The Stone, Sand and Clay Quarrying Sector in Germany has demonstrated fluctuating turnover growth between 2013 and 2023. The sector saw significant growth in 2014, 2017, and 2018, with notable year-on-year increases of 17.55%, 4.33%, and 20.99% respectively. However, it also faced declines in 2013 and 2019, with -5.33% and -4.36% respectively. By 2023, the turnover stood at 7.91 Billion Euros, reflecting a moderate growth with a year-on-year increase of 3.52% and a five-year CAGR of 1.7%.
Over the next five years, the forecast indicates a steady positive trend, with an expected five-year CAGR of 2.42% and an overall growth rate of 12.7% by 2028. Key future trends to watch for include technological advancements in quarrying processes, increasing demand for sustainable practices, and the impact of regulatory changes and economic factors on industry growth.
