Poland: Granite Building Stone Market 2024

Granite Building Stone Market Size in Poland

The Polish granite building stone market surged to $X in 2021, growing by 16% against the previous year. The market value increased at an average annual rate of +1.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Granite Building Stone Production in Poland

In value terms, granite building stone production totaled $X in 2021 estimated in export price. Overall, production, however, saw a mild increase. The most prominent rate of growth was recorded in 2014 with an increase of 15%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Granite Building Stone Exports

Exports from Poland

In 2021, granite building stone exports from Poland expanded modestly to X tons, surging by 3.6% against the previous year's figure. Over the period under review, exports recorded a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by 76% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, granite building stone exports skyrocketed to $X in 2021. Overall, total exports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +7.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +9.5% against 2018 indices. The pace of growth appeared the most rapid in 2013 with an increase of 42%. The exports peaked in 2021 and are likely to see steady growth in the near future.

Exports by Country

Germany (X tons) was the main destination for granite building stone exports from Poland, with a 82% share of total exports. Moreover, granite building stone exports to Germany exceeded the volume sent to the second major destination, the Czech Republic (X tons), more than tenfold. The third position in this ranking was held by Switzerland (X tons), with a 4.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled +14.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+4.7% per year) and Switzerland (-0.0% per year).

In value terms, Germany ($X), Switzerland ($X) and the Czech Republic ($X) appeared to be the largest markets for granite building stone exported from Poland worldwide, with a combined 83% share of total exports.

Germany, with a CAGR of +20.5%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average granite building stone export price stood at $X per ton in 2021, with an increase of 27% against the previous year. In general, the export price, however, continues to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2018 an increase of 31% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.9%), while the prices for the other major destinations experienced mixed trend patterns.

Granite Building Stone Imports

Imports into Poland

In 2021, supplies from abroad of granite building stone decreased by -8.7% to X tons, falling for the second consecutive year after four years of growth. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by 33%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, granite building stone imports soared to $X in 2021. The total import value increased at an average annual rate of +2.6% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 with an increase of 33%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

India (X tons), China (X tons) and Portugal (X tons) were the main suppliers of granite building stone imports to Poland, with a combined 82% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Portugal (with a CAGR of +18.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), China ($X) and Italy ($X) appeared to be the largest granite building stone suppliers to Poland, with a combined 84% share of total imports. These countries were followed by Germany, Portugal and South Africa, which together accounted for a further 10%.

In terms of the main suppliers, Portugal, with a CAGR of +22.7%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average granite building stone import price amounted to $X per ton, jumping by 33% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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