Price for Monumental or Building Stone, Other than Granite and Sandstone in Norway - 2024

Contents:

  1. Price for Monumental or Building Stone, Other than Granite and Sandstone in Norway (FOB) - 2022
  2. Price for Monumental or Building Stone, Other than Granite and Sandstone in Norway (CIF) - 2022
  3. Exports of Monumental or Building Stone, Other than Granite and Sandstone in Norway
  4. Imports of Monumental or Building Stone, Other than Granite and Sandstone in Norway

Price for Monumental or Building Stone, Other than Granite and Sandstone in Norway (FOB) - 2022

In 2022, the average export price for monumental or building stone, other than granite and sandstone amounted to $139 per ton, which is down by -12.1% against the previous year. Over the period under review, the export price recorded a drastic downturn. The pace of growth was the most pronounced in 2013 an increase of 13%. Over the period under review, the average export prices attained the peak figure at $346 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($386 per ton), while the average price for exports to Denmark ($16 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+2.2%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Monumental or Building Stone, Other than Granite and Sandstone in Norway (CIF) - 2022

In 2022, the average import price for monumental or building stone, other than granite and sandstone amounted to $333 per ton, waning by -24.1% against the previous year. In general, the import price showed a abrupt decline. The most prominent rate of growth was recorded in 2017 when the average import price increased by 381%. As a result, import price reached the peak level of $2,053 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($17,992 per ton), while the price for Germany ($221 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+61.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Monumental or Building Stone, Other than Granite and Sandstone in Norway

In 2022, overseas shipments of monumental or building stone, other than granite and sandstone decreased by -3.7% to 456K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +11.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 28%. As a result, the exports reached the peak of 474K tons, and then fell modestly in the following year.

In value terms, exports of monumental or building stone, other than granite and sandstone fell significantly to $64M in 2022. Overall, exports showed a pronounced curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 19% against the previous year. As a result, the exports attained the peak of $75M, and then plummeted in the following year.

Export of Monumental or Building Stone, Other than Granite and Sandstone in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China34.727.226.423.6-12.1%
India7.06.35.36.6-1.9%
Spain3.44.45.35.215.2%
Italy8.99.37.14.1-22.8%
Germany1.71.22.64.134.1%
Poland0.61.81.72.969.1%
Vietnam2.94.12.52.8-1.2%
Pakistan1.42.03.02.724.5%
France1.91.62.62.611.0%
Denmark0.40.60.81.244.2%
Lithuania0.10.40.30.9108.0%
Others5.53.917.36.87.3%
Total68.362.875.063.5-2.4%

Top Export Markets for Monumental or Building Stone, Other than Granite and Sandstone from Norway in 2022:

  1. China (91.8K tons)
  2. Poland (84.1K tons)
  3. Denmark (70.7K tons)
  4. Germany (53.0K tons)
  5. France (39.1K tons)
  6. Lithuania (25.1K tons)
  7. India (17.1K tons)
  8. Spain (14.4K tons)
  9. Italy (13.6K tons)
  10. Pakistan (10.7K tons)
  11. Vietnam (9.4K tons)

Imports of Monumental or Building Stone, Other than Granite and Sandstone in Norway

In 2022, overseas purchases of monumental or building stone, other than granite and sandstone were finally on the rise to reach 599 tons after two years of decline. In general, imports, however, faced a deep downturn.

In value terms, imports of monumental or building stone, other than granite and sandstone rose rapidly to $199K in 2022. Overall, imports, however, recorded a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 16%.

Import of Monumental or Building Stone, Other than Granite and Sandstone in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1768.2175106-15.6%
Sweden15.228.020.946.044.6%
Denmark10.16.710.915.615.6%
GreeceN/AN/AN/A15.00%
FinlandN/A17.818.07.2-36.4%
China1172450.71.9-74.7%
IndiaN/A35.81.10.5-88.2%
Others55.8-182.7-41.26.7-50.7%
Total374159185199-19.0%

Top Suppliers of Monumental or Building Stone, Other than Granite and Sandstone to Norway in 2022:

  1. Germany (481.9 tons)
  2. Sweden (85.2 tons)
  3. Denmark (67.2 tons)
  4. Greece (31.3 tons)
  5. Finland (10.5 tons)
  6. China (0.1 tons)

Source: IndexBox Market Intelligence Platform

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