World - Natural Stone Setts, Kerbstones and Flagstones - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGlobal Natural Stone Sett Market 2024
Natural Stone Sett Market Size
For the eleventh consecutive year, the global natural stone sett market recorded growth in sales value, which increased by 5% to $X in 2022. Overall, consumption, however, showed a strong expansion. Over the period under review, the global market reached the peak level in 2022 and is likely to see steady growth in the immediate term.
Natural Stone Sett Production
In value terms, natural stone sett production totaled $X in 2022 estimated in export price. In general, production, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the production volume increased by 42% against the previous year. Global production peaked in 2022 and is likely to see gradual growth in the immediate term.
Natural Stone Sett Exports
Exports
In 2022, overseas shipments of natural stone setts, kerbstones and flagstones decreased by -15% to X tons, falling for the third year in a row after three years of growth. Over the period under review, exports saw a abrupt downturn. The growth pace was the most rapid in 2019 with an increase of 16%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the global exports remained at a somewhat lower figure.
In value terms, natural stone sett exports reduced to $X in 2022. The total export value increased at an average annual rate of +1.4% 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 2020 with an increase of 22% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the global exports failed to regain momentum.
Exports by Country
The shipments of the three major exporters of natural stone setts, kerbstones and flagstones, namely Vietnam, Portugal and China, represented more than third of total export. It was distantly followed by Turkey (X tons), Germany (X tons), Italy (X tons) and Belgium (X tons), together committing a 27% share of total exports. Poland (X tons), Spain (X tons), India (X tons), the Netherlands (X tons), Saudi Arabia (X tons) and Ukraine (X tons) took a minor share of total exports.
From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +40.7%), while shipments for the other global leaders experienced more modest paces of growth.
In value terms, China ($X) remains the largest natural stone sett supplier worldwide, comprising 37% of global exports. The second position in the ranking was taken by Vietnam ($X), with a 12% share of global exports. It was followed by Portugal, with an 8.2% share.
From 2012 to 2022, the average annual rate of growth in terms of value in China totaled +12.7%. In the other countries, the average annual rates were as follows: Vietnam (+16.3% per year) and Portugal (+2.8% per year).
Export Prices by Country
In 2022, the average natural stone sett export price amounted to $X per ton, increasing by 5.9% against the previous year. Over the period under review, the export price recorded strong growth. The growth pace was the most rapid in 2020 an increase of 43% against the previous year. The global export price peaked in 2022 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while Poland ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+22.9%), while the other global leaders experienced more modest paces of growth.
Natural Stone Sett Imports
Imports
In 2022, approx. X tons of natural stone setts, kerbstones and flagstones were imported worldwide; standing approx. at the previous year. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by 29%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of global imports failed to regain momentum.
In value terms, natural stone sett imports contracted modestly to $X in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 27% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of global imports remained at a somewhat lower figure.
Imports by Country
In 2022, Afghanistan (X tons) was the key importer of natural stone setts, kerbstones and flagstones, committing 45% of total imports. South Korea (X tons) took a 7.8% share (based on physical terms) of total imports, which put it in second place, followed by the United States (7.7%) and Germany (7.6%). The following importers - France (X tons), the UK (X tons), Australia (X tons), Belgium (X tons), the Netherlands (X tons), Switzerland (X tons) and Norway (X tons) - together made up 17% of total imports.
Imports into Afghanistan increased at an average annual rate of +2.7% from 2012 to 2022. At the same time, the United States (+19.2%), South Korea (+17.4%), Australia (+15.3%) and the UK (+4.0%) displayed positive paces of growth. Moreover, the United States emerged as the fastest-growing importer imported in the world, with a CAGR of +19.2% from 2012-2022. Norway experienced a relatively flat trend pattern. By contrast, Switzerland (-1.2%), the Netherlands (-1.5%), Germany (-3.5%), France (-3.6%) and Belgium (-7.9%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Afghanistan, the United States, South Korea and Australia increased by +10, +6.4, +6.2 and +1.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the largest natural stone sett importing markets worldwide were Afghanistan ($X), the United States ($X) and Germany ($X), together comprising 40% of global imports.
The United States, with a CAGR of +22.1%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Import Prices by Country
In 2022, the average natural stone sett import price amounted to $X per ton, falling by -4.1% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 28%. As a result, import price reached the peak level of $X per ton, and then contracted modestly in the following year.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+5.6%), while the other global leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the global natural stone sett market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23701210 - Natural stone setts, kerbstones and flagstones (excluding of slate)
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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