EU: Market for Granules, Chippings And Powder Of Monumental Stone 2024

Market Size for Granules, Chippings And Powder Of Monumental Stone in the EU

In 2021, after two years of decline, there was growth in the EU market for granules, chippings and powder of monumental stone, when its value increased by 4.7% to $X. Over the period under review, consumption, however, recorded a noticeable downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Granules, Chippings And Powder Of Monumental Stone in the EU

In value terms, monumental stone granules and powder production stood at $X in 2021 estimated in export price. Overall, production, however, continues to indicate a noticeable downturn. The growth pace was the most rapid in 2018 when the production volume increased by 17% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Granules, Chippings And Powder Of Monumental Stone

Exports in the EU

In 2021, overseas shipments of granules, chippings and powder of monumental stone increased by 6.4% to X tons for the first time since 2018, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +3.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 18%. The volume of export peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, monumental stone granules and powder exports surged to $X in 2021. The total export value increased at an average annual rate of +4.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 when exports increased by 16% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

Germany represented the main exporter of granules, chippings and powder of monumental stone in the European Union, with the volume of exports recording X tons, which was near 60% of total exports in 2021. It was distantly followed by Belgium (X tons) and Austria (X tons), together achieving a 31% share of total exports. The following exporters - France (X tons) and the Netherlands (X tons) - together made up 6.4% of total exports.

Germany experienced a relatively flat trend pattern with regard to volume of exports of granules, chippings and powder of monumental stone. At the same time, Belgium (+30.3%), Austria (+17.3%) and France (+7.2%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +30.3% from 2012-2021. The Netherlands experienced a relatively flat trend pattern. From 2012 to 2021, the share of Belgium and Austria increased by +19 and +6.2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest monumental stone granules and powder supplier in the European Union, comprising 57% of total exports. The second position in the ranking was taken by Belgium ($X), with a 15% share of total exports. It was followed by France, with a 7.9% share.

In Germany, monumental stone granules and powder exports increased at an average annual rate of +1.7% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Belgium (+14.5% per year) and France (+26.1% per year).

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per ton, increasing by 8.3% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 9.6% against the previous year. Over the period under review, the export prices attained the peak figure in 2021 and is expected to retain growth in years to come.

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 the Netherlands ($X per ton), while Austria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+17.2%), while the other leaders experienced more modest paces of growth.

Imports of Granules, Chippings And Powder Of Monumental Stone

Imports in the EU

Monumental stone granules and powder imports rose modestly to X tons in 2021, surging by 3.4% compared with 2020 figures. In general, imports, however, showed a pronounced descent. The most prominent rate of growth was recorded in 2016 with an increase of 15% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, monumental stone granules and powder imports rose sharply to $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 14% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in years to come.

Imports by Country

In 2021, Germany (X tons) was the key importer of granules, chippings and powder of monumental stone, generating 51% of total imports. The Netherlands (X tons) held an 11% share (based on physical terms) of total imports, which put it in second place, followed by France (7.2%), Austria (5%) and Sweden (4.8%). Latvia (X tons), Malta (X tons), Belgium (X tons), Slovenia (X tons), Luxembourg (X tons), the Czech Republic (X tons) and Poland (X tons) took a little share of total imports.

Imports into Germany decreased at an average annual rate of -5.3% from 2012 to 2021. At the same time, Malta (+139.2%), Sweden (+34.8%), Austria (+24.4%), Luxembourg (+11.7%), France (+8.9%), Slovenia (+5.4%) and the Netherlands (+4.0%) displayed positive paces of growth. Moreover, Malta emerged as the fastest-growing importer imported in the European Union, with a CAGR of +139.2% from 2012-2021. Latvia experienced a relatively flat trend pattern. By contrast, the Czech Republic (-4.8%), Belgium (-6.5%) and Poland (-21.2%) illustrated a downward trend over the same period. While the share of the Netherlands (+4.8 p.p.), Sweden (+4.6 p.p.), France (+4.6 p.p.), Austria (+4.5 p.p.) and Malta (+3.5 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Poland (-10.2 p.p.) and Germany (-14.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest monumental stone granules and powder importing markets in the European Union were Germany ($X), the Netherlands ($X) and France ($X), together comprising 60% of total imports. Sweden, Belgium, Austria, Poland, Latvia, the Czech Republic, Malta, Slovenia and Luxembourg lagged somewhat behind, together accounting for a further 29%.

Malta, with a CAGR of +77.0%, recorded the highest growth rate of the value of imports, among the main importing countries 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 the European Union stood at $X per ton in 2021, surging by 5.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.5%. The pace of growth appeared the most rapid in 2018 when the import price increased by 20%. The level of import peaked in 2021 and is expected to retain growth in the near future.

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 the Netherlands ($X per ton), while Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+11.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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