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

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

The UK market for granules, chippings and powder of monumental stone expanded to $X in 2023, rising by X% against the previous year. Overall, consumption recorded a prominent expansion. Monumental stone granules and powder consumption peaked 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 the UK

In value terms, monumental stone granules and powder production reached $X in 2023 estimated in export price. Over the period under review, production posted a buoyant increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Exports of Granules, Chippings And Powder Of Monumental Stone

Exports from the UK

In 2023, shipments abroad of granules, chippings and powder of monumental stone decreased by X% to X tons, falling for the fourth consecutive year after three years of growth. Over the period under review, exports showed a abrupt slump. The growth pace was the most rapid in 2015 when exports increased by X%. The exports peaked at X tons in 2019; however, from 2020 to 2023, the exports remained at a lower figure.

In value terms, monumental stone granules and powder exports surged to $X in 2023. In general, exports, however, showed a relatively flat trend pattern. The exports peaked at $X in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Ireland (X tons) was the main destination for monumental stone granules and powder exports from the UK, with a X% share of total exports. Moreover, monumental stone granules and powder exports to Ireland exceeded the volume sent to the second major destination, Italy (X tons), twofold. The third position in this ranking was taken by the Netherlands (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Ireland stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and the Netherlands (X% per year).

In value terms, Falkland Islands (Malvinas) ($X) emerged as the key foreign market for granules, chippings and powder of monumental stone exports from the UK, comprising X% of total exports. The second position in the ranking was held by Italy ($X), with a X% share of total exports. It was followed by Ireland, with an X% share.

From 2012 to 2023, the average annual growth rate of value to Falkland Islands (Malvinas) amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Ireland (X% per year).

Export Prices by Country

The average export price for granules, chippings and powder of monumental stone stood at $X per ton in 2023, increasing by X% against the previous year. In general, the export price showed buoyant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Falkland Islands (Malvinas) ($X per ton), while the average price for exports to the Netherlands ($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 Falkland Islands (Malvinas) (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Granules, Chippings And Powder Of Monumental Stone

Imports into the UK

In 2023, monumental stone granules and powder imports into the UK contracted significantly to X tons, with a decrease of X% against 2022. Over the period under review, imports faced a deep slump. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, monumental stone granules and powder imports reduced markedly to $X in 2023. Overall, imports recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

Norway (X tons), France (X tons) and Ireland (X tons) were the main suppliers of monumental stone granules and powder imports to the UK, with a combined X% share of total imports. Germany, Sweden, Belgium and the Netherlands lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for Sweden (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of granules, chippings and powder of monumental stone to the UK, comprising X% of total imports. The second position in the ranking was held by Norway ($X), with an X% share of total imports. It was followed by Ireland, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from France totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (X% per year) and Ireland (X% per year).

Import Prices by Country

The average import price for granules, chippings and powder of monumental stone stood at $X per ton in 2023, jumping by X% against the previous year. In general, the import price enjoyed buoyant growth. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. The import price peaked in 2023 and is expected to retain growth in years to come.

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

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

Source: IndexBox Platform