Eastern Europe: Market for Porphyry, Basalt and Quartzites 2024

Market Size for Porphyry, Basalt and Quartzites in Eastern Europe

For the tenth consecutive year, the East European porphyry, basalt and quartzites market recorded decline in sales value, which decreased by X% to $X in 2022. Over the period under review, consumption, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with a decrease of X%. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Porphyry, Basalt and Quartzites in Eastern Europe

In value terms, porphyry, basalt and quartzites production declined to $X in 2022 estimated in export price. In general, production, however, showed a abrupt decline. 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 reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Porphyry, Basalt and Quartzites

Exports in Eastern Europe

In 2022, overseas shipments of porphyry, basalt and quartzites increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports continue to indicate a strong increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, porphyry, basalt and quartzites exports fell to $X in 2022. Overall, exports saw a relatively flat trend pattern. 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, and then contracted in the following year.

Exports by Country

Slovakia represented the key exporter of porphyry, basalt and quartzites in Eastern Europe, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2022. Russia (X tons) took the second position in the ranking, distantly followed by Ukraine (X tons) and Poland (X tons). All these countries together took near X% share of total exports.

Slovakia was also the fastest-growing in terms of the porphyry, basalt and quartzites exports, with a CAGR of X% from 2012 to 2022. At the same time, Russia (X%) and Poland (X%) displayed positive paces of growth. By contrast, Ukraine (X%) illustrated a downward trend over the same period. While the share of Slovakia (X p.p.) and Russia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Poland (X p.p.) and Ukraine (X p.p.) displayed negative dynamics.

In value terms, the largest porphyry, basalt and quartzites supplying countries in Eastern Europe were Russia ($X), Slovakia ($X) and Ukraine ($X), together comprising X% of total exports.

Slovakia, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries 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, reducing by X% against the previous year. In general, the export price saw a abrupt contraction. The pace of growth appeared the most rapid in 2019 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the export prices remained at a somewhat lower figure.

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 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 export price figures.

Imports of Porphyry, Basalt and Quartzites

Imports in Eastern Europe

In 2022, after two years of growth, there was decline in purchases abroad of porphyry, basalt and quartzites, when their volume decreased by X% to X tons. In general, imports showed a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, porphyry, basalt and quartzites imports contracted to $X in 2022. Overall, imports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Lithuania represented the major importing country with an import of about X tons, which resulted at X% of total imports. It was distantly followed by Poland (X tons), Russia (X tons) and Slovakia (X tons), together generating a X% share of total imports. The following importers - the Czech Republic (X tons) and Romania (X tons) - together made up X% of total imports.

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

In value terms, the largest porphyry, basalt and quartzites importing markets in Eastern Europe were Lithuania ($X), Russia ($X) and Poland ($X), together comprising X% of total imports.

Among the main importing countries, Lithuania, with a CAGR of X%, saw the highest rates of growth with regard to 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

The import price in Eastern Europe stood at $X per ton in 2022, growing by X% against the previous year. In general, the import price, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2019 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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