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

Contents:

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

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

The average import price for monumental or building stone, other than granite and sandstone stood at $532 per ton in 2022, dropping by -49.4% against the previous year. Over the period under review, the import price, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 910% against the previous year. The import price peaked at $1,338 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($902 per ton), while the price for Turkey ($246 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+41.7%), 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 Denmark (FOB) - 2022

The average export price for monumental or building stone, other than granite and sandstone stood at $1,931 per ton in 2022, dropping by -2.9% against the previous year. Overall, the export price showed a noticeable slump. The growth pace was the most rapid in 2020 when the average export price increased by 251% against the previous year. Over the period under review, the average export prices reached the peak figure at $7,410 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($21,133 per ton), while the average price for exports to Greenland ($4,070 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 the United States (+66.7%), 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 Denmark

In 2022, overseas purchases of monumental or building stone, other than granite and sandstone decreased by -5.8% to 577 tons, falling for the second year in a row after two years of growth. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +6.1% 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 decreased by -27.7% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 65%. As a result, imports attained the peak of 798 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of monumental or building stone, other than granite and sandstone declined markedly to $307K in 2022. In general, imports continue to indicate a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 194%. As a result, imports reached the peak of $644K, and then contracted sharply in the following year.

Import of Monumental or Building Stone, Other than Granite and Sandstone in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China26.113367.620799.4%
Norway36.712.157.131.9-4.6%
Italy0.3N/AN/A25.7340.8%
India34461.113116.3-63.8%
VietnamN/AN/AN/A12.20%
Turkey7.4N/A7.06.3-5.2%
Hong Kong SARN/AN/A329N/A0%
Russia6.7N/AN/AN/A0%
Others17.212.052.17.9-22.8%
Total438219644307-11.2%

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

  1. China (366.7 tons)
  2. Italy (60.8 tons)
  3. India (53.4 tons)
  4. Norway (35.4 tons)
  5. Vietnam (29.1 tons)
  6. Turkey (25.5 tons)

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

In 2022, the amount of monumental or building stone, other than granite and sandstone exported from Denmark skyrocketed to 29 tons, with an increase of 123% compared with 2021 figures. Over the period under review, exports, however, saw a slight setback.

In value terms, exports of monumental or building stone, other than granite and sandstone surged to $56K in 2022. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Monumental or Building Stone, Other than Granite and Sandstone in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greenland1.11.715.847.9251.8%
Norway3.82.57.56.821.4%
Sweden1.54.02.51.62.2%
Faroe Islands1.53.40.2N/A-63.5%
Others9.50.50.2N/A-85.5%
Total17.412.126.156.448.0%

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

  1. Greenland (11.8 tons)
  2. Norway (0.3 tons)
  3. Sweden (0.2 tons)

Source: IndexBox Market Intelligence Platform

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