Forecast: Stone, Sand and Clay Quarrying Turnover in France

The stone, sand, and clay quarrying sector in France has observed a consistent downtrend in turnover from 2013 to 2023, starting at 6.27 billion Euros in 2013 and decreasing to 2.38 billion Euros in 2023. There has been a year-on-year decline observed in almost every year, with notable contraction periods in 2017 and 2023. The sector has seen an average annual decline (CAGR) of 5.08% over the last five years.

Future trends to watch for include:

  • Projected continued decline in turnover, forecasting a reduction to 1.23 billion Euros by 2028.
  • An estimated average annual decline rate of 10.58% over the next five years, reinforcing the downward trend.
  • Potential industry restructuring or pivot to sustainable quarrying practices to combat ongoing declines.
  • Market adaptation to economic and regulatory changes that may impact long-term recovery or stabilization.

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