Portugal: Market for Granite, Sandstone And Other Building Stone 2022

Market Size for Granite, Sandstone And Other Building Stone in Portugal

The Portuguese market for granite, sandstone and other building stone stood at less than $X in 2021, remaining relatively unchanged against the previous year. Over the period under review, consumption saw a relatively flat trend pattern.

Production of Granite, Sandstone And Other Building Stone in Portugal

In value terms, production of granite, sandstone and other building stone skyrocketed to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a pronounced shrinkage. Production of peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Granite, Sandstone And Other Building Stone

Exports from Portugal

In 2021, exports of granite, sandstone and other building stone from Portugal skyrocketed to X tons, growing by 120% against the previous year's figure. In general, exports recorded a relatively flat trend pattern. Over the period under review, the exports of reached the maximum at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, exports of granite, sandstone and other building stone skyrocketed to $X in 2021. Overall, exports, however, showed a perceptible decline. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

China (X tons), France (X tons) and Sweden (X tons) were the main destinations of exports of granite, sandstone and other building stone from Portugal.

From 2012 to 2021, the biggest increases were in Tunisia (with a CAGR of +202.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for granite, sandstone and other building stone exported from Portugal were France ($X), China ($X) and Sweden ($X).

Among the main countries of destination, Tunisia, with a CAGR of +156.4%, recorded the highest growth rate of 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

In 2021, the average export price for granite, sandstone and other building stone amounted to $X per ton, falling by -15.6% against the previous year. Overall, the export price continues to indicate a pronounced decline. The growth pace was the most rapid in 2017 an increase of 4.7% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per ton), while the average price for exports to Switzerland ($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 (+4.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Granite, Sandstone And Other Building Stone

Imports into Portugal

In 2021, imports of granite, sandstone and other building stone into Portugal rose remarkably to X tons, picking up by 14% against 2020. Over the period under review, total imports indicated a temperate expansion from 2012 to 2021: its volume increased at an average annual rate of +4.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +83.7% against 2014 indices. The most prominent rate of growth was recorded in 2020 with an increase of 32% against the previous year. Over the period under review, imports of hit record highs in 2021 and are likely to see gradual growth in years to come.

In value terms, imports of granite, sandstone and other building stone expanded remarkably to $X in 2021. Overall, total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +8.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +57.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 46% against the previous year. Over the period under review, imports of attained the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Spain (X tons) constituted the largest granite, sandstone and other building stone supplier to Portugal, with a 83% share of total imports. Moreover, imports of granite, sandstone and other building stone from Spain exceeded the figures recorded by the second-largest supplier, Angola (X tons), sevenfold. Norway (X tons) ranked third in terms of total imports with a 2.8% share.

From 2012 to 2021, the average annual growth rate of volume from Spain totaled +6.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Angola (+59.0% per year) and Norway (+39.3% per year).

In value terms, Spain ($X) constituted the largest supplier of granite, sandstone and other building stone to Portugal, comprising 84% of total imports. The second position in the ranking was taken by Angola ($X), with a 6% share of total imports. It was followed by France, with a 3.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain stood at +4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Angola (+41.5% per year) and France (+28.4% per year).

Import Prices by Country

In 2021, the average import price for granite, sandstone and other building stone amounted to $X per ton, falling by -4.7% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.9%. The growth pace was the most rapid in 2014 an increase of 32% against the previous year. The import price peaked at $X per ton in 2020, and then reduced modestly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (-1.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :