Germany: Natural Stone Sett Market 2024

Natural Stone Sett Market Size in Germany

In 2022, the German natural stone sett market decreased by -7.9% to $X, falling for the fourth consecutive year after two years of growth. Over the period under review, consumption saw a perceptible decline. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Natural Stone Sett Production in Germany

In value terms, natural stone sett production rose rapidly to $X in 2022 estimated in export price. In general, production continues to indicate a noticeable descent. The growth pace was the most rapid in 2020 when the production volume increased by 165% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Natural Stone Sett Exports

Exports from Germany

In 2022, after two years of growth, there was decline in shipments abroad of natural stone setts, kerbstones and flagstones, when their volume decreased by -0.3% to X tons. Overall, total exports indicated tangible growth from 2012 to 2022: its volume increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.2% against 2017 indices. The growth pace was the most rapid in 2018 when exports increased by 29% against the previous year. The exports peaked at X tons in 2021, and then dropped modestly in the following year.

In value terms, natural stone sett exports contracted modestly to $X in 2022. Over the period under review, total exports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.8% against 2017 indices. The most prominent rate of growth was recorded in 2018 when exports increased by 28% against the previous year. The exports peaked at $X in 2021, and then reduced in the following year.

Exports by Country

Austria (X tons) was the main destination for natural stone sett exports from Germany, with a 43% share of total exports. Moreover, natural stone sett exports to Austria exceeded the volume sent to the second major destination, Switzerland (X tons), twofold. The third position in this ranking was held by Hungary (X tons), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume to Austria amounted to +5.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (-5.1% per year) and Hungary (+52.5% per year).

In value terms, the largest markets for natural stone sett exported from Germany were Austria ($X), Switzerland ($X) and Hungary ($X), with a combined 76% share of total exports.

Among the main countries of destination, Hungary, with a CAGR of +52.4%, 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, which is down by -2.2% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 18%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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 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 the Netherlands (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.

Natural Stone Sett Imports

Imports into Germany

In 2022, overseas purchases of natural stone setts, kerbstones and flagstones decreased by -9.5% to X tons, falling for the fourth consecutive year after two years of growth. Overall, imports saw a noticeable descent. The most prominent rate of growth was recorded in 2018 when imports increased by 9.3% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, natural stone sett imports shrank to $X in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 21% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Portugal (X tons), Turkey (X tons) and China (X tons) were the main suppliers of natural stone sett imports to Germany, together comprising 63% of total imports. Poland, Spain, the Czech Republic, India, the Netherlands, Austria, Italy and Vietnam lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of +28.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest natural stone sett suppliers to Germany were China ($X), Turkey ($X) and Portugal ($X), with a combined 64% share of total imports. Poland, India, Spain, Vietnam, the Czech Republic, the Netherlands, Italy and Austria lagged somewhat behind, together comprising a further 31%.

Austria, with a CAGR of +27.7%, 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, growing by 5.7% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, natural stone sett import price increased by +64.9% against 2016 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 26% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

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 India ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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