In 2023, Thailand emerged as the leading exporter of millstones and grindstones of natural stone, with Mexico and China following. Thailand and Zambia saw significant growth in their export values with year-on-year increases of 3.69% and 5.41%, respectively. Luxembourg and Estonia experienced remarkable growth over the last year, with increases of nearly 98% and 102%. In contrast, countries such as Austria, Brazil, and Israel faced substantial declines. The diverse performance indicators across countries highlight variability in regional exports, emphasizing the need for strategic adaptation in less-performing markets.
Future trends suggest a keen focus on technological advancements in production, enhanced quality standards, and sustainable practices. Countries like Kazakhstan and Ecuador display significant potential for growth, fueled by their recent upward export trends. Monitoring these dynamics could illuminate opportunities for emerging exporters to capitalize on the evolving demands in the global market for natural stone products.
Top countries in Export of Millstones, Grindstones of Natural Stone by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Thailand | 63,596,000 | 2023 | +2.54% | +3.69% | View data |
| 2 | 2 Mexico | 24,490,000 | 2023 | +3.65% | +2.3% | View data |
| 3 | 3 China | 23,288,000 | 2023 | +2.93% | +0.9% | View data |
| 4 | 4 United States | 7,826,100 | 2023 | +2.23% | +1.43% | View data |
| 5 | 5 Singapore | 4,934,900 | 2023 | +1.5% | +2.07% | View data |
| 6 | 6 Zambia | 1,938,800 | 2023 | +5.82% | +5.41% | View data |
| 7 | 7 South Korea | 978,610 | 2023 | +5.1% | +2.94% | View data |
| 8 | 8 India | 831,970 | 2023 | -6.77% | -9.27% | View data |
| 9 | 9 Germany | 669,190 | 2023 | -3.22% | -2.56% | View data |
| 10 | 10 Malaysia | 459,790 | 2023 | +2.47% | +4.41% | View data |
