Eastern Europe: Market for Granite, Sandstone And Other Building Stone 2024

Market Size for Granite, Sandstone And Other Building Stone in Eastern Europe

The East European market for granite, sandstone and other building stone skyrocketed to $X in 2022, increasing by X% against the previous year. In general, consumption saw a significant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Granite, Sandstone And Other Building Stone in Eastern Europe

In value terms, production of granite, sandstone and other building stone surged to $X in 2022 estimated in export price. Over the period under review, production showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, production of reached the peak level in 2022 and is expected to retain growth in years to come.

Exports of Granite, Sandstone And Other Building Stone

Exports in Eastern Europe

In 2022, after two years of growth, there was significant decline in overseas shipments of granite, sandstone and other building stone, when their volume decreased by X% to X tons. Over the period under review, exports, however, enjoyed strong growth. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons, and then declined markedly in the following year.

In value terms, exports of granite, sandstone and other building stone shrank rapidly to $X in 2022. Overall, exports recorded a pronounced decline. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then dropped remarkably in the following year.

Exports by Country

In 2022, Slovakia (X tons) represented the largest exporter of granite, sandstone and other building stone, constituting X% of total exports. It was distantly followed by Russia (X tons), Ukraine (X tons), Poland (X tons) and Romania (X tons), together comprising a X% share of total exports. Bulgaria (X tons) followed a long way behind the leaders.

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, Russia ($X), Ukraine ($X) and Slovakia ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Bulgaria, Romania and Poland lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Romania, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2022, the export price in Eastern Europe amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton, and then declined notably in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (X%), while the other leaders experienced a decline in the export price figures.

Imports of Granite, Sandstone And Other Building Stone

Imports in Eastern Europe

Imports of granite, sandstone and other building stone skyrocketed to X tons in 2022, growing by X% against the previous year's figure. In general, imports posted a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of import peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, imports of granite, sandstone and other building stone skyrocketed to $X in 2022. Overall, imports recorded prominent growth. The pace of growth was the most pronounced in 2021 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Lithuania represented the key importer of granite, sandstone and other building stone in Eastern Europe, with the volume of imports amounting to X tons, which was near X% of total imports in 2022. Poland (X tons) ranks second in terms of the total imports with a X% share, followed by Slovakia (X%), Russia (X%) and Belarus (X%).

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

In value terms, Poland ($X) constitutes the largest market for imported granite, sandstone and other building stone in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Lithuania ($X), with an X% share of total imports. It was followed by Belarus, with a X% share.

In Poland, imports of granite, sandstone and other building stone increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Lithuania (X% per year) and Belarus (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, dropping by X% against the previous year. In general, the import price, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2015 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, 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 a decline in the import price figures.

Source: IndexBox Platform

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