024 through 2028, with an expected decrease to merely 75 enterprises by 2028. The estimated year-on-year percentage changes underscore this trend: a drop of approximately 21.9% from 2024 to 2025, 27.6% from 2025 to 2026, 37.8% from 2026 to 2027, and 59.7% from 2027 to 2028. The compound annual growth rate (CAGR) signals an average decline of over 34% annually from 2024 to 2028.
Future trends to monitor include:
- Technological advancements in mining that may counteract the downturn.
- Policy changes or regulatory measures impacting enterprise viability.
- Shifts in global demand for minerals that could affect market dynamics.