Report Update Nov 1, 2024

Greece - Natural Stone Setts, Kerbstones and Flagstones - Market Analysis, Forecast, Size, Trends and Insights

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Greece: Natural Stone Sett Market 2024

Natural Stone Sett Market Size in Greece

The Greek natural stone sett market surged to $X in 2022, rising by 58% against the previous year. Overall, consumption recorded a buoyant increase. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the immediate term.

Natural Stone Sett Production in Greece

In value terms, natural stone sett production surged to $X in 2022 estimated in export price. Overall, production posted a remarkable increase. The growth pace was the most rapid in 2013 when the production volume increased by 131%. Natural stone sett production peaked in 2022 and is likely to see gradual growth in the near future.

Natural Stone Sett Exports

Exports from Greece

In 2022, the amount of natural stone setts, kerbstones and flagstones exported from Greece surged to X tons, rising by 44% compared with 2021. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 172%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, natural stone sett exports skyrocketed to $X in 2022. Overall, exports recorded noticeable growth. The most prominent rate of growth was recorded in 2014 when exports increased by 89%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Bulgaria (X tons) was the main destination for natural stone sett exports from Greece, accounting for a 92% share of total exports. Moreover, natural stone sett exports to Bulgaria exceeded the volume sent to the second major destination, Cyprus (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Bulgaria totaled +34.0%.

In value terms, Bulgaria ($X) remains the key foreign market for natural stone setts, kerbstones and flagstones exports from Greece, comprising 63% of total exports. The second position in the ranking was held by Cyprus ($X), with a 29% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Bulgaria stood at +19.9%.

Export Prices by Country

The average natural stone sett export price stood at $X per ton in 2022, surging by 10% against the previous year. Overall, the export price, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2016 when the average export price increased by 55%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat 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 Cyprus ($X per ton), while the average price for exports to Bulgaria totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (-10.5%).

Natural Stone Sett Imports

Imports into Greece

In 2022, the amount of natural stone setts, kerbstones and flagstones imported into Greece skyrocketed to X tons, jumping by 96% against the previous year's figure. Overall, imports saw a buoyant increase. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, natural stone sett imports surged to $X in 2022. In general, imports posted a temperate increase. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of natural stone sett to Greece, accounting for a 66% share of total imports. Moreover, natural stone sett imports from Turkey exceeded the figures recorded by the second-largest supplier, Albania (X tons), fourfold. The third position in this ranking was taken by North Macedonia (X tons), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey amounted to +36.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Albania (+6.6% per year) and North Macedonia (+20.1% per year).

In value terms, Turkey ($X) constituted the largest supplier of natural stone setts, kerbstones and flagstones to Greece, comprising 46% of total imports. The second position in the ranking was held by Albania ($X), with an 8.3% share of total imports. It was followed by North Macedonia, with a 7.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey stood at +30.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Albania (-0.5% per year) and North Macedonia (+22.8% per year).

Import Prices by Country

In 2022, the average natural stone sett import price amounted to $X per ton, standing approx. at the previous year. Over the period under review, the import price, however, continues to indicate a noticeable decline. The growth pace was the most rapid in 2017 an increase of 111%. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+10.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for natural stone setts, kerbstones and flagstones in the world?

The countries with the highest volumes of in 2021 were China, Afghanistan and the United States, with a combined 33% share of global consumption. India, Indonesia, Brazil, Vietnam, Mexico, Turkey, the Philippines, South Korea, Pakistan and Qatar lagged somewhat behind, together comprising a further 28%.

What are the largest producers of natural stone setts, kerbstones and flagstones in the world?

China constituted the country with the largest volume of natural stone sett production, accounting for 20% of total volume. Moreover, natural stone sett production in China exceeded the figures recorded by the second-largest producer, Pakistan, twofold. The United States ranked third in terms of total production with a 9.1% share.

What are the leading suppliers of natural stone setts, kerbstones and flagstones to Greece?

In value terms, the largest natural stone sett suppliers to Greece were Turkey, North Macedonia and Albania, together comprising 78% of total imports.

What are the leading importers of natural stone setts, kerbstones and flagstones from Greece?

In value terms, Bulgaria remains the key foreign market for natural stone sett exports from Greece, comprising 78% of total exports. The second position in the ranking was occupied by Cyprus, with a 9.4% share of total exports.

What is the average export price for natural stone setts, kerbstones and flagstones in Greece?

The average natural stone sett export price stood at $58 per ton in 2021, surging by 14% against the previous year.

What is the average import price for natural stone setts, kerbstones and flagstones in Greece?

The average natural stone sett import price stood at $152 per ton in 2021, reducing by -8.4% against the previous year.

This report provides an in-depth analysis of the natural stone sett market in Greece. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 23701210 - Natural stone setts, kerbstones and flagstones (excluding of slate)

Country coverage:

Greece

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Greece
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023