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

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

The Belgian market for granules, chippings and powder of monumental stone contracted to $X in 2021, declining by -12.8% against the previous year. In general, consumption recorded a pronounced shrinkage. Monumental stone granules and powder consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

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

In value terms, monumental stone granules and powder production reached $X in 2021 estimated in export price. In general, the total production indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -3.2% against 2018 indices. The growth pace was the most rapid in 2016 when the production volume increased by 43%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Exports of Granules, Chippings And Powder Of Monumental Stone

Exports from Belgium

After two years of decline, overseas shipments of granules, chippings and powder of monumental stone increased by 21% to X tons in 2021. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by 225% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, monumental stone granules and powder exports rose rapidly to $X in 2021. In general, exports showed a buoyant increase. The growth pace was the most rapid in 2016 with an increase of 123%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

France (X tons), the Netherlands (X tons) and Germany (X tons) were the main destinations of monumental stone granules and powder exports from Belgium, together comprising 97% of total exports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +84.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the Netherlands ($X) and Germany ($X) appeared to be the largest markets for monumental stone granules and powder exported from Belgium worldwide, together comprising 93% of total exports.

In terms of the main countries of destination, France, with a CAGR of +60.7%, saw 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 2021, the average export price for granules, chippings and powder of monumental stone amounted to $X per ton, which is down by -7% against the previous year. In general, the export price continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2013 when the average export price increased by 18%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-12.0%), while the prices for the other major destinations experienced a decline.

Imports of Granules, Chippings And Powder Of Monumental Stone

Imports into Belgium

In 2021, approx. X tons of granules, chippings and powder of monumental stone were imported into Belgium; with a decrease of -29.4% against the previous year's figure. Over the period under review, imports recorded a deep slump. The growth pace was the most rapid in 2015 when imports increased by 54%. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, monumental stone granules and powder imports shrank significantly to $X in 2021. In general, imports recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2015 with an increase of 14% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest monumental stone granules and powder supplier to Belgium, with a 54% share of total imports. Moreover, monumental stone granules and powder imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tons), twofold. The third position in this ranking was held by the Netherlands (X tons), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+8.0% per year) and the Netherlands (-17.7% per year).

In value terms, Germany ($X), France ($X) and the Netherlands ($X) constituted the largest monumental stone granules and powder suppliers to Belgium, together comprising 89% of total imports.

In terms of the main suppliers, Germany, with a CAGR of +1.6%, 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

In 2021, the average import price for granules, chippings and powder of monumental stone amounted to $X per ton, growing by 15% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.4%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 17% against the previous year. Over the period under review, average import prices reached the maximum in 2021 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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