Germany: Crude Granite Market 2024

Crude Granite Market Size in Germany

The German crude granite market declined markedly to $X in 2022, dropping by -44.4% against the previous year. Over the period under review, consumption saw a sharp descent. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Crude Granite Production in Germany

In value terms, crude granite production declined modestly to $X in 2022 estimated in export price. Over the period under review, production faced a deep setback. The pace of growth appeared the most rapid in 2017 when the production volume increased by 61% against the previous year. Crude granite production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Crude Granite Exports

Exports from Germany

In 2022, after two years of growth, there was significant decline in shipments abroad of granite (crude), when their volume decreased by -28.3% to X tons. Over the period under review, exports recorded a noticeable downturn. The most prominent rate of growth was recorded in 2014 with an increase of 34% 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 lower figure.

In value terms, crude granite exports contracted significantly to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 34% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then fell dramatically in the following year.

Exports by Country

Switzerland (X tons) was the main destination for crude granite exports from Germany, with a 82% share of total exports. Moreover, crude granite exports to Switzerland exceeded the volume sent to the second major destination, Italy (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume to Switzerland amounted to -4.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+53.5% per year) and Austria (-33.1% per year).

In value terms, Switzerland ($X), Italy ($X) and Austria ($X) constituted the largest markets for crude granite exported from Germany worldwide, together accounting for 97% of total exports.

Among the main countries of destination, Italy, with a CAGR of +64.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average crude granite export price amounted to $X per ton, waning by -14.4% against the previous year. Over the period under review, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the average export price increased by 38% against the previous year. The export price peaked at $X per ton in 2021, and then shrank in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Switzerland ($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 (+7.2%), while the prices for the other major destinations experienced mixed trend patterns.

Crude Granite Imports

Imports into Germany

In 2022, imports of granite (crude) into Germany shrank markedly to X tons, with a decrease of -37% against 2021. In general, imports saw a abrupt descent. The growth pace was the most rapid in 2017 with an increase of 206%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, crude granite imports declined to $X in 2022. Overall, imports saw a pronounced curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 44% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Norway (X tons), South Africa (X tons) and Poland (X tons) were the main suppliers of crude granite imports to Germany, together accounting for 51% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Africa (with a CAGR of +16.6%), while imports for the other leaders experienced a decline.

In value terms, Norway ($X), South Africa ($X) and the Netherlands ($X) were the largest crude granite suppliers to Germany, with a combined 52% share of total imports.

Among the main suppliers, South Africa, with a CAGR of +18.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average crude granite import price amounted to $X per ton, surging by 36% against the previous year. In general, the import price recorded strong growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 113% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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