Brazil: Natural Stone Sett Market 2024

Natural Stone Sett Market Size in Brazil

The Brazilian natural stone sett market declined to $X in 2022, waning by -2.2% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Natural Stone Sett Production in Brazil

In value terms, natural stone sett production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 10% against the previous year. Natural stone sett production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Natural Stone Sett Exports

Exports from Brazil

In 2022, the amount of natural stone setts, kerbstones and flagstones exported from Brazil reduced sharply to X tons, waning by -30% against 2021 figures. Over the period under review, exports recorded a abrupt descent. The pace of growth appeared the most rapid in 2021 when exports increased by 9.5% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, natural stone sett exports contracted sharply to $X in 2022. Overall, exports recorded a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 11% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X tons), Japan (X tons) and Italy (X tons) were the main destinations of natural stone sett exports from Brazil, together accounting for 61% of total exports. Germany, Belgium, the Netherlands, the United States and Austria lagged somewhat behind, together comprising a further 33%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +3.5%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for natural stone sett exported from Brazil were France ($X), Japan ($X) and Germany ($X), with a combined 58% share of total exports. Italy, Belgium, the United States, the Netherlands and Austria lagged somewhat behind, together comprising a further 36%.

In terms of the main countries of destination, the Netherlands, with a CAGR of +0.8%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average natural stone sett export price stood at $X per ton in 2022, rising by 2.3% against the previous year. Overall, the export price, however, recorded a noticeable contraction. The pace of growth appeared the most rapid in 2017 when the average export price increased by 4.9%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 the United States ($X per ton), while the average price for exports to Italy ($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 the United States (+2.2%), while the prices for the other major destinations experienced a decline.

Natural Stone Sett Imports

Imports into Brazil

In 2022, overseas purchases of natural stone setts, kerbstones and flagstones increased by 18% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a deep downturn. The growth pace was the most rapid in 2014 with an increase of 82%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, natural stone sett imports skyrocketed to $X in 2022. Overall, imports saw a mild expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 92%. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Indonesia (X tons) was the main supplier of natural stone sett to Brazil, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Indonesia totaled +6.1%.

In value terms, Indonesia ($X) constituted the largest supplier of natural stone setts, kerbstones and flagstones to Brazil.

From 2012 to 2022, the average annual rate of growth in terms of value from Indonesia amounted to +6.5%.

Import Prices by Country

In 2022, the average natural stone sett import price amounted to $X per ton, rising by 8.3% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, natural stone sett import price increased by +60.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 34% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for Indonesia.

From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +10.3% per year.

Source: IndexBox Platform

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