Belarus: Market for Granules, Chippings And Powder Of Monumental Stone 2024

Market Size for Granules, Chippings And Powder Of Monumental Stone in Belarus

The Belarusian market for granules, chippings and powder of monumental stone stood at $X in 2023, almost unchanged from the previous year. Over the period under review, the total consumption indicated a resilient expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. Over the period under review, the market attained the maximum level at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Production of Granules, Chippings And Powder Of Monumental Stone in Belarus

In value terms, monumental stone granules and powder production stood at $X in 2023 estimated in export price. In general, the total production indicated a noticeable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2014 with an increase of X%. Monumental stone granules and powder production peaked at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Exports of Granules, Chippings And Powder Of Monumental Stone

Exports from Belarus

In 2023, shipments abroad of granules, chippings and powder of monumental stone decreased by X% to X tons for the first time since 2015, thus ending a seven-year rising trend. Overall, exports recorded a deep slump. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The exports peaked at X tons in 2013; however, from 2014 to 2023, the exports failed to regain momentum.

In value terms, monumental stone granules and powder exports dropped to $X in 2023. Over the period under review, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2022 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X tons) was the main destination for monumental stone granules and powder exports from Belarus, accounting for a X% share of total exports. Moreover, monumental stone granules and powder exports to Russia exceeded the volume sent to the second major destination, Lithuania (X tons), more than tenfold.

From 2012 to 2023, the average annual growth rate of volume to Russia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (X% per year) and Poland (X% per year).

In value terms, Russia ($X) remains the key foreign market for granules, chippings and powder of monumental stone exports from Belarus, comprising X% of total exports. The second position in the ranking was held by Lithuania ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (X% per year) and Poland (X% per year).

Export Prices by Country

In 2023, the average export price for granules, chippings and powder of monumental stone amounted to $X per ton, approximately equating the previous year. Overall, the export price, however, showed a mild setback. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2023, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Lithuania ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (X%), while the prices for the other major destinations experienced a decline.

Imports of Granules, Chippings And Powder Of Monumental Stone

Imports into Belarus

In 2023, imports of granules, chippings and powder of monumental stone into Belarus soared to X tons, with an increase of X% compared with 2022 figures. Over the period under review, imports continue to indicate a pronounced expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2023, imports failed to regain momentum.

In value terms, monumental stone granules and powder imports soared to $X in 2023. In general, imports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, Russia (X tons) constituted the largest supplier of monumental stone granules and powder to Belarus, accounting for a X% share of total imports. Moreover, monumental stone granules and powder imports from Russia exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), sixfold.

From 2012 to 2023, the average annual growth rate of volume from Russia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (X% per year) and Poland (X% per year).

In value terms, the largest monumental stone granules and powder suppliers to Belarus were Russia ($X), Poland ($X) and Ukraine ($X), together comprising X% of total imports.

Among the main suppliers, Ukraine, 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 a decline.

Import Prices by Country

The average import price for granules, chippings and powder of monumental stone stood at $X per ton in 2023, remaining stable against the previous year. Over the period under review, the import price showed a deep setback. The growth pace was the most rapid in 2019 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2023, 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 Poland ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform