Russia Stone Market: A Virgin Field(2/10/2010)

According to Russian official statistics, the Commission estimates that Russia's GDP in recent years, an average annual increase of 3 percentage points. Total foreign investment in high and sometimes low, but the overall upward trend. Russia, St. Petersburg and other big cities in recent years, ushered in during the peak construction period, which makes the stone to increase the annual consumption of 4 to 5 percentage points. At present Russia's consumer market, decorative stone is more promising than many European countries. Direct consumption side stone market share reached 40% -45%, and because the socio-economic factors will continue to increase, these factors include the increase in purchasing power and real sense of the middle class. Russia's stone market will be as its foreign trade, including an increase in the amount of investment to expand.

At present the Russian economy is entering a period of rapid growth, strong growth in emerging real estate over the past two years, the whole of Russia completed the construction of industrial buildings and commercial space picked an area of strong growth, building materials market, a substantial increase annual trade volume. A large number of renovation and expansion project, city of old building transformation, new home construction and renovation needs, decorative stone for construction demand is growing.

(by China Leiyuan, 2/10/2010)