United Kingdom - Granite (Crude) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCrude Granite Price in the UK - 2023
Contents:
- Crude Granite Price in the UK (CIF) - 2022
- Crude Granite Price in the UK (FOB) - 2022
- Crude Granite Imports in the UK
- Crude Granite Exports in the UK
Crude Granite Price in the UK (CIF) - 2022
The average crude granite import price stood at $18 per ton in 2022, dropping by -20.7% against the previous year. In general, the import price faced a abrupt slump. The pace of growth was the most pronounced in 2021 an increase of 21%. Over the period under review, average import prices hit record highs at $60 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Norway.
From 2012 to 2022, the rate of growth in terms of prices for Norway amounted to -11.4% per year.
Crude Granite Price in the UK (FOB) - 2022
The average crude granite export price stood at $1,389 per ton in 2022, surging by 83% against the previous year. Overall, the export price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 an increase of 516% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($5,010 per ton), while the average price for exports to Japan ($553 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 South Korea (+189.0%), while the prices for the other major destinations experienced more modest paces of growth.
Crude Granite Imports in the UK
For the fourth consecutive year, the UK recorded growth in overseas purchases of granite (crude), which increased by 8.6% to 4.3M tons in 2022. The total import volume increased at an average annual rate of +11.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, crude granite imports contracted to $80M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.0% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 43%. As a result, imports attained the peak of $93M, and then fell in the following year.
Import of Crude Granite in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | 42.3 | 45.0 | 57.2 | 60.5 | 12.7% |
Others | 12.7 | 19.8 | 35.4 | 19.3 | 15.0% |
Total | 55.0 | 64.8 | 92.6 | 79.8 | 13.2% |
Top Suppliers of Crude Granite to the UK in 2022:
- Norway (4.3M tons)
Crude Granite Exports in the UK
Crude granite exports from the UK contracted modestly to 525 tons in 2022, shrinking by -4.7% against the previous year's figure. Overall, exports faced a dramatic downturn.
In value terms, crude granite exports soared to $729K in 2022. Over the period under review, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 233%. The exports peaked in 2022 and are likely to continue growth in years to come.
Export of Crude Granite in the UK (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 3.8 | N/A | 30.1 | 372 | 360.9% |
United States | 15.6 | 69.9 | 75.8 | 215 | 139.8% |
Norway | N/A | 16.1 | 56.8 | 47.7 | 72.1% |
France | N/A | N/A | N/A | 43.8 | 0% |
Ireland | 169 | 3.9 | 213 | 26.8 | -45.9% |
Japan | N/A | 9.8 | 25.0 | 13.2 | 16.1% |
South Korea | N/A | 12.6 | N/A | 0.9 | -73.3% |
South Africa | N/A | 13.2 | N/A | N/A | 0% |
Netherlands | N/A | N/A | 15.2 | N/A | 0% |
Others | 34.3 | N/A | 2.2 | 9.8 | -34.1% |
Total | 223 | 126 | 418 | 729 | 48.4% |
Top Export Markets for Crude Granite from the UK in 2022:
- Belgium (414.7 tons)
- United States (42.8 tons)
- Japan (23.9 tons)
- Norway (11.2 tons)
- France (10.9 tons)
- Ireland (7.0 tons)
- South Korea (1.3 tons)
This report provides an in-depth analysis of the crude granite market in the UK. 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 08111233 - Granite, crude or roughly trimmed
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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
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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
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- 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 -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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
- 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 Of Origin, 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, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the crude granite market in the UK.
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This report provides an in-depth analysis of the global crude granite market.
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This report provides an in-depth analysis of the global granite block market.
This report provides an in-depth analysis of the global sandstone market.
This report provides an in-depth analysis of the global market for porphyry, basalt and quartzites.
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Sandstone imports peaked at 464K tons in 2021 but decreased to a lower figure in 2022 and 2023. The value of sandstone imports significantly dropped to $67M in 2023.
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