Czech Republic: Sandstone Market 2024

Sandstone Market Size in the Czech Republic

The Czech sandstone market declined to $X in 2022, with a decrease of -2.5% against the previous year. In general, consumption recorded a abrupt descent. The pace of growth was the most pronounced in 2021 when the market value increased by 5%. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Sandstone Production in the Czech Republic

In value terms, sandstone production reduced to $X in 2022 estimated in export price. Over the period under review, production saw a deep slump. The pace of growth appeared the most rapid in 2021 when the production volume increased by 5.1% against the previous year. Sandstone production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Sandstone Exports

Exports from the Czech Republic

In 2022, overseas shipments of sandstone decreased by -62.1% to X tons, falling for the sixth consecutive year after two years of growth. Overall, exports recorded a significant decrease. The most prominent rate of growth was recorded in 2016 when exports increased by 139%. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, sandstone exports dropped markedly to $X in 2022. In general, exports recorded a dramatic slump. The pace of growth was the most pronounced in 2016 with an increase of 64% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Slovakia (X tons) was the main destination for sandstone exports from the Czech Republic, accounting for a 88% share of total exports. Moreover, sandstone exports to Slovakia exceeded the volume sent to the second major destination, Slovenia (X tons), more than tenfold. Hungary (X tons) ranked third in terms of total exports with a 3% share.

From 2012 to 2022, the average annual growth rate of volume to Slovakia stood at -8.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (+339.7% per year) and Hungary (-16.1% per year).

In value terms, Slovakia ($X) remains the key foreign market for sandstone exports from the Czech Republic, comprising 94% of total exports. The second position in the ranking was taken by Georgia ($X), with a 3.3% share of total exports. It was followed by Slovenia, with a 1.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Slovakia stood at -4.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (0.0% per year) and Slovenia (+102.1% per year).

Export Prices by Country

The average sandstone export price stood at $X per ton in 2022, dropping by -56.3% against the previous year. Over the period under review, the export price saw a pronounced downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by 62%. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Georgia ($X per ton), while the average price for exports to Slovenia ($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 (+24.2%), while the prices for the other major destinations experienced more modest paces of growth.

Sandstone Imports

Imports into the Czech Republic

In 2022, overseas purchases of sandstone decreased by -36.6% to X tons, falling for the third consecutive year after two years of growth. In general, imports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2019 with an increase of 381%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, sandstone imports shrank dramatically to $X in 2022. Over the period under review, imports showed a deep setback. The pace of growth was the most pronounced in 2019 when imports increased by 656%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

India (X tons), Albania (X tons) and China (X kg) were the main suppliers of sandstone imports to the Czech Republic, together comprising 100% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Albania (with a CAGR of +4.0%), while imports for the other leaders experienced a decline.

In value terms, India ($X) constituted the largest supplier of sandstone to the Czech Republic, comprising 84% of total imports. The second position in the ranking was taken by Albania ($X), with a 15% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from India amounted to -4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Albania (+12.9% per year) and China (-57.7% per year).

Import Prices by Country

The average sandstone import price stood at $X per ton in 2022, declining by -24.3% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 57% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+28.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :