Report Update Nov 1, 2024

Belarus - Sandstone - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Sandstone Market 2024

Sandstone Market Size in Belarus

The Belarusian sandstone market expanded modestly to $X in 2022, increasing by 2.8% against the previous year. In general, consumption, however, saw a abrupt descent. The growth pace was the most rapid in 2020 when the market value increased by 9.4%. Sandstone consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Sandstone Production in Belarus

In value terms, sandstone production expanded to $X in 2022 estimated in export price. Overall, production, however, saw a abrupt curtailment. The growth pace was the most rapid in 2020 when the production volume increased by 9.5% against the previous year. Sandstone production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Sandstone Exports

Exports from Belarus

In 2022, sandstone exports from Belarus reduced dramatically to X tons, shrinking by -30.5% on 2021 figures. In general, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2016 when exports increased by 354%. The exports peaked at X tons in 2021, and then fell sharply in the following year.

In value terms, sandstone exports shrank sharply to $X in 2022. Overall, exports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 448% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then fell remarkably in the following year.

Exports by Country

Russia (X tons), Germany (X tons) and Lithuania (X tons) were the main destinations of sandstone exports from Belarus, with a combined 100% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +17.1%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for sandstone exported from Belarus were Russia ($X), Germany ($X) and Lithuania ($X), with a combined 99% share of total exports.

Among the main countries of destination, Germany, with a CAGR of +18.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average sandstone export price amounted to $X per ton, almost unchanged from the previous year. In general, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sandstone export price decreased by -0.5% against 2020 indices. The growth pace was the most rapid in 2015 when the average export price increased by 23% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($X per ton), while the average price for exports to Germany ($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 Lithuania (+9.7%).

Sandstone Imports

Imports into Belarus

After two years of decline, purchases abroad of sandstone increased by 48% to X tons in 2022. Over the period under review, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 365%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, sandstone imports skyrocketed to $X in 2022. Overall, imports showed buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of 646% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Russia (X tons), Poland (X tons) and India (X tons) were the main suppliers of sandstone imports to Belarus, with a combined 99% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +48.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Russia ($X) and India ($X) were the largest sandstone suppliers to Belarus, with a combined 97% share of total imports.

In terms of the main suppliers, India, with a CAGR of +18.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sandstone import price stood at $X per ton in 2022, rising by 5.3% against the previous year. Overall, the import price, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2013 an increase of 60%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+52.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sandstone in the world?

The country with the largest volume of sandstone consumption was China, accounting for 20% of total volume. Moreover, sandstone consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the UK, with a 7.8% share.

What are the largest producers of sandstone in the world?

The countries with the highest volumes of in 2021 were China, India and Poland, with a combined 37% share of global production. These countries were followed by the UK, the United States, Turkey, Indonesia, Russia, Brazil, Nigeria, Mexico, Vietnam and Pakistan, which together accounted for a further 32%.

What are the leading suppliers of sandstone to Belarus?

In value terms, Russia constituted the largest supplier of sandstone to Belarus, comprising 63% of total imports. The second position in the ranking was occupied by India, with a 23% share of total imports. It was followed by Poland, with a 6.9% share.

What are the leading importers of sandstone from Belarus?

In value terms, Russia remains the key foreign market for sandstone exports from Belarus, comprising 80% of total exports. The second position in the ranking was occupied by Germany, with a 10% share of total exports.

What is the average export price for sandstone in Belarus?

In 2021, the average sandstone export price amounted to $100 per ton, rising by 3.4% against the previous year.

What is the average import price for sandstone in Belarus?

In 2021, the average sandstone import price amounted to $71 per ton, shrinking by -7.4% against the previous year.

This report provides an in-depth analysis of the sandstone market in Belarus. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 08111250 - Sandstone

Country coverage:

Belarus

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Belarus
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023