Estonia: Market for Granite, Sandstone And Other Building Stone 2019

Market Size for Granite, Sandstone And Other Building Stone in Estonia

The revenue of the market for granite, sandstone and other building stone in Estonia amounted to $X in 2018, lowering by -X% against the previous year. In general, consumption of granite, sandstone and other building stone continues to indicate a temperate shrinkage. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. Over the period under review, the market for granite, sandstone and other building stone attained its peak figure level at $X in 2009; however, from 2010 to 2018, consumption failed to regain its momentum.

Production of Granite, Sandstone And Other Building Stone in Estonia

In value terms, production of granite, sandstone and other building stone amounted to $X in 2018 estimated in export prices. Over the period under review, production of granite, sandstone and other building stone, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2016 when production volume increased by X% y-o-y. In that year, production of granite, sandstone and other building stone attained its peak level of $X. From 2017 to 2018, production of granite, sandstone and other building stone growth remained at a lower figure.

Exports of Granite, Sandstone And Other Building Stone

Exports from Estonia

Exports of granite, sandstone and other building stone from Estonia totaled X tons in 2018, falling by -X% against the previous year. In general, exports of granite, sandstone and other building stone continue to indicate a drastic decrease. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Estonia exports peaked at X tons in 2016; however, from 2017 to 2018, exports remained at a lower figure.

In value terms, exports of granite, sandstone and other building stone totaled $X in 2018. Overall, exports of granite, sandstone and other building stone continue to indicate a strong expansion. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Over the period under review, exports of granite, sandstone and other building stone attained their maximum at $X in 2017, and then declined slightly in the following year.

Exports by Country

India was the main exporting country with an export of around X tons, which recorded X% of total exports. It was distantly followed by Indonesia (X tons), Norway (X tons), Brazil (X tons) and China (X tons), together creating a X% share of total exports. The following exporters - Sweden (X tons), South Africa (X tons), Portugal (X tons) and Spain (X tons) - together made up X% of total exports.

Exports from India increased at an average annual rate of +X% from 2007 to 2018. At the same time, Sweden (+X%) and South Africa (+X%) displayed positive paces of growth. Moreover, Sweden emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, Brazil (-X%), Spain (-X%), China (-X%), Norway (-X%), Indonesia (-X%) and Portugal (-X%) illustrated a downward trend over the same period. While the share of India (+X p.p.) and Sweden (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of Portugal (-X p.p.), China (-X p.p.), Norway (-X p.p.) and Indonesia (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest granite, sandstone and other building stone supplier from Estonia, comprising X% of global exports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global exports. It was followed by Norway, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in India stood at +X%. In the other countries, the average annual rates were as follows: Brazil (-X% per year) and Norway (-X% per year).

Export Prices by Country

The export price for granite, sandstone and other building stone in Estonia stood at $X per ton in 2018, going up by X% against the previous year. In general, the export price for granite, sandstone and other building stone continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. Estonia export price peaked in 2018 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Brazil ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Norway, while the other leaders experienced more modest paces of growth.

Imports of Granite, Sandstone And Other Building Stone

Imports into Estonia

In 2018, approx. X tons of granite, sandstone and other building stone were imported into Estonia; lowering by -X% against the previous year. Overall, imports of granite, sandstone and other building stone continue to indicate a drastic reduction. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. Over the period under review, imports of granite, sandstone and other building stone reached their maximum at X tons in 2009; however, from 2010 to 2018, imports stood at a somewhat lower figure.

In value terms, imports of granite, sandstone and other building stone stood at $X in 2018. Overall, imports of granite, sandstone and other building stone continue to indicate a deep descent. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Over the period under review, imports of granite, sandstone and other building stone reached their peak figure at $X in 2012; however, from 2013 to 2018, imports stood at a somewhat lower figure.

Imports by Country

China prevails in imports of granite, sandstone and other building stone structure, amounting to X tons, which was approx. X% of total imports in 2018. It was distantly followed by the UK (X tons), committing a X% share of total imports. The following importers - Taiwan, Chinese (X tons), Spain (X tons), Germany (X tons), Bangladesh (X tons), Italy (X tons), France (X tons), the U.S. (X tons), Belgium (X tons), Switzerland (X tons) and Poland (X tons) - together made up X% of total imports.

From 2007 to 2018, average annual rates of growth with regard to granite, sandstone and other building stone imports into China stood at +X%. At the same time, Bangladesh (+X%), the UK (+X%) and Switzerland (+X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. By contrast, France (-X%), Poland (-X%), the U.S. (-X%), Belgium (-X%), Germany (-X%), Spain (-X%), Taiwan, Chinese (-X%) and Italy (-X%) illustrated a downward trend over the same period. China (+X p.p.), Bangladesh (+X p.p.) and the UK (+X p.p.) significantly strengthened its position in terms of the global imports, while Italy and Taiwan, Chinese saw its share reduced by -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported granite, sandstone and other building stone into Estonia, comprising X% of global imports. The second position in the ranking was occupied by the UK ($X), with a X% share of global imports. It was followed by Spain, with a X% share.

In China, imports of granite, sandstone and other building stone expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: the UK (+X% per year) and Spain (-X% per year).

Import Prices by Country

The import price for granite, sandstone and other building stone in Estonia stood at $X per ton in 2018, shrinking by -X% against the previous year. Over the period under review, the import price for granite, sandstone and other building stone continues to indicate a temperate shrinkage. The growth pace was the most rapid in 2010 an increase of X% year-to-year. Estonia import price peaked at $X per ton in 2013; however, from 2014 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the UK ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Switzerland, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform