Granite blocks and slabs market in Austria

Earlier Report Observations

The Austrian market for granite blocks and slabs experienced significant fluctuations in physical volume between 2018 and 2024. Starting at 131.2 thousand tons in 2018, market volume expanded substantially to 173.1 thousand tons in 2021 before contracting sharply to 116.0 thousand tons in 2022. A recovery phase followed, with volume rising to 135.2 thousand tons in 2023 and further to 154.9 thousand tons in 2024.

The market's recovery in 2023 and 2024 aligned with the political agreement and adoption of the amended EU Building Directive, which comes into force from 2024. This regulatory change introduces mandatory requirements for building automation and lighting systems in non-residential buildings, indirectly stimulating demand for construction materials like granite as renovation and new projects adapt to meet the incoming energy efficiency standards.

Production granite blocks and slabs in Austria

In value, 2017-2020, K $ US

In 2020, Austria's output of granite blocks and slabs was valued at 3,892 thousand US dollars, marking a significant decline of 61.4% compared to the previous year. Over the period from 2017 to 2020, production decreased by 74.1%, with a compound annual growth rate of -36.3%.

Annual dynamics of production in Austria in value, 2017-2020, K $ US

In kind, 2017-2020, K t

The market exhibited volatility during the observed period. Production volumes reached their minimum in 2018 and peaked in 2017, with the peak being 5.5 times higher than the low. In 2020, Austria produced 140.2 thousand tonnes of granite blocks and slabs, representing a sharp decline of 81.8% compared to 2019.

Annual dynamics of production in Austria in kind, 2017-2020, K t

Exports granite blocks and slabs from Austria

Exports in kind, t

Cross-border shipments of granite blocks and slabs from Austria declined for the second consecutive year. In 2020, export volume reached 3,285 tonnes, down by 25.9% compared to 2019. Between 2017 and 2020, exports decreased by 28.8%, equating to an annualized rate of -10.7%. The maximum volume was recorded in 2018 at 6,769 tonnes. The largest decline occurred in 2019, with a drop of 34.5%, while the largest increase was in 2018, with a rise of 46.8%.

Annual dynamics of product's exports from Austria in kind, 2017-2020, t

Throughout the period from 2017 to 2020, Germany remained the primary destination for Austria's exports in kind, accounting for 79.7% of total flows, with the remaining share distributed among various smaller markets.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Austria in kind, 2017-2020

Exports in value, K $ US

Austria's exports of granite blocks and slabs in monetary terms declined for the second consecutive year. In 2020, Austria exported 736 thousand US dollars worth of granite blocks and slabs, indicating a contraction of 55.9% year-over-year. Between 2017 and 2020, exports decreased by 50%, equating to an annualized rate of -20.6%. The maximum value was recorded in 2018 at 2,387 thousand US dollars, with the largest increase also occurring in 2018 at 62.1%.

Annual dynamics of product's exports from Austria in value, 2017-2020, K $ US

Throughout 2017–2020, Germany dominated Austria's export structure in value terms, holding a share of 93.7% of total flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Austria in value, 2017-2020

Imports granite blocks and slabs to Austria

Imports in kind, t

In 2020, Austria imported a total of granite blocks and slabs, equivalent to a steep drop of 41.1% compared to the previous year. Between 2017 and 2020, imports decreased by 24.6%, equating to an annualized rate of -9.0%. The maximum volume was recorded in 2019 at 1,758 tonnes, with the largest increase also occurring in 2019 at 36.2%.

Annual dynamics of product's imports to Austria in kind, 2017-2020, t

From 2017 to 2020, Italy (30.1% of imports in kind), Czechia (22.9% of imports in kind), and India (12.2% of imports in kind) were the largest suppliers of granite blocks and slabs to Austria, together forming 65.2% of total imports in kind.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Austria in kind, 2017-2020

Imports in value, K $ US

In 2020, Austria's imports of granite blocks and slabs totalled 614 thousand US dollars, constituting a steep decline of 26.3% compared with 2019. Over the period from 2017 to 2020, imports decreased by 16.5%, with a compound annual growth rate of -5.8%. The minimum value was recorded in 2018 at 613 thousand US dollars, while the maximum value was in 2019 at 834 thousand US dollars. The largest increase occurred in 2019, with a rise of 36.1%.

Annual dynamics of product's imports to Austria in value, 2017-2020, K $ US

From 2017 to 2020, Italy (54.6% of imports in value terms), Germany (11.4% of imports in value terms), and India (9.4% of imports in value terms) were the largest suppliers of granite blocks and slabs to Austria, together forming 75.4% of total imports in value terms.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Austria in value, 2017-2020