Report Update Apr 1, 2024

Russian Federation - Granite (Crude) - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Russian Federation: Crude Granite Market 2024

Crude Granite Market Size in the Russian Federation

In 2022, the Russian crude granite market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption, however, recorded a perceptible decrease. Crude granite consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Crude Granite Exports

Exports from the Russian Federation

In 2022, after four years of growth, there was significant decline in shipments abroad of granite (crude), when their volume decreased by -11.8% to X tons. In general, exports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2015 when exports increased by 271%. Over the period under review, the exports attained the peak figure at X tons in 2021, and then dropped in the following year.

In value terms, crude granite exports fell to $X in 2022. Overall, exports, however, recorded a strong expansion. The pace of growth was the most pronounced in 2013 when exports increased by 80%. Over the period under review, the exports attained the peak figure at $X in 2021, and then declined in the following year.

Exports by Country

Belarus (X tons) was the main destination for crude granite exports from Russia, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belarus totaled +43.9%.

In value terms, Belarus ($X) also remains the key foreign market for granite (crude) exports from Russia.

From 2012 to 2022, the average annual rate of growth in terms of value to Belarus stood at +20.3%.

Export Prices by Country

The average crude granite export price stood at $X per ton in 2022, approximately reflecting the previous year. Over the period under review, the export price saw a abrupt decrease. The pace of growth appeared the most rapid in 2020 when the average export price increased by 24%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Belarus.

From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to +36.4% per year.

Crude Granite Imports

Imports into the Russian Federation

In 2022, after three years of decline, there was significant growth in supplies from abroad of granite (crude), when their volume increased by 15% to X tons. Over the period under review, imports recorded a slight increase. The pace of growth appeared the most rapid in 2017 with an increase of 1,404%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, crude granite imports shrank to $X in 2022. Overall, imports, however, showed a deep contraction. The pace of growth appeared the most rapid in 2017 when imports increased by 638% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Kazakhstan (X tons), Ukraine (X tons) and Finland (X tons) were the main suppliers of crude granite imports to Russia, together comprising 98% of total imports. Norway lagged somewhat behind, accounting for a further 2.4%.

From 2012 to 2022, the biggest increases were recorded for Norway (with a CAGR of +37.5%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Ukraine ($X), Kazakhstan ($X) and Norway ($X) constituted the largest crude granite suppliers to Russia, together comprising 88% of total imports.

Norway, with a CAGR of +26.6%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average crude granite import price amounted to $X per ton, waning by -18.3% against the previous year. In general, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2015 an increase of 131% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 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 Norway ($X per ton), while the price for Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for granite (crude) in the world?

The countries with the highest volumes of consumption in 2022 were Ukraine, China and India, together comprising 39% of global consumption. The United States, Indonesia, Japan, Pakistan, Nigeria, the UK, Brazil, Mexico, Poland and South Korea lagged somewhat behind, together comprising a further 31%.

What are the largest producers of granite (crude) in the world?

The countries with the highest volumes of production in 2022 were India, Ukraine and China, together comprising 52% of global production.

What are the leading suppliers of granite (crude) to the Russian Federation?

In value terms, Ukraine, Kazakhstan and Norway constituted the largest crude granite suppliers to Russia, together accounting for 88% of total imports.

What are the leading importers of granite (crude) from the Russian Federation?

In value terms, Belarus remains the key foreign market for granite crude) exports from Russia.

What is the average export price for granite (crude) in the Russian Federation?

The average crude granite export price stood at $96 per ton in 2022, flattening at the previous year.

What is the average import price for granite (crude) in the Russian Federation?

In 2022, the average crude granite import price amounted to $71 per ton, shrinking by -18.3% against the previous year.

This report provides an in-depth analysis of the crude granite market in the Russian Federation. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 08111233 - Granite, crude or roughly trimmed

Country coverage:

Russia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Russian Federation
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023