Russian stone demand surges by 600 million square meters per year

June 10, 2023

Abstract Since the beginning of this year, China's export of stone business to Russia has continued to grow. All granite stone and its products from Manzhouli Port of Manzhouli Port were exported to Russia from January to August, of which trade exports increased by 73.4%. Private enterprises are the main force, and the export of granite stone increases...

Since the beginning of this year, China's export of stone business to Russia has continued to grow. All granite stone and its products from Manzhouli Port of Manzhouli Port were exported to Russia from January to August, of which trade exports increased by 73.4%. Private enterprises were the main force, and the export of granite stone more than doubled.

For the growth of stone demand, the analysis believes that the Russian economy has recovered rapidly in recent years. The demand for granite stone and its products has increased due to the government's high-end construction projects and villas and tombstone markets. Domestic supply is far from satisfactory. China's granite stone is rich, deep processing ability is strong, product quality is good and the price is low. Another important reason is that in 2013, the tariffs on imported granite, porphyry, basalt, sandstone and other building materials in Russia fell to 3%, which effectively boosted the import of mineral stone.

It is understood that the Russian stone industry mainly relies on imports, especially in the past two years, the Moscow region has set off a sales boom of natural stone, and dealers have tripled. According to estimates, the annual demand for Russian stone is 600 million square meters, and sales can reach 20 billion US dollars. Quanzhou stone enterprises have made great moves and will build a stone storage and logistics center in Russia.

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