Eastern Europe: Market for Granules, Chippings And Powder Of Monumental Stone 2024

Market Size for Granules, Chippings And Powder Of Monumental Stone in Eastern Europe

In 2023, after three years of decline, there was significant growth in the East European market for granules, chippings and powder of monumental stone, when its value increased by X% to $X. The total consumption indicated a perceptible increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2023, consumption failed to regain momentum.

Production of Granules, Chippings And Powder Of Monumental Stone in Eastern Europe

In value terms, monumental stone granules and powder production reached $X in 2023 estimated in export price. The total production indicated a perceptible increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2023, production failed to regain momentum.

Exports of Granules, Chippings And Powder Of Monumental Stone

Exports in Eastern Europe

In 2023, shipments abroad of granules, chippings and powder of monumental stone increased by X% to X tons, rising for the fourth consecutive year after two years of decline. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, the exports attained the peak of X tons. From 2016 to 2023, the growth of the exports failed to regain momentum.

In value terms, monumental stone granules and powder exports surged to $X in 2023. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, the exports reached the peak of $X. From 2016 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Czech Republic (X tons) and Ukraine (X tons) dominates exports structure, together achieving X% of total exports. The following exporters - Belarus (X tons) and Poland (X tons) - together made up X% of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the Czech Republic (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, the Czech Republic ($X) remains the largest monumental stone granules and powder supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Poland ($X), with a X% share of total exports. It was followed by Ukraine, with a X% share.

From 2012 to 2023, the average annual growth rate of value in the Czech Republic amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (X% per year) and Ukraine (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2023, shrinking by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the export price increased by X%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Poland ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Granules, Chippings And Powder Of Monumental Stone

Imports in Eastern Europe

Monumental stone granules and powder imports skyrocketed to X tons in 2023, rising by X% on the previous year's figure. In general, imports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, monumental stone granules and powder imports rose significantly to $X in 2023. Overall, imports, however, continue to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Latvia (X tons) and Russia (X tons) represented the key importers of granules, chippings and powder of monumental stone in 2023, accounting for near X% and X% of total imports, respectively. The Czech Republic (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Poland (X%) and Moldova (X%). Ukraine (X tons) and Slovakia (X tons) took a relatively small share of total imports.

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

In value terms, Poland ($X), Latvia ($X) and the Czech Republic ($X) were the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Slovakia, Ukraine, Russia and Moldova lagged somewhat behind, together comprising a further X%.

Slovakia, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries 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 2023, which is down by X% against the previous year. Overall, the import price, however, posted tangible growth. The most prominent rate of growth was recorded in 2016 an increase of X%. The level of import peaked at $X per ton in 2022, and then shrank in the following year.

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 Slovakia ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform