Ukraine: Marble Building Stone Market 2024

Marble Building Stone Market Size in Ukraine

The Ukrainian marble building stone market surged to $X in 2021, growing by 25% against the previous year. Overall, consumption, however, continues to indicate a mild contraction. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Marble Building Stone Production in Ukraine

In value terms, marble building stone production reached $X in 2021 estimated in export price. Overall, production saw a abrupt slump. The pace of growth appeared the most rapid in 2018 when the production volume increased by 71%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Marble Building Stone Exports

Exports from Ukraine

Marble building stone exports from Ukraine soared to X tons in 2021, growing by 58% on the previous year. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by 227%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, marble building stone exports skyrocketed to $X in 2021. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2018 when exports increased by 264% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Georgia (X tons), Russia (X tons) and Lithuania (X tons) were the main destinations of marble building stone exports from Ukraine, together accounting for 64% of total exports.

From 2012 to 2021, the biggest increases were recorded for Georgia (with a CAGR of +183.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Russia ($X) and Georgia ($X) appeared to be the largest markets for marble building stone exported from Ukraine worldwide, together accounting for 57% of total exports.

In terms of the main countries of destination, the United States, with a CAGR of +375.6%, saw 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

The average marble building stone export price stood at $X per ton in 2021, approximately reflecting the previous year. Overall, the export price posted a prominent expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 66% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Oman ($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 the United States (+106.4%), while the prices for the other major destinations experienced more modest paces of growth.

Marble Building Stone Imports

Imports into Ukraine

In 2021, marble building stone imports into Ukraine surged to X tons, increasing by 18% on 2020 figures. Overall, imports, however, continue to indicate a slight setback. The pace of growth appeared the most rapid in 2013 with an increase of 21% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, marble building stone imports soared to $X in 2021. Over the period under review, imports, however, recorded a perceptible slump. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Turkey (X tons) constituted the largest marble building stone supplier to Ukraine, accounting for a 44% share of total imports. Moreover, marble building stone imports from Turkey exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. Greece (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from Turkey amounted to -1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-3.1% per year) and Greece (+12.6% per year).

In value terms, Turkey ($X), Italy ($X) and Spain ($X) constituted the largest marble building stone suppliers to Ukraine, with a combined 75% share of total imports. These countries were followed by Greece, China, India, Bulgaria, Armenia and Oman, which together accounted for a further 13%.

In terms of the main suppliers, Greece, with a CAGR of +3.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average marble building stone import price stood at $X per ton in 2021, increasing by 18% against the previous year. Overall, the import price, however, saw a perceptible slump. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Bulgaria ($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 (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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