Key Market Indicators
Russia's stone exports are expected to reach $632 million by 2026, up from $548 million in 2021, growing at an average rate of 2.4% a year. Since 2001, Russian supply has increased by 9.5% a year. In 2021, Malaysia topped the list with $548 million, followed by Germany, the US and Italy. Russia's stone imports are set to reach $1.08 billion in 2026, up from $1 billion in 2021, growing at an average rate of 1.3% a year. Since 2001, Russian demand has risen by 7.8% a year. India led the rankings in 2021 with $1 billion, followed by Germany, the UK and France.
Russia Rock Market Data and Forecasts
What is the size of the Russian Rock Market in 2022?More in Rock Industry in major countries
How much will Russia Rock Market grow to 2026?
Improve your Knowledge with the latest Indicators and Trends
As economic activities evolve, so too does the industry centered around the modification of natural stone. On a granular level, this involves cutting, shaping, and finishing stone to meet differing demand profiles across various sectors. Notably, the expansion of construction and infrastructure projects, coupled with increased consumer demand for aesthetically...Read more
The Accelerated pace of technological innovation is certain to significantly reshape the stone crafting segment. Digitization has propelled augmented reality, automation and digital twins into the sector. New technologies streamline traditional activities such as cutting and shaping, enhancing precision while reducing manual labor. Their seamless integration is expected to boost...Read more
Global economic data predicts a positive trajectory for the silica gel market. Despite traditional applications in desiccant drying and humidity control, new opportunities have started to emerge. Technological advancements have broadened the practicality of silica gel, driving its demand in several innovative sectors like chromatography, the medical field, and water...Read more
The Frac Sand industry is experiencing noteworthy expansion, primarily driven by the skyrocketing demand for hydraulic fracturing, or fracking', in oil and natural gas production. The growth is also influenced by advancements in fracking technology where exploration companies are employing increased amounts of frac sand per well to augment output....Read more
At present, the field of Specialty Silica is observing a heightened demand owing to various factors. Technological innovations are propelling the evolution of its utilization in different industries, leading to its increased consumption. Notably, the tire industry demonstrates significant preference for precipitated silica, while sectors deploying green tire technologies seek...Read more