Price for Monumental or Building Stone, Other than Granite and Sandstone in Lithuania - 2023

Contents:

  1. Price for Monumental or Building Stone, Other than Granite and Sandstone in Lithuania (CIF) - 2022
  2. Price for Monumental or Building Stone, Other than Granite and Sandstone in Lithuania (FOB) - 2022
  3. Imports of Monumental or Building Stone, Other than Granite and Sandstone in Lithuania
  4. Exports of Monumental or Building Stone, Other than Granite and Sandstone in Lithuania

Price for Monumental or Building Stone, Other than Granite and Sandstone in Lithuania (CIF) - 2022

The average import price for monumental or building stone, other than granite and sandstone stood at $37 per ton in 2022, dropping by -16.8% against the previous year. In general, the import price, however, recorded prominent growth. The pace of growth appeared the most rapid in 2014 an increase of 112% against the previous year. The import price peaked at $126 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Finland ($62 per ton), while the price for the Netherlands ($20 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-11.1%), while the prices for the other major suppliers experienced a decline.

Price for Monumental or Building Stone, Other than Granite and Sandstone in Lithuania (FOB) - 2022

In 2022, the average export price for monumental or building stone, other than granite and sandstone amounted to $198 per ton, falling by -90.8% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 1,081% against the previous year. Over the period under review, the average export prices reached the peak figure at $8,205 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for Uzbekistan amounted to +30.0% per year.

Imports of Monumental or Building Stone, Other than Granite and Sandstone in Lithuania

For the fourth year in a row, Lithuania recorded growth in supplies from abroad of monumental or building stone, other than granite and sandstone, which increased by 59% to 229K tons in 2022. Over the period under review, imports posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 789%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of monumental or building stone, other than granite and sandstone soared to $8.5M in 2022. Overall, imports enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 214% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Monumental or Building Stone, Other than Granite and Sandstone in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway15.93.04,0616,765652.1%
Russia1,0141,3241,539649-13.8%
Finland0.11322663481415.4%
Poland16029222832726.9%
Sweden6.929.637.1126163.3%
Netherlands47.695.897.990.123.7%
Others1571591741916.8%
Total1,4012,0366,4038,49682.4%

Top Suppliers of Monumental or Building Stone, Other than Granite and Sandstone to Lithuania in 2022:

  1. Norway (179.2K tons)
  2. Poland (13.7K tons)
  3. Russia (13.4K tons)
  4. Finland (5.6K tons)
  5. Sweden (5.3K tons)
  6. Netherlands (4.5K tons)

Exports of Monumental or Building Stone, Other than Granite and Sandstone in Lithuania

In 2022, the amount of monumental or building stone, other than granite and sandstone exported from Lithuania declined dramatically to 80 kg, reducing by -95.8% compared with the previous year. In general, exports showed a sharp decline. The pace of growth was the most pronounced in 2021 with an increase of 396%.

In value terms, exports of monumental or building stone, other than granite and sandstone contracted significantly to $16 in 2022. Overall, exports showed a significant contraction. The pace of growth was the most pronounced in 2021 with an increase of 116% against the previous year.

Export of Monumental or Building Stone, Other than Granite and Sandstone in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia18.31.91.9N/A-67.8%
Norway4.5N/AN/AN/A0%
Latvia4.6N/A0.9N/A-55.8%
Uzbekistan0.2N/A1.3N/A155.0%
PolandN/AN/A0.1N/A0%
Kazakhstan3.9N/AN/AN/A0%
United KingdomN/AN/AN/AN/A0%
OthersN/A0.1N/AN/A0%
Total31.41.94.1N/A-63.9%

Top Export Markets for Monumental or Building Stone, Other than Granite and Sandstone from Lithuania in 2022:

  1. United Kingdom (80.0 kg)

Source: IndexBox Market Intelligence Platform

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