Price for Monumental or Building Stone, Other than Granite and Sandstone in Latvia - 2023
Contents:
- Price for Monumental or Building Stone, Other than Granite and Sandstone in Latvia (CIF) - 2022
- Price for Monumental or Building Stone, Other than Granite and Sandstone in Latvia (FOB) - 2022
- Imports of Monumental or Building Stone, Other than Granite and Sandstone in Latvia
- Exports of Monumental or Building Stone, Other than Granite and Sandstone in Latvia
Price for Monumental or Building Stone, Other than Granite and Sandstone in Latvia (CIF) - 2022
The average import price for monumental or building stone, other than granite and sandstone stood at $242 per ton in 2022, surging by 12% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 99% against the previous year. The import price peaked at $359 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($322 per ton), while the price for Russia ($210 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Monumental or Building Stone, Other than Granite and Sandstone in Latvia (FOB) - 2022
The average export price for monumental or building stone, other than granite and sandstone stood at $233 per ton in 2022, growing by 46% against the previous year. Overall, the export price, however, continues to indicate a abrupt downturn. The growth pace was the most rapid in 2016 an increase of 119% against the previous year. The export price peaked at $1,580 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
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 Estonia ($543 per ton), while the average price for exports to Lithuania ($166 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 Finland (+12.6%), while the prices for the other major destinations experienced a decline.
Imports of Monumental or Building Stone, Other than Granite and Sandstone in Latvia
In 2022, supplies from abroad of monumental or building stone, other than granite and sandstone decreased by -28.5% to 208 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a sharp contraction. The growth pace was the most rapid in 2020 when imports increased by 93% against the previous year. As a result, imports reached the peak of 1.1K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of monumental or building stone, other than granite and sandstone fell sharply to $50K in 2022. Overall, imports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 117%. As a result, imports reached the peak of $217K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Monumental or Building Stone, Other than Granite and Sandstone in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 72.1 | 60.9 | 39.0 | 28.8 | -26.4% |
| Finland | 0.8 | 1.8 | 7.8 | 17.4 | 179.1% |
| Ukraine | 14.9 | 27.2 | 16.9 | 3.7 | -37.1% |
| Lithuania | N/A | 125 | N/A | N/A | 0% |
| Others | 12.2 | 2.1 | -0.7 | 0.5 | -65.5% |
| Total | 99.9 | 217 | 63.1 | 50.4 | -20.4% |
Top Suppliers of Monumental or Building Stone, Other than Granite and Sandstone to Latvia in 2022:
- Russia (136.9 tons)
- Finland (54.2 tons)
- Ukraine (16.0 tons)
Exports of Monumental or Building Stone, Other than Granite and Sandstone in Latvia
Exports of monumental or building stone, other than granite and sandstone from Latvia surged to 126 tons in 2022, growing by 16% against the previous year. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 241%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of monumental or building stone, other than granite and sandstone surged to $29K in 2022. Overall, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 220% 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 Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 3.5 | 17.8 | 7.2 | 13.8 | 58.0% |
| Estonia | N/A | 1.5 | 2.9 | 8.3 | 135.2% |
| Finland | N/A | 0.1 | N/A | 7.2 | 748.5% |
| Russia | 5.0 | 7.6 | 7.0 | N/A | 18.3% |
| Others | 0.1 | 0.5 | 0.2 | N/A | 41.4% |
| Total | 8.6 | 27.5 | 17.3 | 29.3 | 50.5% |
Top Export Markets for Monumental or Building Stone, Other than Granite and Sandstone from Latvia in 2022:
- Lithuania (82.9 tons)
- Finland (27.3 tons)
- Estonia (15.3 tons)
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