The Romanian market for merely cut granite has seen a declining trend from 2013 to 2023, with its value per capita decreasing from $0.12 to $0.095 in 2023. The past two years saw a significant YoY reduction, with an approximate 5.05% drop from 2021 to 2023. Over the last five years, the compound annual growth rate (CAGR) indicates an average annual decrease of around 1.06%. This steady decline suggests decreasing demand or increasing efficiency in granite use per capita.
Future trends to watch for include economic recovery impacts, potential changes in construction trends, and technological advancements in granite processing that could stabilize or boost the market. Additionally, sustainability concerns and shifts towards alternative materials could further influence market dynamics.
