Price for Monumental or Building Stone, Other than Granite and Sandstone in Russia - 2022

Contents:

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

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

The average export price for monumental or building stone, other than granite and sandstone stood at $49 per ton in 2022, increasing by 48% against the previous year. Over the period under review, the export price, however, recorded a abrupt slump. The export price peaked at $136 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($279 per ton), while the average price for exports to Georgia ($11 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 Ukraine (+7.5%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for monumental or building stone, other than granite and sandstone amounted to $35 per ton, rising by 34% against the previous year. In general, the import price, however, saw a slight decrease. The pace of growth was the most pronounced in 2015 an increase of 65%. Over the period under review, average import prices hit record highs at $120 per ton in 2017; however, from 2018 to 2022, import prices stood 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 Turkey ($95 per ton), while the price for Ukraine ($23 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+33.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

After three years of growth, overseas shipments of monumental or building stone, other than granite and sandstone decreased by -38.9% to 44K tons in 2022. Over the period under review, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 351% against the previous year. As a result, the exports attained the peak of 73K tons, and then shrank dramatically in the following year.

In value terms, exports of monumental or building stone, other than granite and sandstone contracted to $2.2M in 2022. The total export value increased at an average annual rate of +9.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 24% against the previous year. As a result, the exports reached the peak of $2.4M, and then reduced in the following year.

Export of Monumental or Building Stone, Other than Granite and Sandstone in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania9111,1541,318894-0.6%
Belarus4404916435084.9%
Ukraine19.69.715.3250133.6%
Poland29.216.825.118886.0%
Georgia5.6N/A2.997.3159.0%
Armenia0.332.580.460.3485.8%
Estonia15.616.673.356.453.5%
Kazakhstan61.853.111222.0-29.1%
Others18816412992.2-21.1%
Total1,6711,9382,3992,1689.1%

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

  1. Lithuania (13.8K tons)
  2. Belarus (10.6K tons)
  3. Georgia (9.0K tons)
  4. Poland (4.4K tons)
  5. Armenia (1.5K tons)
  6. Estonia (1.3K tons)
  7. Ukraine (0.9K tons)
  8. Kazakhstan (0.4K tons)

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

Imports of monumental or building stone, other than granite and sandstone into Russia shrank significantly to 24K tons in 2022, with a decrease of -42.3% against 2021. Overall, imports, however, posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 551% against the previous year. As a result, imports reached the peak of 41K tons, and then contracted remarkably in the following year.

In value terms, imports of monumental or building stone, other than granite and sandstone reduced notably to $830K in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +6.9% 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 +42.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 85% against the previous year. As a result, imports attained the peak of $1.1M, and then fell remarkably in the following year.

Import of Monumental or Building Stone, Other than Granite and Sandstone in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway80.983.136326047.6%
PortugalN/AN/A439130-70.4%
Estonia2.21.3N/A66.7211.8%
Armenia61.935.28.551.3-6.1%
Ukraine25237519750.7-41.4%
Finland1.50.212.748.4218.4%
Turkey1847.713.943.7-38.1%
Georgia0.7N/AN/A30.8253.0%
Others96.679.743.114915.5%
Total6805821,0778306.9%

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

  1. Norway (10.3K tons)
  2. Portugal (4.7K tons)
  3. Ukraine (2.2K tons)
  4. Armenia (1.6K tons)
  5. Estonia (1.5K tons)
  6. Georgia (1.2K tons)
  7. Finland (0.7K tons)
  8. Turkey (0.5K tons)

Source: IndexBox Market Intelligence Platform

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