The Stone, Sand, and Clay Quarrying production value in Poland experienced fluctuations between 2013 and 2023. In 2023, the production value stood at 1.69 billion euros. The sector saw a notable increase in value in 2018, with a year-on-year variation of 37.12%. However, there were periods of decline, such as in 2016 and 2019, with negative year-on-year changes of 11.54% and 8.13% respectively. The compound annual growth rate (CAGR) over the past five years was varied, with figures such as -2.79% noted in 2023. From 2024 onwards, the production value is forecasted to remain stable at 1.69 billion euros annually, suggesting a forecasted 5-year CAGR of approximately 0.01%.
Future trends to watch for:
- Potential impacts of environmental regulations on quarrying practices.
- Technological advancements in extraction and processing methods.
- Fluctuations in demand driven by construction and infrastructure projects.
- Geopolitical factors influencing raw material availability and market stability.