Benelux: Marble Building Stone Market 2024

Marble Building Stone Market Size in Benelux

In 2021, the Benelux marble building stone market decreased by -71.3% to $X, falling for the second year in a row after three years of growth. In general, consumption showed a abrupt contraction. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Marble Building Stone Production in Benelux

In value terms, marble building stone production shrank remarkably to $X in 2021 estimated in export price. Overall, production saw a drastic downturn. The growth pace was the most rapid in 2017 with an increase of 79% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Marble Building Stone Exports

Exports in Benelux

In 2021, the amount of marble building stone exported in Benelux surged to X tons, growing by 57% on the previous year. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 69%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, marble building stone exports surged to $X in 2021. Over the period under review, exports showed a tangible expansion. The growth pace was the most rapid in 2020 with an increase of 55%. The level of export peaked in 2021 and is likely to see steady growth in the immediate term.

Exports by Country

Belgium represented the main exporter of marble building stone in Benelux, with the volume of exports amounting to X tons, which was approx. 74% of total exports in 2021. It was distantly followed by the Netherlands (X tons), generating a 26% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to marble building stone exports from Belgium stood at -2.5%. At the same time, the Netherlands (+14.3%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +14.3% from 2012-2021. From 2012 to 2021, the share of the Netherlands increased by +18 percentage points.

In value terms, Belgium ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of exports in 2021.

Among the main exporting countries, the Netherlands, with a CAGR of +15.0%, saw the highest growth rate of 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, which is down by -2.7% against the previous year. Export price indicated a noticeable expansion from 2012 to 2021: its price increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, marble building stone export price decreased by -11.0% against 2019 indices. The pace of growth appeared the most rapid in 2017 when the export price increased by 32%. Over the period under review, the export prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+3.7%).

Marble Building Stone Imports

Imports in Benelux

Marble building stone imports rose to X tons in 2021, increasing by 4.8% against the previous year. Overall, imports, however, recorded a slight reduction. The pace of growth was the most pronounced in 2013 when imports increased by 87%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, marble building stone imports skyrocketed to $X in 2021. Total imports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +119.6% against 2016 indices. The pace of growth was the most pronounced in 2018 when imports increased by 30%. The level of import peaked in 2021 and is expected to retain growth in the near future.

Imports by Country

In 2021, Belgium (X tons) represented the largest importer of marble building stone, creating 66% of total imports. It was distantly followed by the Netherlands (X tons), achieving a 30% share of total imports. Luxembourg (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to marble building stone imports into Belgium stood at -3.8%. At the same time, Luxembourg (+6.5%) and the Netherlands (+5.6%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing importer imported in Benelux, with a CAGR of +6.5% from 2012-2021. From 2012 to 2021, the share of the Netherlands and Luxembourg increased by +14 and +1.8 percentage points, respectively.

In value terms, the largest marble building stone importing markets in Benelux were Belgium ($X), the Netherlands ($X) and Luxembourg ($X).

Luxembourg, with a CAGR of +11.2%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 Benelux stood at $X per ton in 2021, jumping by 15% against the previous year. Overall, the import price posted a buoyant expansion. The growth pace was the most rapid in 2014 an increase of 124%. Over the period under review, import prices hit record highs at $X per ton in 2019; afterwards, it flattened through to 2021.

There were significant differences in the average prices amongst the major importing countries. In 2021, 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 (+7.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform