Scandinavia: Marble Building Stone Market 2024

Marble Building Stone Market Size in Scandinavia

In 2023, the Scandinavia marble building stone market increased by X% to $X, rising for the third year in a row after two years of decline. Over the period under review, consumption continues to indicate a resilient expansion. The level of consumption peaked in 2023 and is likely to see gradual growth in the near future.

Marble Building Stone Production in Scandinavia

In value terms, marble building stone production declined to $X in 2023 estimated in export price. In general, production recorded buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The level of production peaked at $X in 2022, and then fell in the following year.

Marble Building Stone Exports

Exports in Scandinavia

After two years of growth, overseas shipments of marble building stone decreased by X% to X tons in 2023. In general, exports, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The volume of export peaked at X tons in 2022, and then contracted in the following year.

In value terms, marble building stone exports dropped to $X in 2023. Overall, exports, however, enjoyed a prominent increase. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The level of export peaked at $X in 2022, and then declined in the following year.

Exports by Country

In 2023, Sweden (X tons) was the major exporter of marble building stone, committing X% of total exports. It was distantly followed by Finland (X tons), mixing up a X% share of total exports. Norway (X tons) took a relatively small share of total exports.

Sweden was also the fastest-growing in terms of the marble building stone exports, with a CAGR of X% from 2012 to 2023. At the same time, Finland (X%) displayed positive paces of growth. By contrast, Norway (X%) illustrated a downward trend over the same period. Sweden (X p.p.) significantly strengthened its position in terms of the total exports, while Finland and Norway saw its share reduced by X% and X% from 2012 to 2023, respectively.

In value terms, Sweden ($X) remains the largest marble building stone supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was held by Finland ($X), with a X% share of total exports.

In Sweden, marble building stone exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Finland (X% per year) and Norway (X% per year).

Export Prices by Country

In 2023, the export price in Scandinavia amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price showed buoyant growth. The pace of growth appeared the most rapid in 2014 an increase of X%. Over the period under review, the export prices reached the maximum at $X per ton in 2020; however, from 2021 to 2023, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Norway ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Norway (X%), while the other leaders experienced more modest paces of growth.

Marble Building Stone Imports

Imports in Scandinavia

In 2023, purchases abroad of marble building stone increased by X% to X tons, rising for the third year in a row after two years of decline. Over the period under review, imports showed a strong increase. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2023 and are likely to see gradual growth in the immediate term.

In value terms, marble building stone imports surged to $X in 2023. Overall, imports recorded strong growth. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2023 and are expected to retain growth in the immediate term.

Imports by Country

Sweden represented the major importer of marble building stone in Scandinavia, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2023. Norway (X tons) ranks second in terms of the total imports with a X% share, followed by Finland (X%).

Sweden was also the fastest-growing in terms of the marble building stone imports, with a CAGR of X% from 2012 to 2023. At the same time, Finland (X%) displayed positive paces of growth. Norway experienced a relatively flat trend pattern. Sweden (X p.p.) significantly strengthened its position in terms of the total imports, while Finland and Norway saw its share reduced by X% and X% from 2012 to 2023, respectively.

In value terms, Sweden ($X) constitutes the largest market for imported marble building stone in Scandinavia, comprising X% of total imports. The second position in the ranking was held by Norway ($X), with a X% share of total imports.

In Sweden, marble building stone imports increased at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Norway (X% per year) and Finland (X% per year).

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2023, rising by X% against the previous year. Import price indicated a remarkable increase from 2012 to 2023: its price 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, marble building stone import price increased by X% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Finland ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Finland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform