Austria: Natural Stone Sett Market 2024

Natural Stone Sett Market Size in Austria

In 2022, the Austrian natural stone sett market increased by 30% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of +2.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Natural Stone Sett Production in Austria

In value terms, natural stone sett production expanded sharply to $X in 2022 estimated in export price. Overall, the total production indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +21.3% against 2019 indices. The pace of growth was the most pronounced in 2014 with an increase of 53%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Natural Stone Sett Exports

Exports from Austria

In 2022, shipments abroad of natural stone setts, kerbstones and flagstones increased by 17% to X tons, rising for the fifth consecutive year after three years of decline. In general, exports showed a strong increase. The growth pace was the most rapid in 2013 when exports increased by 122%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, natural stone sett exports soared to $X in 2022. Over the period under review, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2013 with an increase of 92% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for natural stone sett exports from Austria, with a 82% share of total exports. Moreover, natural stone sett exports to Germany exceeded the volume sent to the second major destination, Switzerland (X tons), eightfold. The third position in this ranking was taken by Hungary (X tons), with a 4.2% share.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to +25.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+7.4% per year) and Hungary (+40.5% per year).

In value terms, Germany ($X) remains the key foreign market for natural stone setts, kerbstones and flagstones exports from Austria, comprising 80% of total exports. The second position in the ranking was taken by Hungary ($X), with an 8.9% share of total exports. It was followed by Switzerland, with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled +16.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+40.3% per year) and Switzerland (-2.1% per year).

Export Prices by Country

The average natural stone sett export price stood at $X per ton in 2022, growing by 7.7% against the previous year. In general, the export price, however, recorded a pronounced downturn. The growth pace was the most rapid in 2019 when the average export price increased by 32% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Switzerland ($X 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 Slovenia (+4.5%), while the prices for the other major destinations experienced a decline.

Natural Stone Sett Imports

Imports into Austria

In 2022, approx. X tons of natural stone setts, kerbstones and flagstones were imported into Austria; declining by -8.5% against the year before. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 23% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, natural stone sett imports dropped to $X in 2022. The total import value increased at an average annual rate of +1.1% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2014 when imports increased by 19% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) constituted the largest natural stone sett supplier to Austria, with a 54% share of total imports. Moreover, natural stone sett imports from Germany exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. The third position in this ranking was taken by Slovenia (X tons), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled +8.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+3.1% per year) and Slovenia (+7.3% per year).

In value terms, Germany ($X) constituted the largest supplier of natural stone setts, kerbstones and flagstones to Austria, comprising 53% of total imports. The second position in the ranking was taken by Turkey ($X), with a 19% share of total imports. It was followed by Italy, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at +9.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+11.0% per year) and Italy (+0.8% per year).

Import Prices by Country

The average natural stone sett import price stood at $X per ton in 2022, rising by 4.2% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2018 an increase of 26% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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