Marble and Travertine Market in Asia - Key Insights

IndexBox has just published a new report, the Asia - Marble And Travertine - Market Analysis, Forecast, Size, Trends and Insights. Here is a summary of the report's key findings.

The revenue of the marble and travertine market in Asia amounted to $X in 2017, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2012, when it surged by X% against the previous year. In that year, the marble and travertine market attained its peak level of $X. From 2013 to 2017, the growth of the marble and travertine market remained at a lower figure.

Production in Asia

The marble and travertine production totaled X tons in 2017, therefore, remained relatively stable against the previous year. The total output volume increased at an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years.

Marble And Travertine Exports

Exports in Asia

In 2017, marble and travertine exports in Asia amounted to X tons, jumping by X% against the previous year. The total exports indicated a prominent growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2017 figures, the marble and travertine exports increased by +X% against 2015 indices.

In value terms, marble and travertine exports amounted to $X (IndexBox estimates) in 2017. The marble and travertine exports continue to indicate a remarkable growth. Over the period under review, marble and travertine exports attained their peak figure at $X in 2013; however, from 2014 to 2017, exports failed to regain their momentum.

Exports by Country

In 2017, Turkey (X tons) was the main exporter for marble and travertine, creating X% of total exports. It was distantly followed by Iran (X tons), generating X% share of total exports. The following exporters - India (X tons) and Pakistan (X tons) each accounted for a X% share of total exports.

Exports from Turkey increased at an average annual rate of +X% from 2007 to 2017. At the same time, Pakistan (+X%), Iran (+X%) and India (+X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Pakistan, Iran and Turkey decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest marble and travertine supplier in Asia, comprising X% of global exports. The second position in the ranking was occupied by Iran ($X), with a X% share of global exports. It was followed by India, with a X% share.

Export Prices by Country

The marble and travertine export price in Asia stood at $X per ton in 2017, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Turkey ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Turkey (+X% per year), while the other leaders experienced more modest paces of growth.

Marble And Travertine Imports

Imports in Asia

In 2017, imports of marble and travertine in Asia stood at X tons, picking up by X% against the previous year. The total imports indicated a remarkable expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.

In value terms, marble and travertine imports amounted to $X (IndexBox estimates) in 2017. The total imports indicated a strong expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, marble and travertine imports attained their peak figure at $X in 2013; however, from 2014 to 2017, imports failed to regain their momentum.

Imports by Country

China dominates marble and travertine imports structure, accounting for X tons, which was approx. X% of total imports in 2017. It was distantly followed by India (X tons), making up X% share of total imports.

From 2007 to 2017, average annual rates of growth with regard to marble and travertine imports into China stood at +X%. At the same time, India (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest growing importer in Asia, with a CAGR of +X% from 2007-2017. While the share of India (-X%) and China (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported marble and travertine in Asia, comprising X% of global imports. The second position in the ranking was occupied by India ($X), with a X% share of global imports.

Import Prices by Country

In 2017, the marble and travertine import price in Asia amounted to $X per ton, going up by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011, an increase of X% against the previous year. Over the period under review, the import prices for marble and travertine reached their maximum at $X per ton in 2014; however, from 2015 to 2017, import prices failed to regain their momentum.

Average import prices varied somewhat amongst the major importing countries. In 2017, the country with the highest import price was India ($X per ton), while China totaled $X per ton.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China (+X% per year).

Source: IndexBox Market Intelligence Platform