
World - Granite Building Stone - Market Analysis, Forecast, Size, Trends And Insights
India and China Strengthen Positions in Global Granite Building Stone Trade
IndexBox has just published a new report: 'World - Granite Building Stone - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.
Global Granite Building Stone Exports
For the third consecutive year, the global granite building stone market recorded a decline in shipments abroad, which decreased by -7.9% to 9.3M tons in 2020. In value terms, granite building stone exports amounted to $5.6B (IndexBox estimates).
China represented the leading exporting country with an export of about 4.8M tons, which accounted for 52% of total volume. India (2M tons) occupied the second position in the ranking, distantly followed by Brazil (782K tons). All these countries together took near 30% share of total exports. Italy (361K tons), Spain (292K tons) and Thailand (233K tons) occupied a relatively small percentage of total supplies.
Exports from China decreased at an average annual rate of -5.0% from 2010 to 2020. At the same time, Thailand (+86.4%), India (+6.6%) and Spain (+4.5%) displayed positive paces of growth.
In value terms, China ($3.3B) remains the largest granite building stone supplier worldwide, comprising 59% of global exports. The second position in the ranking was occupied by India ($906M), with a 16% share of global supplies. It was followed by Brazil, with a 7.2% share. The share of Indian supplies in global exports value rose from 15% in 2010 to 16% in 2020, while China's one soared from 50% to 59%.
The average export price for granite building stones stood at $602 per ton in 2020, growing by 17% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. Prices varied noticeably by the country of origin; the country with the highest price was Italy, while Thailand was amongst the lowest. From 2010 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced a decline in the export price figures.
This report provides an in-depth analysis of the global granite building stone market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
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The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
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