Natural stone setts, curbstones and flagstones market in Finland

Earlier Report Observations

The market volume for natural stone setts, curbstones and flagstones in Finland expanded significantly from 186 thousand tons in 2018 to 331 thousand tons in 2020. This growth was underpinned by strong consumer appreciation for domestic natural stone due to its ecological credentials and aesthetic appeal, which boosted demand. Research efforts by GTK to map historical quarries in Southeast Finland also contributed to market revitalization during this period.

After peaking at 331 thousand tons in 2020, the market volume dropped to 263 thousand tons in 2021. It then saw a slight increase to 269 thousand tons in 2022, supported by the completion of GTK's NaStA project and heightened consumer focus on ecological materials. In 2023, volume edged down to 259 thousand tons, reflecting market stabilization. The decline continued to 212 thousand tons in 2024, a year in which major companies like Palin Granit and Loimaan Kivi remained active in supplying granite for large construction projects and developing new product segments such as stone garden tables.

Production natural stone setts, curbstones and flagstones in Finland

In value, 2017-2020, K $ US

Finland's production of natural stone setts, curbstones, and flagstones has grown for the third year in a row. In 2020, the output was valued at 38 413 thousand US dollars, marking a sharp year-on-year increase of 41.2%. From 2017 to 2020, production rose by 98.7%, which translates to an average annual growth rate of 25.7%.

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

In kind, 2017-2020, K t

Finland's production of natural stone setts, curbstones, and flagstones has increased for the second consecutive year. In 2020, the country produced 267.9 thousand tonnes, showing a significant rise of 14.6% compared to 2019. Between 2017 and 2020, production grew by 64.8%, with an average annual rate of 18.1%. The lowest production volume was recorded in 2018 at 151.2 thousand tonnes, which also saw the largest decline of 7.0%. In contrast, 2019 experienced the biggest increase of 54.6%.

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

Exports natural stone setts, curbstones and flagstones from Finland

Exports in kind, t

Market performance showed notable fluctuations during this period. Exports peaked in 2019 and reached their lowest point in 2020, with a 165-fold difference between these years. In 2020, Finland exported 29 tonnes of natural stone setts, curbstones, and flagstones, down by 99.4% from the previous year. The highest export volume was recorded in 2019 at 4 749 tonnes, which also saw the largest increase of 5,795.9%.

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

From 2017 to 2020, the export partner base for natural stone setts, curbstones, and flagstones was extremely narrow, with Sweden alone accounting for 94.5% of total flows.

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

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

Exports in value, K $ US

Market performance exhibited significant fluctuations during this period. Export values reached their maximum in 2019 and fell to a minimum in 2020, showing an 81-fold shift. In 2020, Finland exported 14 thousand US dollars worth of natural stone setts, curbstones, and flagstones, which is 98.8% lower year-on-year. The highest value was recorded in 2019 at 1 158 thousand US dollars, with the largest increase of 853.0% also occurring that year.

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

Between 2017 and 2020, Sweden was the primary destination for exports in value terms, representing 89.2% of total flows, while other markets formed a long tail of smaller partners.

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

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

Imports natural stone setts, curbstones and flagstones to Finland

Imports in kind, t

Finland's imports of natural stone setts, curbstones, and flagstones have risen for the third consecutive year. In 2020, imports amounted to 62 889 tonnes, reflecting a 20.9% year-on-year increase. From 2017 to 2020, imports grew by 111.6%, with a compound annual growth rate of 28.4%.

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

From 2017 to 2020, China dominated imports in kind, accounting for 83.3% of total flows, with other countries making up the remaining share.

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

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

Imports in value, K $ US

Market performance saw noticeable fluctuations during this period. A 2.8-fold variation was observed between the minimum in 2017 and the maximum in 2019. In 2020, Finland imported approximately 10 859 thousand US dollars worth of natural stone setts, curbstones, and flagstones, representing a decline of 25.6% compared to the previous year. The highest import value was recorded in 2019 at 14 602 thousand US dollars, which also experienced the largest increase of 82.1%.

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

Between 2017 and 2020, Finland's dependence on China was pronounced, with this market accounting for 91.1% of total import value for natural stone setts, curbstones, and flagstones.

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

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