The United Kingdom leads the European ornamental and building stone sector, with a turnover of €6.64 billion in 2023. Germany follows at €4.49 billion, while Italy and Poland register at significantly lower values. The UK and Germany showcased modest growth of 3.11% and 5.52%, respectively, in the past year. In contrast, Italy and Poland saw declines of 1.34% and 3.91%. Hungary and Lithuiania exhibited remarkable growth with rates of 32.98% and 29.13%, signaling potential market shifts. Conversely, Finland experienced a notable decrease of 8.3%.
Future trends to watch include:
- Diverse growth rates across countries suggest emerging opportunities in Eastern Europe.
- Environmental policies and sustainability efforts may influence operational practices and demand dynamics.
- Technological advancements could encourage innovation and efficiency in quarrying processes.
Top countries in Ornamental, Building Stone, Limestone, Gypsum, Chalk and Slate Quarrying Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 6,640 | 2023 | +3.74% | +3.11% | View data |
| 2 | 2 Germany | 4,490 | 2023 | +6.3% | +5.52% | View data |
| 3 | 3 Italy | 943.4 | 2023 | +2.12% | -1.34% | View data |
| 4 | 4 Poland | 751.6 | 2023 | +0.93% | -3.91% | View data |
| 5 | 5 France | 594.6 | 2023 | +0.12% | +1.49% | View data |
| 6 | 6 Spain | 511.1 | 2023 | -1.28% | -3.37% | View data |
| 7 | 7 Portugal | 400.3 | 2023 | +2.35% | +4.99% | View data |
| 8 | 8 Norway | 343.3 | 2023 | +0.59% | +1.31% | View data |
| 9 | 9 Hungary | 326.9 | 2023 | +28.9% | +32.98% | View data |
| 10 | 10 Belgium | 280.3 | 2023 | -5.81% | -3.74% | View data |