Czech Republic: Natural Stone Sett Market 2024

Natural Stone Sett Market Size in the Czech Republic

The Czech natural stone sett market declined to $X in 2022, with a decrease of -11.4% against the previous year. Overall, consumption, however, enjoyed a temperate increase. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Natural Stone Sett Production in the Czech Republic

In value terms, natural stone sett production declined markedly to $X in 2022 estimated in export price. Over the period under review, production showed a slight setback. The pace of growth appeared the most rapid in 2017 when the production volume increased by 132%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Natural Stone Sett Exports

Exports from the Czech Republic

In 2022, overseas shipments of natural stone setts, kerbstones and flagstones increased by 15% to X tons, rising for the second year in a row after three years of decline. Overall, exports, however, saw a deep contraction. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, natural stone sett exports contracted rapidly to $X in 2022. In general, exports, however, saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 20%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for natural stone sett exports from the Czech Republic, with a 78% share of total exports. Moreover, natural stone sett exports to Germany exceeded the volume sent to the second major destination, Slovakia (X tons), sevenfold.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled -7.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+28.9% per year) and Austria (-10.3% per year).

In value terms, Germany ($X) remains the key foreign market for natural stone setts, kerbstones and flagstones exports from the Czech Republic, comprising 74% of total exports. The second position in the ranking was held by Slovakia ($X), with a 15% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Germany totaled -6.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+23.4% per year) and Austria (-9.5% per year).

Export Prices by Country

The average natural stone sett export price stood at $X per ton in 2022, waning by -36% against the previous year. Over the period under review, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 an increase of 50%. Over the period under review, the average export prices reached the maximum at $X per ton in 2021, and then shrank significantly in the following year.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Germany ($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 Germany (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.

Natural Stone Sett Imports

Imports into the Czech Republic

In 2022, supplies from abroad of natural stone setts, kerbstones and flagstones increased by 101% to X tons, rising for the second consecutive year after two years of decline. Overall, imports recorded a remarkable increase. The growth pace was the most rapid in 2013 when imports increased by 182% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, natural stone sett imports surged to $X in 2022. In general, imports, however, recorded a sharp reduction. The pace of growth appeared the most rapid in 2018 when imports increased by 110%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Poland (X tons) was the main natural stone sett supplier to the Czech Republic, with a 99% share of total imports. It was followed by China (X tons), with a 0.3% share of total imports. The third position in this ranking was held by Germany (X tons), with a 0.2% share.

From 2012 to 2022, the average annual growth rate of volume from Poland totaled +51.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-3.5% per year) and Germany (-23.2% per year).

In value terms, Poland ($X) constituted the largest supplier of natural stone setts, kerbstones and flagstones to the Czech Republic, comprising 97% of total imports. The second position in the ranking was held by China ($X), with a 0.9% share of total imports. It was followed by Slovakia, with a 0.4% share.

From 2012 to 2022, the average annual growth rate of value from Poland totaled +53.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-19.2% per year) and Slovakia (-56.1% per year).

Import Prices by Country

The average natural stone sett import price stood at $X per ton in 2022, dropping by -42.3% against the previous year. Overall, the import price continues to indicate a sharp shrinkage. The growth pace was the most rapid in 2020 an increase of 70%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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