Updated Mar 23, 2023 16:17

Marble Building Stone Market in Poland

Market Overview
In , the Polish marble building stone market increased by % to $, rising for the second year in a row after four years of decline. Over the period under review, consumption recorded a pronounced slump. Marble building stone consumption peaked at $ in 2008; however, from 2009 to , consumption remained at a lower figure.

In value terms, marble building stone production shrank to $ in estimated in export price. In general, the total production indicated a tangible increase from 2007 to : its value increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production increased by +% against 2019 indices. The growth pace was the most rapid in 2010 when the production volume increased by % against the previous year. Marble building stone production peaked at $ in , and then shrank in the following year.


Consumption
In , the amount of marble building stone consumed in Poland reduced notably to tons, shrinking by -% on the previous year's figure. Over the period under review, consumption showed a abrupt decline. Marble building stone consumption peaked at tons in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.

The value of the marble building stone market in Poland reached $ in , almost unchanged from 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). Overall, consumption continues to indicate a pronounced shrinkage. Over the period under review, the market hit record highs at $ in 2008; however, from 2009 to , consumption remained at a lower figure.


Market Forecast
Depressed by shrinking demand for marble building stone in Poland, the market is expected to continue its downward consumption trend over the next eight-year period. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .

In value terms, the market is forecast to contract with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Trade Balance
Poland remains a net importer of marble building stone; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.