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

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

The Europe market for granules, chippings and powder of monumental stone expanded slightly to $X in 2023, picking up by X% against the previous year. The total consumption indicated resilient growth 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 2021 indices. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

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

In value terms, monumental stone granules and powder production rose slightly to $X in 2023 estimated in export price. Over the period under review, production enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. The level of production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Exports of Granules, Chippings And Powder Of Monumental Stone

Exports in Europe

In 2023, the amount of granules, chippings and powder of monumental stone exported in Europe amounted to X tons, picking up by X% on the previous year's figure. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

In value terms, monumental stone granules and powder exports expanded remarkably to $X in 2023. The total export value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports hit record highs in 2023 and are expected to retain growth in the near future.

Exports by Country

Germany was the largest exporter of granules, chippings and powder of monumental stone in Europe, with the volume of exports finishing at X tons, which was approx. X% of total exports in 2023. Belgium (X tons) took the second position in the ranking, distantly followed by Norway (X tons) and Austria (X tons). All these countries together took approx. X% share of total exports. France (X tons), the Netherlands (X tons) and the Czech Republic (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Belgium (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

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

From 2012 to 2023, the average annual rate of growth in terms of value in Germany amounted to X%. In the other countries, the average annual rates were as follows: Norway (X% per year) and Belgium (X% per year).

Export Prices by Country

In 2023, the export price in Europe amounted to $X per ton, leveling off at the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. Over the period under review, the export prices attained the peak figure in 2023 and is likely to see steady growth in the immediate term.

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 the Netherlands ($X per ton), while Austria ($X per ton) was amongst the lowest.

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

Imports of Granules, Chippings And Powder Of Monumental Stone

Imports in Europe

In 2023, purchases abroad of granules, chippings and powder of monumental stone decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. Over the period under review, imports saw a pronounced shrinkage. The growth pace was the most rapid in 2014 when imports increased by 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 declined modestly to $X in 2023. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X%. The level of import peaked at $X in 2022, and then dropped modestly in the following year.

Imports by Country

Germany represented the key importer of granules, chippings and powder of monumental stone in Europe, with the volume of imports recording X tons, which was approx. X% of total imports in 2023. France (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Switzerland (X%) and the Netherlands (X%). Sweden (X tons), Latvia (X tons), Belgium (X tons), Slovenia (X tons), Russia (X tons), Malta (X tons), Austria (X tons), the Czech Republic (X tons) and Poland (X tons) followed a long way behind the leaders.

Imports into Germany decreased at an average annual rate of X% from 2012 to 2023. At the same time, Malta (X%), Sweden (X%), France (X%), Austria (X%) and Slovenia (X%) displayed positive paces of growth. Moreover, Malta emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2023. The Czech Republic and the Netherlands experienced a relatively flat trend pattern. By contrast, Latvia (X%), Switzerland (X%), Russia (X%), Belgium (X%) and Poland (X%) illustrated a downward trend over the same period. While the share of France (X p.p.), Sweden (X p.p.), Malta (X p.p.), the Netherlands (X p.p.) and Slovenia (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Poland (X p.p.) and Germany (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), the Netherlands ($X) and France ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Switzerland, Belgium, Sweden, Poland, Austria, Slovenia, Malta, Latvia, the Czech Republic and Russia lagged somewhat behind, together accounting for a further X%.

Malta, 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 Europe stood at $X per ton in 2023, growing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. As a result, import price attained 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 the Netherlands ($X per ton), while Russia ($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