Eastern Europe: Calcareous Building Stone Market 2024

Calcareous Building Stone Market Size in Eastern Europe

In 2021, the East European calcareous building stone market was finally on the rise to reach $X after four years of decline. Overall, consumption, however, showed a pronounced contraction. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Calcareous Building Stone Production in Eastern Europe

In value terms, calcareous building stone production rose rapidly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a slight decrease. The pace of growth was the most pronounced in 2013 with an increase of 12% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Calcareous Building Stone Exports

Exports in Eastern Europe

In 2021, overseas shipments of calcareous building stone were finally on the rise to reach X tons after two years of decline. Overall, exports, however, continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2013 with an increase of 51%. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, calcareous building stone exports skyrocketed to $X in 2021. Over the period under review, exports showed a notable increase. The growth pace was the most rapid in 2013 with an increase of 88% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Bulgaria prevails in exports structure, resulting at X tons, which was approx. 97% of total exports in 2021. Romania (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to calcareous building stone exports from Bulgaria stood at -4.0%. Romania experienced a relatively flat trend pattern. While the share of Bulgaria (+2.7 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Bulgaria ($X) remains the largest calcareous building stone supplier in Eastern Europe, comprising 85% of total exports. The second position in the ranking was held by Romania ($X), with a 12% share of total exports.

In Bulgaria, calcareous building stone exports increased at an average annual rate of +3.8% over the period from 2012-2021.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2021, picking up by 42% against the previous year. Overall, the export price posted a buoyant increase. The pace of growth was the most pronounced in 2020 when the export price increased by 92%. The level of export peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Romania ($X per ton), while Bulgaria totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+23.2%).

Calcareous Building Stone Imports

Imports in Eastern Europe

In 2021, supplies from abroad of calcareous building stone increased by 57% to X tons, rising for the fourth consecutive year after four years of decline. Over the period under review, imports recorded a temperate expansion. The pace of growth appeared the most rapid in 2013 with an increase of 95%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, calcareous building stone imports rose sharply to $X in 2021. Overall, imports continue to indicate a tangible increase. The most prominent rate of growth was recorded in 2013 when imports increased by 122%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Romania (X tons) and Russia (X tons) prevails in imports structure, together creating 84% of total imports. It was distantly followed by Ukraine (X tons) and Hungary (X tons), together comprising a 9.7% share of total imports. Belarus (X tons) and Poland (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Belarus (with a CAGR of +56.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constitutes the largest market for imported calcareous building stone in Eastern Europe, comprising 48% of total imports. The second position in the ranking was held by Romania ($X), with a 20% share of total imports. It was followed by Hungary, with an 18% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia stood at +9.6%. The remaining importing countries recorded the following average annual rates of imports growth: Romania (+1.0% per year) and Hungary (+1.6% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2021, shrinking by -30.4% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 93%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the import prices failed to regain momentum.

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 Hungary ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+22.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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