Marble And Travertine Market Overview in Estonia
In value terms, marble and travertine production reached $ in 2019 estimated in export prices. Over the period under review, production posted a buoyant expansion. The growth pace was the most rapid in 2008 with an increase of % against the previous year. Over the period under review, production hit record highs at $ in 2011; however, from 2012 to 2019, production remained at a lower figure.
The size of the marble and travertine market in Estonia was estimated at $ in 2019, remaining constant against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% over the period from 2007 to 2019; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2011 with an increase of % against the previous year. Estonia consumption peaked at $ in 2013; however, from 2014 to 2019, consumption stood at a somewhat lower figure.