Eastern Europe: Market for Marble And Travertine Blocks And Slabs 2024

Market Size for Marble And Travertine Blocks And Slabs in Eastern Europe

The East European marble and travertine blocks market fell slightly to $X in 2022, shrinking by -3% against the previous year. Over the period under review, consumption saw a drastic downturn. The most prominent rate of growth was recorded in 2016 with an increase of 1.9%. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Marble And Travertine Blocks And Slabs in Eastern Europe

In value terms, marble and travertine blocks production shrank to $X in 2022 estimated in export price. Overall, production saw a abrupt slump. The pace of growth appeared the most rapid in 2016 when the production volume increased by 6.8%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Marble And Travertine Blocks And Slabs

Exports in Eastern Europe

In 2022, exports of marble and travertine blocks and slabs in Eastern Europe shrank sharply to X tons, falling by -28.7% against 2021. In general, exports, however, enjoyed noticeable growth. The growth pace was the most rapid in 2017 when exports increased by 76%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, marble and travertine blocks exports contracted remarkably to $X in 2022. Over the period under review, exports, however, continue to indicate a notable expansion. The pace of growth appeared the most rapid in 2016 when exports increased by 46% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then contracted markedly in the following year.

Exports by Country

Russia (X tons) and Bulgaria (X tons) represented the main exporters of marble and travertine blocks and slabs in 2022, recording near 35% and 35% of total exports, respectively. It was distantly followed by Poland (X tons) and Romania (X tons), together achieving a 25% share of total exports. Estonia (X tons) held a minor share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Bulgaria (with a CAGR of +13.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest marble and travertine blocks supplying countries in Eastern Europe were Poland ($X), Estonia ($X) and Bulgaria ($X), together accounting for 68% of total exports.

Bulgaria, with a CAGR of +13.3%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, with a decrease of -24.5% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the export price increased by 25% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2021, and then contracted dramatically in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Estonia ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+9.0%), while the other leaders experienced mixed trends in the export price figures.

Imports of Marble And Travertine Blocks And Slabs

Imports in Eastern Europe

In 2022, marble and travertine blocks imports in Eastern Europe dropped to X tons, which is down by -5.1% compared with the year before. Overall, imports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of 46% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, marble and travertine blocks imports contracted rapidly to $X in 2022. Total imports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of 32% against the previous year. The level of import peaked at $X in 2021, and then fell markedly in the following year.

Imports by Country

The countries with the highest levels of marble and travertine blocks imports in 2022 were Romania (X tons), Slovakia (X tons), the Czech Republic (X tons), Belarus (X tons), Russia (X tons) and Bulgaria (X tons), together recording 94% of total import. Hungary (X tons) held a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of +37.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), the Czech Republic ($X) and Slovakia ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 59% share of total imports. Romania, Belarus, Bulgaria and Hungary lagged somewhat behind, together comprising a further 37%.

Among the main importing countries, Belarus, with a CAGR of +24.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, which is down by -12.5% against the previous year. In general, the import price recorded a noticeable contraction. The pace of growth appeared the most rapid in 2018 an increase of 37% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+2.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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