Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Belgium - 2023

Contents:

1. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Belgium (CIF) - 2022
2. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Belgium (FOB) - 2022
3. Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Belgium
4. Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Belgium

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Belgium (CIF) - 2022

In 2022, the average import price for millstones, grindstones, grinding wheels and the like; of natural stones amounted to $0.5 per unit, increasing by 41% against the previous year. In general, the import price, however, continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2019 an increase of 129%. As a result, import price attained the peak level of $0.8 per unit. From 2020 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 the Netherlands ($1.9 per unit), while the price for Indonesia ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Belgium (FOB) - 2022

In 2022, the average export price for millstones, grindstones, grinding wheels and the like; of natural stones amounted to $0.7 per unit, rising by 20% against the previous year. Over the period under review, the export price posted a perceptible increase. The pace of growth was the most pronounced in 2014 an increase of 373%. As a result, the export price attained the peak level of $1 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($0.8 per unit), while the average price for exports to Cyprus ($0.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+46.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Belgium

In 2022, supplies from abroad of millstones, grindstones, grinding wheels and the like; of natural stones decreased by -30.6% to 715K units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 200% against the previous year. As a result, imports reached the peak of 1M units, and then contracted significantly in the following year.

In value terms, imports of millstones, grindstones, grinding wheels and the like; of natural stones fell to $367K in 2022. In general, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 110%. As a result, imports attained the peak of $375K, and then shrank in the following year.

Top Suppliers of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone to Belgium in 2022:

1. China (588.6K units)
2. Indonesia (33.7K units)
3. Netherlands (26.7K units)
4. France (26.1K units)
5. Taiwan (Chinese) (13.1K units)
6. Germany (9.8K units)

Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Belgium

After three years of growth, shipments abroad of millstones, grindstones, grinding wheels and the like; of natural stones decreased by -27.8% to 431K units in 2022. Over the period under review, exports, however, saw significant growth. The growth pace was the most rapid in 2020 with an increase of 188%. Over the period under review, the exports of millstones, grindstones, grinding wheels and like; of natural stones hit record highs at 597K units in 2021, and then shrank significantly in the following year.

In value terms, exports of millstones, grindstones, grinding wheels and the like; of natural stones contracted to $316K in 2022. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,023%. Over the period under review, the exports of millstones, grindstones, grinding wheels and like; of natural stones reached the maximum at $365K in 2021, and then fell in the following year.

Top Export Markets for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone from Belgium in 2022:

1. Germany (259.7K units)
2. Italy (75.9K units)
3. France (46.4K units)
4. Hungary (17.8K units)
5. Cyprus (13.4K units)

Source: IndexBox Market Intelligence Platform