Saturday, April 29, 2006

Figures from Germany

Good prices can still be achieved for high-quality natural stones

The Deutsche Naturwerkstein-Verband DNV states in its business report that although German domestic production dropped by four per cent in 2004, the decline was less than in 2003, when minus 10.5 per cent was registered.

However, the ??#118alue of the natural stones dropped by altogether 11.3 per cent in view of the persistent price pressure. In terms of the ??#118alue of domestic consumption, local production remained firm with a share of 59 per cent, although the share was still 62 per cent in 2003. In terms of quantity, the share dropped to 41 per cent in 2004, five per cent less than in 2003.

The domestic consumption rose by 7.1 per cent in quantity, but the total ??#118alue decreased. German exports of natural stone registered growth as before in 2003. The growth of eight per cent in 2004 was much higher than 2003 with 2.7 per cent. The ??#118alue even rose by 14.8 per cent, whereas the ??#118alue in 2003 was -4.5 per cent. DNV sees this as a sign that good prices can still be achieved for high-quality natural stones.

The export quota is still relatively low ?C here DNV sees a great potential for German natural stones. In view of the growing appreciation of natural stone among architects and developers, which is expected to continue in the future, there are justified prospects of increasing the market share for natural stone. As the share of key market segments like floor coverings or facade claddings is only two and five per cent respectively, even a small growth in the market share could cause many times more growth in the industry.

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