France: Granite Building Stone Market 2024

Granite Building Stone Market Size in France

In 2021, after two years of decline, there was significant growth in the French granite building stone market, when its value increased by 19% to $X. In general, consumption, however, continues to indicate a mild descent. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Granite Building Stone Production in France

In value terms, granite building stone production skyrocketed to $X in 2021 estimated in export price. In general, production, however, recorded a mild reduction. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Granite Building Stone Exports

Exports from France

In 2021, overseas shipments of granite building stone increased by 22% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, total exports indicated a perceptible expansion from 2012 to 2021: its volume increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when exports increased by 29% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, granite building stone exports soared to $X in 2021. Over the period under review, exports, however, recorded a mild reduction. The most prominent rate of growth was recorded in 2017 when exports increased by 23%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons), Switzerland (X tons) and Austria (X tons) were the main destinations of granite building stone exports from France, together accounting for 67% of total exports. Belgium, Poland, the Czech Republic, the UK and Italy lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +52.4%), while the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X), Germany ($X) and Belgium ($X) were the largest markets for granite building stone exported from France worldwide, with a combined 73% share of total exports. These countries were followed by Austria, the UK, Poland, the Czech Republic and Italy, which together accounted for a further 20%.

In terms of the main countries of destination, Poland, with a CAGR of +42.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average granite building stone export price stood at $X per ton in 2021, dropping by -4.1% against the previous year. In general, the export price recorded a pronounced contraction. The pace of growth was the most pronounced in 2019 when the average export price increased by 15% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+2.1%), while the prices for the other major destinations experienced a decline.

Granite Building Stone Imports

Imports into France

Granite building stone imports into France surged to X tons in 2021, jumping by 16% on the year before. In general, imports, however, recorded a slight downturn. The most prominent rate of growth was recorded in 2018 when imports increased by 18%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, granite building stone imports surged to $X in 2021. The total import value increased at an average annual rate of +1.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

India (X tons), China (X tons) and Belgium (X tons) were the main suppliers of granite building stone imports to France, with a combined 60% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +16.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), China ($X) and Belgium ($X) were the largest granite building stone suppliers to France, together accounting for 71% of total imports.

Belgium, with a CAGR of +14.0%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average granite building stone import price stood at $X per ton in 2021, with an increase of 15% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.7%. The pace of growth was the most pronounced in 2013 an increase of 21% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, 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 2021, the most notable rate of growth in terms of prices was attained by China (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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