In 2023, the operation of gravel and sand pits, along with the mining of clays and kaolin in Italy, stood at 1.34 billion euros. The forecast indicates steady growth from 2024 to 2028, with values projected to rise from 1.37 billion euros to 1.5 billion euros. Year-on-year growth amounts to approximately 2.9% between 2024 and 2025, 2.1% for 2025 to 2026, and 2.1% from 2026 to 2027. The five-year compound annual growth rate (CAGR) is approximately 2.3%.
Future trends to watch include:
- Technological advancements improving extraction efficiency.
- Environmental regulations possibly impacting cost structures and operations.
- Potential fluctuations in demand due to infrastructure developments or slowing construction activities.
- Economic factors influencing investment and production capabilities within Italy and across Europe.
