The Stone, Sand and Clay Quarrying sector in France declined significantly from 2013 to 2023. Starting at 5.89 billion euros in 2013, the sector witnessed a consistent decrease, standing at 2.09 billion euros by 2023. The most notable declines occurred between 2016 and 2017 (30.96%) and between 2021 and 2023, leading to an 11.28% decrease last year. The average annual decay rate (CAGR) over the past five years was around -6.46%.
Future trends indicate a continued downward trajectory with an estimated CAGR of -15.23% over the next five years, affecting the industry's value, projected to shrink by 56.23% by 2028. Observing technological advancements, regulatory changes, and economic recovery efforts will be critical in understanding potential shifts in this trend.
