Benelux: Granite Building Stone Market 2024

Granite Building Stone Market Size in Benelux

For the third consecutive year, the Benelux granite building stone market recorded decline in sales value, which decreased by -36.8% to $X in 2021. In general, consumption showed a abrupt curtailment. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Granite Building Stone Production in Benelux

In value terms, granite building stone production contracted to $X in 2021 estimated in export price. Overall, production showed a perceptible setback. The most prominent rate of growth was recorded in 2018 with an increase of 16%. The level of production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Granite Building Stone Exports

Exports in Benelux

Granite building stone exports reduced to X tons in 2021, which is down by -14.7% compared with the year before. In general, exports saw a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 164%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, granite building stone exports shrank to $X in 2021. Over the period under review, exports saw a mild shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 89% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from the Netherlands (X tons) and Belgium (X tons), together reaching 100% of total export.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Netherlands (with a CAGR of -3.7%).

In value terms, the largest granite building stone supplying countries in Benelux were the Netherlands ($X) and Belgium ($X).

In terms of the main exporting countries, the Netherlands, with a CAGR of +2.0%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2021, growing by 13% against the previous year. Export price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, granite building stone export price decreased by -19.7% against 2018 indices. The pace of growth was the most pronounced in 2015 an increase of 50% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the export prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+6.6%).

Granite Building Stone Imports

Imports in Benelux

In 2021, the amount of granite building stone imported in Benelux contracted notably to X tons, waning by -15.8% against 2020 figures. Overall, imports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2020 with an increase of 86% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, granite building stone imports rose remarkably to $X in 2021. In general, imports showed a pronounced decline. The pace of growth appeared the most rapid in 2020 when imports increased by 54%. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X tons) and Belgium (X tons) prevails in imports structure, together committing 97% of total imports. Luxembourg (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Netherlands (with a CAGR of -4.4%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the Netherlands ($X), Belgium ($X) and Luxembourg ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for 99.9% of total imports.

The Netherlands, with a CAGR of +1.4%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2021, jumping by 35% against the previous year. Import price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +6.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Luxembourg ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+7.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform