The import of natural stone setts, kerbstones, and flagstones to Spain has shown significant fluctuations over the past decade. From 2013 to 2020, the market experienced a mixture of sharp declines and modest growths, with noteworthy drops in 2015 and 2016. Beginning in 2018, the market saw signs of recovery, marked by a nearly 57% increase in 2018 and a substantial 97% spike in 2021. In 2022 and 2023, the growth decelerated slightly but remained positive, with year-on-year increases of 8.36% and 7.83%, respectively.
By 2023, imports stood at 16.963 million kilograms. Forecasts for 2024 onwards suggest sustained growth, with a forecasted 5-year CAGR of 4.76% and an overall growth rate of 26.15% by 2028. This indicates steady expansion, albeit at a more moderate pace compared to recent years.
Future trends to watch include:
- Shifts in construction demand and urban development in Spain, impacting import volumes. - Evolution of global trade policies and tariffs affecting stone imports. - Technological advancements and increased focus on sustainable building materials.
