The European Production of Mining Support Services in 2023 saw the Netherlands leading with a significant share at 43.44 million euros, despite a decrease of 15.31% from the previous year. Spain and Germany followed, with Spain showing a modest growth of 1.19% and Germany a robust increase of 9.22%. Finland and Slovakia also recorded positive trends, while Austria had the highest year-on-year growth at 13.25%. Other countries like Belgium and Slovenia experienced declines of 15.84% and 1.31% respectively. The five-year outlook encompasses varied compound annual growth rates, reflecting fluctuating dynamics across the region.
Future trends to watch include:
- Potential recovery in markets like the Netherlands as they address recent downturns.
- Sustained growth in Germany, building on its existing upward trajectory.
- Emergence of opportunities in undervalued markets like Portugal and Finland.
- Impact of transitioning to sustainable mining practices on service demand across Europe.
Top countries in Production of Mining Support Services Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 43.44 | 2023 | -21.76% | -15.31% | View data |
| 2 | 2 Spain | 12.49 | 2023 | +2.96% | +1.19% | View data |
| 3 | 3 Germany | 10.96 | 2023 | -6.15% | +9.22% | View data |
| 4 | 4 Finland | 10.56 | 2023 | +4.91% | +5.24% | View data |
| 5 | 5 Slovakia | 8.69 | 2023 | -0.34% | +0.54% | View data |
| 6 | 6 France | 7.64 | 2023 | +3.66% | +1.6% | View data |
| 7 | 7 Portugal | 3.52 | 2023 | +3.7% | +3.87% | View data |
| 8 | 8 Greece | 1.72 | 2023 | -0.72% | +0.37% | View data |
| 9 | 9 Austria | 0.63 | 2023 | -4.2% | +13.25% | View data |
| 10 | 10 Slovenia | 0.22 | 2023 | -0.82% | -1.31% | View data |
