Key Market Indicators
Revenue from Serbia's mining and quarrying sector is expected to reach €538.7 million by 2026, down 0.4% annually from €524 million in 2021. Serbia was positioned 24th in the ranking of countries in 2021; Slovakia overtook Serbia with €524 million. The United Kingdom, Germany, and the Netherlands were ranked 2nd, 3rd, and 4th, respectively. Production from Serbia's mining and quarrying sector is projected to reach €1.58 billion by 2026, an average annual growth rate of 0.7% from €1.49 billion in 2021. Since 2000, Serbia's supply has grown 3.8% year on year. In 2021, Serbia was positioned 17th, with Bulgaria leading with €1.49 billion. The United Kingdom, Poland, and Germany were ranked 2nd, 3rd, and 4th, respectively.