In 2023, Norway led European explosives production with 37.02% share but experienced a significant decline of 16.13% from previous years. The UK showed positive growth at 7.89%, while Sweden remained constant. Germany saw a modest increase of 1.36%. Poland, Spain, and France had minor changes, with France increasing by 6.99%. Smaller markets like Italy experienced notable growth at 57.04%, highlighting potential for development. Most countries experienced marginal fluctuations, reflecting a stable market.
Future trends may see shifts in production due to regulatory changes, technological advancements, and demand fluctuations in emerging sectors such as mining, construction, and defense. Monitoring of policy adjustments and technological innovations could unveil opportunities for growth within Europe’s explosive production landscape.
Top countries in Sold Production of Explosives Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 37.02 | 2023 | +0.0094% | -16.13% | View data |
| 2 | 2 United Kingdom | 9.75 | 2023 | +5.36% | +7.89% | View data |
| 3 | 3 Sweden | 9.5 | 2023 | -0.15% | View data | |
| 4 | 4 Germany | 8.47 | 2023 | -1.72% | +1.36% | View data |
| 5 | 5 Poland | 7.94 | 2023 | +1.57% | +0.3% | View data |
| 6 | 6 Spain | 7.44 | 2023 | +2.67% | -0.62% | View data |
| 7 | 7 France | 7.03 | 2023 | +32.69% | +6.99% | View data |
| 8 | 8 Finland | 4.98 | 2023 | +12.69% | -1.69% | View data |
| 9 | 9 Estonia | 2.77 | 2023 | +4.71% | -2.57% | View data |
| 10 | 10 Bulgaria | 1.77 | 2023 | -0.87% | +0.83% | View data |
