France: Natural Stone Sett Market 2024

Natural Stone Sett Market Size in France

The French natural stone sett market reached $X in 2022, with an increase of 11% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Natural Stone Sett Production in France

In value terms, natural stone sett production shrank slightly to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by 24% against the previous year. Natural stone sett production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Natural Stone Sett Exports

Exports from France

In 2022, the amount of natural stone setts, kerbstones and flagstones exported from France fell slightly to X tons, waning by -4.1% on the previous year. Over the period under review, exports showed a mild downturn. The pace of growth was the most pronounced in 2018 when exports increased by 57% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, natural stone sett exports rose notably to $X in 2022. Overall, exports continue to indicate a mild setback. The most prominent rate of growth was recorded in 2017 when exports increased by 14%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for natural stone sett exports from France, with a 39% share of total exports. Moreover, natural stone sett exports to Germany exceeded the volume sent to the second major destination, Switzerland (X tons), twofold. The United States (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at -1.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (-7.4% per year) and the United States (+6.2% per year).

In value terms, the largest markets for natural stone sett exported from France were the United States ($X), Germany ($X) and Switzerland ($X), together accounting for 74% of total exports. The UK, Belgium and Italy lagged somewhat behind, together accounting for a further 18%.

In terms of the main countries of destination, the UK, with a CAGR of +14.0%, saw the highest rates of growth with regard to 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 natural stone sett export price stood at $X per ton in 2022, picking up by 10% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 92% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Germany ($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 Italy (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Natural Stone Sett Imports

Imports into France

In 2022, the amount of natural stone setts, kerbstones and flagstones imported into France stood at X tons, picking up by 3% against 2021 figures. Over the period under review, imports, however, recorded a pronounced reduction. The pace of growth appeared the most rapid in 2019 with an increase of 15% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, natural stone sett imports rose markedly to $X in 2022. In general, imports, however, recorded a mild decline. The most prominent rate of growth was recorded in 2018 when imports increased by 21% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Portugal (X tons), India (X tons) and Spain (X tons) were the main suppliers of natural stone sett imports to France, with a combined 67% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +6.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Portugal ($X), India ($X) and Spain ($X) constituted the largest natural stone sett suppliers to France, with a combined 62% share of total imports.

India, with a CAGR of +9.2%, recorded the highest growth rate of 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 natural stone sett import price stood at $X per ton in 2022, increasing by 10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The pace of growth appeared the most rapid in 2021 an increase of 13% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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