Price for Monumental or Building Stone, Other than Granite and Sandstone in the UK - 2023
Contents:
- Price for Monumental or Building Stone, Other than Granite and Sandstone in the UK (CIF) - 2022
- Price for Monumental or Building Stone, Other than Granite and Sandstone in the UK (FOB) - 2022
- Imports of Monumental or Building Stone, Other than Granite and Sandstone in the UK
- Exports of Monumental or Building Stone, Other than Granite and Sandstone in the UK
Price for Monumental or Building Stone, Other than Granite and Sandstone in the UK (CIF) - 2022
In 2022, the average import price for monumental or building stone, other than granite and sandstone amounted to $102 per ton, dropping by -72.2% against the previous year. Overall, the import price saw a deep contraction. The most prominent rate of growth was recorded in 2021 an increase of 127%. As a result, import price attained the peak level of $367 per ton, and then fell significantly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,535 per ton), while the price for Norway ($65 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.2%), 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 the UK (FOB) - 2022
In 2022, the average export price for monumental or building stone, other than granite and sandstone amounted to $336 per ton, waning by -50.2% against the previous year. In general, the export price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2015 when the average export price increased by 189% against the previous year. As a result, the export price reached the peak level of $1,869 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($1,265 per ton), while the average price for exports to Guyana ($152 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 Germany (+4.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Monumental or Building Stone, Other than Granite and Sandstone in the UK
In 2022, after two years of decline, there was significant growth in purchases abroad of monumental or building stone, other than granite and sandstone, when their volume increased by 271% to 227K tons. Over the period under review, imports showed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of monumental or building stone, other than granite and sandstone amounted to $23M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +18.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 53% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Monumental or Building Stone, Other than Granite and Sandstone in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 1.3 | 1.3 | 0.4 | 13.6 | 118.7% |
| India | 4.9 | 10.8 | 19.0 | 6.8 | 11.5% |
| China | 0.4 | 1.5 | 1.7 | 1.6 | 58.7% |
| Others | 7.4 | 1.1 | 1.3 | 1.1 | -47.0% |
| Total | 14.0 | 14.7 | 22.4 | 23.1 | 18.2% |
Top Suppliers of Monumental or Building Stone, Other than Granite and Sandstone to the UK in 2022:
- Norway (209.2K tons)
- India (13.9K tons)
- China (1.1K tons)
Exports of Monumental or Building Stone, Other than Granite and Sandstone in the UK
In 2022, approx. 1.8K tons of monumental or building stone, other than granite and sandstone were exported from the UK; with an increase of 29% against the previous year. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2021 with an increase of 263%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of monumental or building stone, other than granite and sandstone shrank notably to $619K in 2022. Overall, exports continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 138%. As a result, the exports attained the peak of $963K, and then reduced sharply in the following year.
| Export of Monumental or Building Stone, Other than Granite and Sandstone in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 0.1 | 4.6 | 127 | 145 | 1031.9% |
| United States | 238 | 162 | 511 | 139 | -16.4% |
| Ireland | 13.4 | 27.3 | 45.0 | 80.3 | 81.6% |
| Belgium | 71.8 | 60.0 | 25.9 | 76.7 | 2.2% |
| Portugal | 96.5 | 121 | 134 | 67.1 | -11.4% |
| Guyana | N/A | N/A | N/A | 43.4 | 0% |
| Germany | 3.6 | 3.0 | N/A | 30.5 | 103.9% |
| Italy | 0.1 | 14.7 | 8.8 | 8.0 | 330.9% |
| Others | 63.7 | 11.7 | 112 | 29.4 | -22.7% |
| Total | 487 | 405 | 963 | 619 | 8.3% |
Top Export Markets for Monumental or Building Stone, Other than Granite and Sandstone from the UK in 2022:
- Spain (655.4 tons)
- Guyana (286.2 tons)
- Ireland (268.0 tons)
- Belgium (225.9 tons)
- Portugal (193.6 tons)
- United States (109.9 tons)
- Germany (46.3 tons)
- Italy (24.9 tons)
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