Estonia: Natural Stone Sett Market 2025

Natural Stone Sett Market Size in Estonia

The Estonian natural stone sett market shrank sharply to $X in 2022, declining by -19.4% against the previous year. Overall, consumption, however, showed resilient growth. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Natural Stone Sett Production in Estonia

In value terms, natural stone sett production fell to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 11%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Natural Stone Sett Exports

Exports from Estonia

In 2022, shipments abroad of natural stone setts, kerbstones and flagstones increased by 70% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2018 with an increase of 4,417% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, natural stone sett exports surged to $X in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 5,780% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Russia (X tons) was the main destination for natural stone sett exports from Estonia, with a 98% share of total exports. It was followed by Finland (X tons), with a 1.8% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia stood at +20.1%.

In value terms, Russia ($X) emerged as the key foreign market for natural stone setts, kerbstones and flagstones exports from Estonia, comprising 98% of total exports. The second position in the ranking was held by Finland ($X), with a 1.9% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia stood at +24.5%.

Export Prices by Country

The average natural stone sett export price stood at $X per ton in 2022, jumping by 68% against the previous year. In general, the export price saw a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per ton), while the average price for exports to Russia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+3.7%), while the prices for the other major destinations experienced a decline.

Natural Stone Sett Imports

Imports into Estonia

In 2022, purchases abroad of natural stone setts, kerbstones and flagstones decreased by -16.7% to X tons, falling for the fourth consecutive year after three years of growth. Overall, imports, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2016 when imports increased by 96%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, natural stone sett imports fell markedly to $X in 2022. Over the period under review, imports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of 92% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Ukraine (X tons), Latvia (X tons) and Poland (X tons) were the main suppliers of natural stone sett imports to Estonia, together accounting for 87% of total imports.

From 2012 to 2022, the biggest increases were recorded for Latvia (with a CAGR of +85.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Ukraine ($X), China ($X) and Poland ($X) constituted the largest natural stone sett suppliers to Estonia, together comprising 82% of total imports.

Among the main suppliers, Poland, with a CAGR of +94.9%, 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

In 2022, the average natural stone sett import price amounted to $X per ton, which is down by -3.9% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 32% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 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 China ($X per ton), while the price for Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+16.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform