Crude or roughly trimmed granite market in Czechia

Earlier Report Observations

The market for crude or roughly trimmed granite in Czechia showed considerable volatility between 2018 and 2024. Starting at 10 381 thousand US dollars in 2018, the market volume contracted over the next two years, falling to 7 934 thousand by 2020. This downward trend was abruptly reversed in 2021, when the market surged to 13 117 thousand and continued growing to a peak of 14 313 thousand in 2022. A significant correction followed in 2023, reducing the market size to 10 071 thousand.

The market recovered partially in 2024, reaching 11 518 thousand. This expansion took place in a context where broader macroeconomic factors, including fiscal and monetary policy, influenced overall demand. Simultaneously, persistent labor market imbalances and a shortage of workers constrained production capacities, impacting the supply side. Domestic demand pressures were also tempered by higher monetary policy rates and a restrictive fiscal package.

Production crude or roughly trimmed granite in Czechia

In value, 2018-2021, K $ US

After two consecutive years of decline, production of crude or roughly trimmed granite in Czechia rebounded. In 2021, output reached 12 979 thousand US dollars, marking a significant 68.2% increase compared to the previous year. Looking at the period from 2018 to 2021, production grew by 29.3%, which translates to an average annual growth rate of 8.9%. The lowest value was recorded in 2020 at 7 717 thousand US dollars, with the largest decline of 13.4% also occurring that year.

Annual dynamics of production in Czechia in value, 2018-2021, K $ US

In kind, 2018-2021, K t

The data shows irregular changes, pointing to a volatile market environment. Production volume hit its lowest point in 2018 and peaked in 2021, with a 6.4-fold difference between these years. In 2021, Czechia produced 1 138 thousand tonnes of crude or roughly trimmed granite, representing a substantial gain of 342.5% over 2020. The largest decline was recorded in 2020 at 12.1%.

Annual dynamics of production in Czechia in kind, 2018-2021, K t

Exports crude or roughly trimmed granite from Czechia

Exports in kind, t

Market behavior during these years was characterized by volatility. From 2018 to 2019, export volumes varied by 4.3 times between their peak and trough. In 2021, Czechia exported 3 226 tonnes of crude or roughly trimmed granite, showing an 11.9% year-over-year increase. The minimum value was recorded in 2019 at 2 453 tonnes, with the largest decline of 76.8% also occurring that year. The largest increase was recorded in 2020 at 17.5%.

Annual dynamics of product's exports from Czechia in kind, 2018-2021, t

From 2018 to 2021, the export partner base for crude or roughly trimmed granite in kind was extremely narrow, with Germany alone accounting for 95.8% of total flows.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Czechia in kind, 2018-2021

Exports in value, K $ US

Noticeable fluctuations marked market performance during this period. Export values varied by 4.3 times from the high in 2018 to the low in 2019. In 2021, Czechia's exports of crude or roughly trimmed granite amounted to 221.7 thousand US dollars, showing a sharp uptick of 30.3% from the previous year. The minimum value was recorded in 2019 at 136.1 thousand US dollars, with the largest decline of 76.6% also occurring that year.

Annual dynamics of product's exports from Czechia in value, 2018-2021, K $ US

From 2018 to 2021, Germany was overwhelmingly dominant in Czechia's exports of crude or roughly trimmed granite in value terms, accounting for 93.7% of total flows.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Czechia in value, 2018-2021

Imports crude or roughly trimmed granite to Czechia

Imports in kind, t

The market exhibited an unstable trend throughout the timeframe. Import volumes varied by 4 times from the peak in 2019 to the trough in 2021. In 2021, Czechia imported 1 738 tonnes of crude or roughly trimmed granite, down by 13.6% year-over-year. The maximum value was recorded in 2019 at 6 994 tonnes, with the largest decline of 71.2% occurring in 2020. The largest increase was recorded in 2019 at 1.0%.

Annual dynamics of product's imports to Czechia in kind, 2018-2021, t

Throughout 2018 to 2021, Poland, Germany, and India formed the core of imports in kind for crude or roughly trimmed granite, with shares of 48.0%, 23.6%, and 7.0% respectively, together accounting for 78.6% of total flows.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Czechia in kind, 2018-2021

Imports in value, K $ US

Imports of crude or roughly trimmed granite to Czechia declined for the third consecutive year. In 2021, imports reached 359.5 thousand US dollars, representing a 7.2% drop compared to the previous year. Over the period from 2018 to 2021, imports decreased by 61.1%, with a compound annual growth rate of -27.0%.

Annual dynamics of product's imports to Czechia in value, 2018-2021, K $ US

Throughout 2018 to 2021, Poland, Germany, and India played leading roles in imports of crude or roughly trimmed granite in value terms to Czechia, with shares of 25.2%, 21.6%, and 15.9% respectively, jointly accounting for 62.7% of total flows.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Czechia in value, 2018-2021