Key Market Indicators
Latvia's stone export is projected to rise to $227 million by 2026, up from $184 million in 2021. This will represent a 3.6% year-on-year growth rate. Since 1999,Latvia's supply has grown by 6.5% annually. The country was number 40 in 2021, with Lithuania ahead at $183 million. Germany, the United States, and Italy were the top three in the rankings. Latvia's stone imports are expected to reach $124 million by 2026, up from $111 million in 2021. This equates to a 1.9% year-on-year growth rate. Since 1999, Latvia's demand has risen by 8.4% each year. The country ranked 60th in 2021, with Estonia ahead at $111 million. Germany, the United Kingdom, and France occupied the second, third, and fourth spots respectively.
