From 2013 to 2023, the domestic extraction of marble, granite, sandstone, porphyry, and basalt in Sweden has displayed considerable fluctuation. It peaked in 2017 with a 60.36% year-on-year increase, followed by a significant drop in 2020 (-27.05%), and later stabilized with moderate growth. As of 2023, the extraction volume stood at 1.28 million metric tons, reflecting an 8.76% increase compared to the previous year.
Over the past two years, the year-on-year variation showcases modest recovery and stabilization, projecting a positive trend. The compound annual growth rate (CAGR) for the last five years was around 0.95%, indicating overall stability with slight upward momentum.
Looking forward, the forecast from 2024 to 2028 suggests a steady increase in extraction volume, with a CAGR of 1.99%, culminating in a total 10.34% growth by 2028. Key trends to watch include technological advancements in extraction processes, sustainability initiatives, and market demand fluctuations driven by construction and infrastructure projects.
