In 2023, Italy led European production with a significant share of 27.22%, showing a notable growth of 12.7% year-on-year. Spain and France followed, with shares of 15.88% and 12.37% respectively, and growth rates of 9.5% for Spain and a modest 2.29% for France. The UK experienced a slight decline of 0.17%, while Germany and Portugal exhibited growth rates of 4.66% and a decline of 1.02% respectively. Among smaller producers, Denmark showed a remarkable increase of 18.71%.
Looking ahead, the European market for worked monumental and building stone articles of granite is expected to experience moderate growth, driven by continued infrastructure development and increasing demand for sustainable building materials. Italy and Spain are likely to maintain their strong positions, while emerging markets in Eastern Europe may see increased production as investment in local industries grows.
Top countries in Sold Production of Worked Monumental or Building Stone and Articles Thereof of Granite Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 27.22 | 2023 | +14.06% | +12.7% | View data |
| 2 | 2 Spain | 15.88 | 2023 | +8.66% | +9.5% | View data |
| 3 | 3 France | 12.37 | 2023 | +0.87% | +2.29% | View data |
| 4 | 4 United Kingdom | 8.81 | 2023 | -0.51% | -0.17% | View data |
| 5 | 5 Germany | 7.25 | 2023 | +3.3% | +4.66% | View data |
| 6 | 6 Portugal | 5.22 | 2023 | +0.64% | -1.02% | View data |
| 7 | 7 Austria | 4.37 | 2023 | +0.65% | +6.6% | View data |
| 8 | 8 Poland | 3.19 | 2023 | +1.94% | +2.34% | View data |
| 9 | 9 Denmark | 2.71 | 2023 | +1.63% | +18.71% | View data |
| 10 | 10 Netherlands | 2.56 | 2023 | +6.5% | -0.66% | View data |
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