France: Granite Block Market 2024

Granite Block Market Size in France

The French granite block market fell to $X in 2022, with a decrease of -8.6% against the previous year. The market value increased at an average annual rate of +2.0% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. Over the period under review, the market reached the peak level at $X in 2021, and then fell in the following year.

Granite Block Production in France

In value terms, granite block production contracted to $X in 2022 estimated in export price. Overall, the total production indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +11.7% against 2020 indices. The growth pace was the most rapid in 2018 when the production volume increased by 40% against the previous year. Granite block production peaked at $X in 2021, and then reduced in the following year.

Granite Block Exports

Exports from France

In 2022, approx. X tons of granite blocks and slabs were exported from France; jumping by 30% on the previous year. Over the period under review, exports posted a resilient increase. The most prominent rate of growth was recorded in 2019 with an increase of 980% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, granite block exports totaled $X in 2022. Overall, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 1,598% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The Czech Republic (X tons), Slovakia (X tons) and Belgium (X tons) were the main destinations of granite block exports from France, with a combined 59% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of +201.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for granite block exported from France were Slovakia ($X), the Czech Republic ($X) and Belgium ($X), together comprising 71% of total exports.

Slovakia, with a CAGR of +172.4%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average granite block export price amounted to $X per ton, reducing by -13.5% against the previous year. Over the period under review, the export price, however, saw a mild increase. The pace of growth appeared the most rapid in 2021 when the average export price increased by 438%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+16.6%), while the prices for the other major destinations experienced more modest paces of growth.

Granite Block Imports

Imports into France

Granite block imports into France reduced to X tons in 2022, with a decrease of -1.8% against the previous year's figure. Over the period under review, imports recorded a drastic downturn. The pace of growth was the most pronounced in 2013 with an increase of 27%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, granite block imports declined slightly to $X in 2022. Overall, imports saw a deep downturn. The growth pace was the most rapid in 2021 with an increase of 42% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Portugal (X tons) constituted the largest granite block supplier to France, accounting for a 64% share of total imports. Moreover, granite block imports from Portugal exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. Brazil (X tons) ranked third in terms of total imports with a 4.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Portugal stood at -4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+9.0% per year) and Brazil (-20.0% per year).

In value terms, Spain ($X), Portugal ($X) and Brazil ($X) constituted the largest granite block suppliers to France, with a combined 90% share of total imports.

Among the main suppliers, Spain, with a CAGR of +18.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average granite block import price stood at $X per ton in 2022, remaining constant against the previous year. Over the period under review, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, granite block import price increased by +55.8% against 2018 indices. The growth pace was the most rapid in 2021 an increase of 36%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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