Price for Monumental or Building Stone, Other than Granite and Sandstone in Luxembourg - 2023

Contents:

  1. Price for Monumental or Building Stone, Other than Granite and Sandstone in Luxembourg (CIF) - 2023
  2. Price for Monumental or Building Stone, Other than Granite and Sandstone in Luxembourg (FOB) - 2022
  3. Imports of Monumental or Building Stone, Other than Granite and Sandstone in Luxembourg
  4. Exports of Monumental or Building Stone, Other than Granite and Sandstone in Luxembourg

Price for Monumental or Building Stone, Other than Granite and Sandstone in Luxembourg (CIF) - 2023

In December 2023, the average import price for monumental or building stone, other than granite and sandstone amounted to $759 per ton, surging by 98% against the previous month. In general, the import price continues to indicate a remarkable increase. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 284% against the previous month. Over the period under review, average import prices hit record highs in December 2023.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Belgium ($1,185 per ton), while the price for Germany ($621 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Monumental or Building Stone, Other than Granite and Sandstone in Luxembourg (FOB) - 2022

In 2022, the average export price for monumental or building stone, other than granite and sandstone amounted to $2,118,162 per ton, jumping by 8,105% against the previous year. Overall, the export price posted significant growth. The most prominent rate of growth was recorded in 2021 an increase of 25,863%. The export price peaked in 2022 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 France ($3,817,792 per ton), while the average price for exports to Germany ($192,231 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 Poland (+328.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Monumental or Building Stone, Other than Granite and Sandstone in Luxembourg

In 2022, supplies from abroad of monumental or building stone, other than granite and sandstone decreased by -29.9% to 15K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a precipitous setback. The growth pace was the most rapid in 2020 when imports increased by 23% against the previous year. As a result, imports attained the peak of 40K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of monumental or building stone, other than granite and sandstone rose notably to $4.3M in 2022. In general, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 57%. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in years to come.

Import of Monumental or Building Stone, Other than Granite and Sandstone in Luxembourg (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium0.11.22.12.5192.4%
Germany1.91.91.71.5-7.6%
Others0.10.10.10.344.2%
Total2.13.24.04.327.0%

Top Suppliers of Monumental or Building Stone, Other than Granite and Sandstone to Luxembourg in 2022:

  1. Belgium (9.1K tons)
  2. Germany (5.5K tons)

Exports of Monumental or Building Stone, Other than Granite and Sandstone in Luxembourg

For the third year in a row, Luxembourg recorded decline in overseas shipments of monumental or building stone, other than granite and sandstone, which decreased by -96.7% to 117 kg in 2022. Over the period under review, exports continue to indicate a dramatic decline. The smallest decline of -6.8% was in 2020.

In value terms, exports of monumental or building stone, other than granite and sandstone surged to $248K in 2022. Overall, exports, however, recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Monumental or Building Stone, Other than Granite and Sandstone in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium57.094.137.519450.4%
Netherlands41.018.319.827.9-12.0%
France24.619.934.726.32.3%
OthersN/A0.2N/AN/A0%
Total12313392.024826.3%

Top Export Markets for Monumental or Building Stone, Other than Granite and Sandstone from Luxembourg in 2022:

  1. Belgium (93.0 kg)
  2. Netherlands (16.0 kg)
  3. France (7.0 kg)

Source: IndexBox Market Intelligence Platform

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