In 2023, Thailand led global exports of millstones and grindstones, securing the largest market share with steady growth. Mexico, China, and the United States followed, marking significant contributions, while China faced modest growth. Notable declines came from Italy, Spain, and France, highlighting the shifting dynamics of the market. Smaller countries like Zambia and Malaysia showed impressive growth albeit from a low base, pointing to emerging market roles. Luxurious gains in exports were recorded in Luxembourg and Estonia, while Austria, Israel, and Bulgaria saw significant contractions.
Looking ahead, expect innovation in natural stone technologies and eco-friendly practices to drive market shifts in this sector. Growing demand for high-quality millstones in Asian markets could further redefine export dynamics. Watch for potential geopolitical changes impacting trade routes and supply chains.
Top countries in Export of Millstones, Grindstones of Natural Stone Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Thailand | 45.67 | 2023 | +2.54% | +3.69% | View data |
| 2 | 2 Mexico | 17.59 | 2023 | +3.65% | +2.3% | View data |
| 3 | 3 China | 16.72 | 2023 | +2.93% | +0.9% | View data |
| 4 | 4 United States | 5.62 | 2023 | +2.23% | +1.43% | View data |
| 5 | 5 Singapore | 3.54 | 2023 | +1.5% | +2.07% | View data |
| 6 | 6 Zambia | 1.39 | 2023 | +5.82% | +5.41% | View data |
| 7 | 7 South Korea | 0.7 | 2023 | +5.1% | +2.94% | View data |
| 8 | 8 India | 0.6 | 2023 | -6.77% | -9.27% | View data |
| 9 | 9 Germany | 0.48 | 2023 | -3.22% | -2.56% | View data |
| 10 | 10 Malaysia | 0.33 | 2023 | +2.47% | +4.41% | View data |
