Price for Monumental or Building Stone, Other than Granite and Sandstone in Estonia - 2023
Contents:
- Price for Monumental or Building Stone, Other than Granite and Sandstone in Estonia (CIF) - 2022
- Price for Monumental or Building Stone, Other than Granite and Sandstone in Estonia (FOB) - 2022
- Imports of Monumental or Building Stone, Other than Granite and Sandstone in Estonia
- Exports of Monumental or Building Stone, Other than Granite and Sandstone in Estonia
Price for Monumental or Building Stone, Other than Granite and Sandstone in Estonia (CIF) - 2022
In 2022, the average import price for monumental or building stone, other than granite and sandstone amounted to $333 per ton, jumping by 85% against the previous year. In general, the import price enjoyed a strong increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 ($432 per ton), while the price for Russia stood at $181 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+6.6%).
Price for Monumental or Building Stone, Other than Granite and Sandstone in Estonia (FOB) - 2022
The average export price for monumental or building stone, other than granite and sandstone stood at $215 per ton in 2022, growing by 130% against the previous year. Overall, the export price saw a perceptible increase. The most prominent rate of growth was recorded in 2017 an increase of 181% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,068 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($587 per ton), while the average price for exports to Finland ($93 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+63.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Monumental or Building Stone, Other than Granite and Sandstone in Estonia
After three years of growth, purchases abroad of monumental or building stone, other than granite and sandstone decreased by -56% to 368 tons in 2022. Overall, imports recorded a slight contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 51%. As a result, imports attained the peak of 835 tons, and then reduced markedly in the following year.
In value terms, imports of monumental or building stone, other than granite and sandstone fell dramatically to $122K in 2022. Over the period under review, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 60% against the previous year.
| Import of Monumental or Building Stone, Other than Granite and Sandstone in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 46.6 | 58.6 | 92.3 | 87.4 | 23.3% |
| Russia | 14.3 | 25.9 | 55.1 | 26.7 | 23.1% |
| Others | 0.1 | 13.2 | 2.7 | 8.2 | 334.4% |
| Total | 61.0 | 97.6 | 150 | 122 | 26.0% |
Top Suppliers of Monumental or Building Stone, Other than Granite and Sandstone to Estonia in 2022:
- Finland (202.6 tons)
- Russia (147.6 tons)
Exports of Monumental or Building Stone, Other than Granite and Sandstone in Estonia
In 2022, approx. 287 tons of monumental or building stone, other than granite and sandstone were exported from Estonia; increasing by 27% on the previous year. In general, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 230%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of monumental or building stone, other than granite and sandstone soared to $62K in 2022. Over the period under review, exports enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 221% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Monumental or Building Stone, Other than Granite and Sandstone in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 2.2 | 0.9 | N/A | 40.1 | 163.2% |
| Finland | 5.4 | 2.2 | 1.1 | 19.8 | 54.2% |
| Latvia | 1.3 | 1.0 | 15.1 | 1.0 | -8.4% |
| Ukraine | 4.3 | 2.4 | 2.0 | N/A | -31.8% |
| Others | 0.1 | N/A | 2.9 | 0.7 | 91.3% |
| Total | 13.2 | 6.6 | 21.1 | 61.6 | 67.1% |
Top Export Markets for Monumental or Building Stone, Other than Granite and Sandstone from Estonia in 2022:
- Finland (212.5 tons)
- Russia (68.2 tons)
- Latvia (4.0 tons)
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