Eastern Europe: Market for Granules, Chippings And Powder Of Marble 2024

Market Size for Granules, Chippings And Powder Of Marble in Eastern Europe

The East European marble granules and powder market stood at $X in 2021, increasing by 14% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Production of Granules, Chippings And Powder Of Marble in Eastern Europe

In value terms, marble granules and powder production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by 30% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Exports of Granules, Chippings And Powder Of Marble

Exports in Eastern Europe

In 2021, approx. X tons of granules, chippings and powder of marble were exported in Eastern Europe; reducing by -2.7% on the previous year's figure. The total export volume increased at an average annual rate of +4.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of 21% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2020, and then fell slightly in the following year.

In value terms, marble granules and powder exports rose rapidly to $X in 2021. Total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +74.1% against 2015 indices. The growth pace was the most rapid in 2020 with an increase of 38% against the previous year. The level of export peaked in 2021 and is likely to see gradual growth in the immediate term.

Exports by Country

The Czech Republic (X tons) and Russia (X tons) prevails in exports structure, together comprising 94% of total exports. Romania (X tons) and Poland (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +16.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) remains the largest marble granules and powder supplier in Eastern Europe, comprising 64% of total exports. The second position in the ranking was taken by Russia ($X), with a 28% share of total exports. It was followed by Romania, with a 4.6% share.

From 2012 to 2021, the average annual growth rate of value in the Czech Republic stood at +4.6%. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (+8.4% per year) and Romania (+5.6% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2021, growing by 9.9% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.0%. The pace of growth was the most pronounced in 2020 when the export price increased by 23% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Poland ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+4.5%), while the other leaders experienced mixed trends in the export price figures.

Imports of Granules, Chippings And Powder Of Marble

Imports in Eastern Europe

In 2021, marble granules and powder imports in Eastern Europe was estimated at X tons, surging by 4% on the year before. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by 15% against the previous year. The volume of import peaked in 2021 and is likely to see steady growth in years to come.

In value terms, marble granules and powder imports expanded notably to $X in 2021. Overall, imports, however, continue to indicate a mild setback. The most prominent rate of growth was recorded in 2014 when imports increased by 19%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Poland (X tons) was the main importer of granules, chippings and powder of marble, achieving 38% of total imports. It was distantly followed by Ukraine (X tons), Hungary (X tons), Russia (X tons), Belarus (X tons) and Romania (X tons), together making up a 51% share of total imports. The Czech Republic (X tons) and Bulgaria (X tons) followed a long way behind the leaders.

Imports into Poland increased at an average annual rate of +2.1% from 2012 to 2021. At the same time, Bulgaria (+10.1%), Hungary (+7.9%), Romania (+5.4%) and Belarus (+3.4%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +10.1% from 2012-2021. By contrast, the Czech Republic (-1.7%), Ukraine (-2.3%) and Russia (-7.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Hungary, Poland, Belarus and Romania increased by +5.7, +4.5, +2 and +1.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) constitutes the largest market for imported granules, chippings and powder of marble in Eastern Europe, comprising 41% of total imports. The second position in the ranking was taken by Ukraine ($X), with a 12% share of total imports. It was followed by Hungary, with a 12% share.

In Poland, marble granules and powder imports increased at an average annual rate of +1.0% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Ukraine (-4.8% per year) and Hungary (+7.6% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2021, increasing by 5.9% against the previous year. In general, the import price, however, showed a mild contraction. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Romania ($X per ton) and the Czech Republic ($X per ton), while Belarus ($X per ton) and Russia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (-0.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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