The stone, sand, and clay quarrying production value in Austria experienced gradual fluctuations over the years, starting at 857.6 million euros in 2013 and reaching 881.6 million euros in 2023. Year-on-year variations illustrate a mixture of minor declines and modest increases, with the most notable increases occurring in 2017 (4.03%) and 2019 (3.46%). The segment observed a slight continuous upward trend, especially from 2020 to 2023, with a CAGR of 0.47% over the past five years.
The forecast for 2024-2028 suggests that production value will continue to rise moderately, with an annual average growth rate of 0.25%, projecting a 1.26% growth rate over the five-year span. Given this projection, production value is expected to reach 895.5 million euros by 2028, highlighting a steady, yet gradual, growth trend in the foreseeable future.
Future trends to watch for include the potential impact of technological advancements in quarrying processes, regulatory changes regarding environmental sustainability, and fluctuations in construction demand driven by economic conditions.
