Switzerland: Natural Stone Sett Market 2024

Natural Stone Sett Market Size in Switzerland

For the third consecutive year, the Swiss natural stone sett market recorded growth in sales value, which increased by 8.7% to $X in 2022. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Natural Stone Sett Exports

Exports from Switzerland

In 2022, natural stone sett exports from Switzerland skyrocketed to X tons, jumping by 31% compared with the year before. Overall, exports recorded strong growth. The growth pace was the most rapid in 2013 with an increase of 148%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, natural stone sett exports dropped rapidly to $X in 2022. Over the period under review, exports recorded a pronounced expansion. The pace of growth appeared the most rapid in 2019 with an increase of 144% against the previous year. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Belgium (X tons), Germany (X tons) and Italy (X tons) were the main destinations of natural stone sett exports from Switzerland, together comprising 80% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +50.0%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the UK ($X) and France ($X) constituted the largest markets for natural stone sett exported from Switzerland worldwide, with a combined 91% share of total exports. Italy, Belgium and Croatia lagged somewhat behind, together comprising a further 7.2%.

Croatia, with a CAGR of +39.0%, saw the highest rates of growth with regard to the value of exports, among 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

In 2022, the average natural stone sett export price amounted to $X per ton, dropping by -54.2% against the previous year. Overall, the export price showed a deep slump. The pace of growth appeared the most rapid in 2021 an increase of 73% against the previous year. As a result, the export price reached the peak level of $X per ton, and then declined significantly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Belgium ($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 Germany (+4.9%), while the prices for the other major destinations experienced a decline.

Natural Stone Sett Imports

Imports into Switzerland

In 2022, purchases abroad of natural stone setts, kerbstones and flagstones increased by 1.4% to X tons, rising for the third consecutive year after two years of decline. In general, imports, however, showed a slight downturn. The growth pace was the most rapid in 2020 with an increase of 53% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, natural stone sett imports rose markedly to $X in 2022. The total import value increased at an average annual rate of +1.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 16% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of natural stone sett to Switzerland, with a 37% share of total imports. Moreover, natural stone sett imports from Italy exceeded the figures recorded by the second-largest supplier, Portugal (X tons), twofold. China (X tons) ranked third in terms of total imports with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy amounted to +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+5.9% per year) and China (-1.1% per year).

In value terms, Italy ($X) constituted the largest supplier of natural stone setts, kerbstones and flagstones to Switzerland, comprising 40% of total imports. The second position in the ranking was held by China ($X), with a 15% share of total imports. It was followed by Portugal, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from Italy amounted to +3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+0.3% per year) and Portugal (+10.3% per year).

Import Prices by Country

The average natural stone sett import price stood at $X per ton in 2022, rising by 11% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.4% 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 decreased by -17.4% against 2019 indices. The pace of growth was the most pronounced in 2019 when the average import price increased by 56%. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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