EU: Market for Granite, Sandstone And Other Building Stone 2024

Market Size for Granite, Sandstone And Other Building Stone in the EU

The EU market for granite, sandstone and other building stone skyrocketed to $X in 2022, increasing by X% against the previous year. Overall, consumption recorded a significant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Granite, Sandstone And Other Building Stone in the EU

In value terms, production of granite, sandstone and other building stone skyrocketed to $X in 2022 estimated in export price. Over the period under review, production saw a prominent expansion. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of Granite, Sandstone And Other Building Stone

Exports in the EU

In 2022, after two years of growth, there was significant decline in shipments abroad of granite, sandstone and other building stone, when their volume decreased by X% to X tons. Over the period under review, exports, however, showed moderate growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons, and then shrank sharply in the following year.

In value terms, exports of granite, sandstone and other building stone contracted markedly to $X in 2022. In general, exports recorded a mild setback. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then contracted dramatically in the following year.

Exports by Country

The shipments of the five major exporters of granite, sandstone and other building stone, namely Germany, Austria, Spain, Slovakia and Italy, represented more than two-thirds of total export. It was distantly followed by Portugal (X tons), mixing up a X% share of total exports. France (X tons) took a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Spain ($X) and Germany ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Portugal, Austria, France and Slovakia lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Slovakia, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the export price recorded a noticeable decline. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then contracted dramatically in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other leaders experienced more modest paces of growth.

Imports of Granite, Sandstone And Other Building Stone

Imports in the EU

In 2022, approx. X tons of granite, sandstone and other building stone were imported in the European Union; increasing by X% compared with the previous year's figure. Over the period under review, imports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, imports of granite, sandstone and other building stone stood at $X in 2022. Total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in years to come.

Imports by Country

The purchases of the three major importers of granite, sandstone and other building stone, namely Lithuania, France and the Netherlands, represented more than half of total import. Poland (X tons) took the next position in the ranking, followed by Germany (X tons). All these countries together held near X% share of total imports. Malta (X tons), Slovakia (X tons), Italy (X tons), Croatia (X tons), Belgium (X tons) and Greece (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Malta (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Poland ($X) and France ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports. Lithuania, Italy, Germany, Belgium, Malta, Greece, Croatia and Slovakia lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Malta, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, which is down by X% against the previous year. In general, the import price continues to indicate a mild setback. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The level of import peaked at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Poland ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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