Czech Republic: Granite Block Market 2024

Granite Block Market Size in the Czech Republic

The Czech granite block market skyrocketed to $X in 2022, growing by 37% against the previous year. Over the period under review, consumption, however, saw a pronounced setback. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Granite Block Production in the Czech Republic

In value terms, granite block production amounted to $X in 2022 estimated in export price. In general, production, however, continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2017 with an increase of 79%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Granite Block Exports

Exports from the Czech Republic

In 2022, shipments abroad of granite blocks and slabs decreased by -73.9% to X tons for the first time since 2016, thus ending a five-year rising trend. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 147%. As a result, the exports reached the peak of X tons, and then contracted remarkably in the following year.

In value terms, granite block exports shrank remarkably to $X in 2022. Overall, exports showed a pronounced setback. The most prominent rate of growth was recorded in 2021 when exports increased by 184% against the previous year. As a result, the exports attained the peak of $X, and then declined remarkably in the following year.

Exports by Country

Germany (X tons), Austria (X tons) and France (X tons) were the main destinations of granite block exports from the Czech Republic, with a combined 83% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of +11.8%), while shipments for the other leaders experienced a decline.

In value terms, France ($X) remains the key foreign market for granite blocks and slabs exports from the Czech Republic, comprising 60% of total exports. The second position in the ranking was taken by Hungary ($X), with a 19% share of total exports. It was followed by Slovakia, with a 6.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France stood at -5.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (-82.9% per year) and Slovakia (-3.7% per year).

Export Prices by Country

The average granite block export price stood at $X per ton in 2022, standing approx. at the previous year. In general, the export price showed a perceptible setback. The most prominent rate of growth was recorded in 2013 when the average export price increased by 45% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Germany ($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 France (+0.9%), while the prices for the other major destinations experienced a decline.

Granite Block Imports

Imports into the Czech Republic

In 2022, the amount of granite blocks and slabs imported into the Czech Republic skyrocketed to X tons, growing by 109% compared with 2021. Over the period under review, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2013 with an increase of 237% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, granite block imports stood at $X in 2022. In general, imports recorded a strong expansion. The growth pace was the most rapid in 2015 when imports increased by 194% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Italy (X tons) constituted the largest granite block supplier to the Czech Republic, accounting for a 57% share of total imports. Moreover, granite block imports from Italy exceeded the figures recorded by the second-largest supplier, Spain (X tons), threefold. Portugal (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy stood at +5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+50.4% per year) and Portugal (+34.1% per year).

In value terms, Italy ($X) constituted the largest supplier of granite blocks and slabs to the Czech Republic, comprising 78% of total imports. The second position in the ranking was taken by Spain ($X), with an 11% share of total imports. It was followed by France, with a 5.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy stood at +14.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+53.3% per year) and France (+61.3% per year).

Import Prices by Country

In 2022, the average granite block import price amounted to $X per ton, falling by -49.5% against the previous year. Overall, the import price, however, continues to indicate tangible growth. The pace of growth appeared the most rapid in 2020 an increase of 61%. The import price peaked at $X per ton in 2021, and then declined markedly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :