France: Sandstone Market 2024

Sandstone Market Size in France

After seven years of growth, the French sandstone market decreased by -3.3% to $X in 2022. Overall, the total consumption indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Sandstone consumption peaked at $X in 2021, and then declined slightly in the following year.

Sandstone Production in France

In value terms, sandstone production declined notably to $X in 2022 estimated in export price. Over the period under review, production, however, saw a mild decrease. The most prominent rate of growth was recorded in 2021 when the production volume increased by 51% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Sandstone Exports

Exports from France

In 2022, approx. X tons of sandstone were exported from France; growing by 1.7% against the previous year. Overall, exports, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2014 when exports increased by 64% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, sandstone exports declined to $X in 2022. Over the period under review, exports, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2013 with an increase of 29%. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for sandstone exports from France, accounting for a 89% share of total exports. Moreover, sandstone exports to Germany exceeded the volume sent to the second major destination, the UK (X tons), more than tenfold. The third position in this ranking was taken by Poland (X tons), with a 3.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at -2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+15.2% per year) and Poland (+14.4% per year).

In value terms, Germany ($X) remains the key foreign market for sandstone exports from France, comprising 81% of total exports. The second position in the ranking was held by the UK ($X), with an 8.7% share of total exports. It was followed by Switzerland, with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at -3.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+12.5% per year) and Switzerland (-2.8% per year).

Export Prices by Country

The average sandstone export price stood at $X per ton in 2022, dropping by -4.3% against the previous year. Over the period under review, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sandstone export price increased by +32.8% against 2018 indices. The pace of growth was the most pronounced in 2016 an increase of 60% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then declined modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Poland ($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 Belgium (+30.9%), while the prices for the other major destinations experienced more modest paces of growth.

Sandstone Imports

Imports into France

In 2022, after three years of growth, there was significant decline in overseas purchases of sandstone, when their volume decreased by -36.9% to X tons. In general, imports saw a abrupt slump. The pace of growth was the most pronounced in 2021 when imports increased by 45%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, sandstone imports contracted sharply to $X in 2022. Overall, imports, however, saw a notable increase. The most prominent rate of growth was recorded in 2021 with an increase of 120%. As a result, imports attained the peak of $X, and then reduced rapidly in the following year.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of sandstone to France, accounting for a 83% share of total imports. Moreover, sandstone imports from India exceeded the figures recorded by the second-largest supplier, Belgium (X tons), sixfold. The third position in this ranking was taken by Spain (X tons), with a 0.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from India totaled -1.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-16.2% per year) and Spain (-35.3% per year).

In value terms, India ($X) constituted the largest supplier of sandstone to France, comprising 89% of total imports. The second position in the ranking was taken by Belgium ($X), with a 7.5% share of total imports. It was followed by Italy, with a 1.2% share.

From 2012 to 2022, the average annual growth rate of value from India totaled +16.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-0.1% per year) and Italy (-19.4% per year).

Import Prices by Country

In 2022, the average sandstone import price amounted to $X per ton, growing by 34% against the previous year. Overall, the import price enjoyed buoyant growth. The pace of growth appeared the most rapid in 2013 when the average import price increased by 103% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

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 Italy ($X per ton), while the price for Belgium ($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 (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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