Sweden: Granite Building Stone Market 2025

Granite Building Stone Market Size in Sweden

In 2021, after two years of growth, there was significant decline in the Swedish granite building stone market, when its value decreased by -13.5% to $X. Over the period under review, the total consumption indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +44.2% against 2018 indices. As a result, consumption reached the peak level of $X, and then declined in the following year.

Granite Building Stone Exports

Exports from Sweden

Granite building stone exports from Sweden surged to X tons in 2021, jumping by 60% against 2020 figures. In general, exports, however, saw a abrupt decline. The growth pace was the most rapid in 2019 when exports increased by 149% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, granite building stone exports surged to $X in 2021. Over the period under review, exports, however, continue to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2014 with an increase of 66%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Denmark (X tons) was the main destination for granite building stone exports from Sweden, with a 73% share of total exports. Moreover, granite building stone exports to Denmark exceeded the volume sent to the second major destination, Norway (X tons), sixfold. Finland (X tons) ranked third in terms of total exports with a 3.5% share.

From 2012 to 2021, the average annual growth rate of volume to Denmark stood at +3.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-20.3% per year) and Finland (-13.8% per year).

In value terms, Denmark ($X), Norway ($X) and Iceland ($X) were the largest markets for granite building stone exported from Sweden worldwide, together comprising 75% of total exports. Germany and Finland lagged somewhat behind, together comprising a further 11%.

Germany, with a CAGR of +9.7%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average granite building stone export price amounted to $X per ton, dropping by -4.8% against the previous year. Over the period under review, the export price, however, recorded a measured increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 128% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iceland ($X per ton), while the average price for exports to Denmark ($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 Norway (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.

Granite Building Stone Imports

Imports into Sweden

In 2021, after three years of growth, there was significant decline in purchases abroad of granite building stone, when their volume decreased by -25% to X tons. Overall, imports, however, continue to indicate noticeable growth. The pace of growth was the most pronounced in 2019 with an increase of 63% against the previous year. Imports peaked at X tons in 2020, and then declined dramatically in the following year.

In value terms, granite building stone imports contracted slightly to $X in 2021. The total import value increased at an average annual rate of +2.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 29% against the previous year. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

Turkey (X tons), Portugal (X tons) and China (X tons) were the main suppliers of granite building stone imports to Sweden, together accounting for 86% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +161.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), China ($X) and Portugal ($X) were the largest granite building stone suppliers to Sweden, with a combined 67% share of total imports.

Turkey, with a CAGR of +149.9%, saw 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 granite building stone import price stood at $X per ton in 2021, rising by 32% against the previous year. Over the period under review, the import price, however, continues to indicate a slight descent. The pace of growth appeared the most rapid in 2015 when the average import price increased by 65%. Over the period under review, average import prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

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 China (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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