India - Granite (Crude) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCrude Granite Price in India - 2023
Contents:
- Crude Granite Price in India (FOB) - 2022
- Crude Granite Price in India (CIF) - 2023
- Crude Granite Exports in India
- Crude Granite Imports in India
Crude Granite Price in India (FOB) - 2022
In 2022, the average crude granite export price amounted to $149 per ton, remaining relatively unchanged against the previous year. In general, the export price, however, saw a noticeable reduction. The pace of growth was the most pronounced in 2015 when the average export price increased by 0.9%. The export price peaked at $184 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($320 per ton), while the average price for exports to China ($132 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+1.1%), while the prices for the other major destinations experienced a decline.
Crude Granite Price in India (CIF) - 2023
In July 2023, the average crude granite import price amounted to $417 per ton, remaining stable against the previous month. Over the period under review, the import price, however, continues to indicate a slight contraction. The growth pace was the most rapid in September 2022 when the average import price increased by 28% month-to-month. Over the period under review, average import prices attained the peak figure at $537 per ton in November 2022; however, from December 2022 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($577 per ton), while the price for Finland ($296 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Finland (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Crude Granite Exports in India
After three years of growth, overseas shipments of granite (crude) decreased by -14.2% to 37M tons in 2022. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 831%. As a result, the exports reached the peak of 44M tons, and then contracted in the following year.
In value terms, crude granite exports reduced to $5.6B in 2022. Over the period under review, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 831%. As a result, the exports attained the peak of $6.5B, and then dropped in the following year.
| Export of Crude Granite in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 620 | 621 | 5,523 | 4,447 | 92.9% |
| Poland | 11.0 | 11.6 | 166 | 226 | 173.9% |
| Italy | 8.3 | 6.8 | 122 | 184 | 180.9% |
| Others | 72.6 | 58.5 | 683 | 716 | 114.4% |
| Total | 712 | 697 | 6,493 | 5,573 | 98.5% |
Top Export Markets for Crude Granite from India in 2022:
- China (33.6M tons)
- Italy (0.7M tons)
- Poland (0.7M tons)
Crude Granite Imports in India
In 2022, approx. 20K tons of granite (crude) were imported into India; jumping by 22% on 2021. Overall, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 134% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.
In value terms, crude granite imports soared to $5.7M in 2022. Over the period under review, imports recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 134% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Crude Granite in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 1,406 | 1,232 | 2,194 | 3,715 | 38.2% |
| United States | 77.4 | 84.9 | 100 | 443 | 78.9% |
| Italy | 22.4 | N/A | N/A | 235 | 118.9% |
| Sweden | 83.0 | 199 | 611 | 232 | 40.9% |
| Finland | 232 | 81.7 | 404 | 222 | -1.5% |
| Angola | 110 | 69.0 | 122 | N/A | 5.3% |
| Israel | 578 | N/A | N/A | N/A | 0% |
| Others | 374 | 342 | 1,266 | 896 | 33.8% |
| Total | 2,884 | 2,008 | 4,697 | 5,742 | 25.8% |
Top Suppliers of Crude Granite to India in 2022:
- South Africa (14.0K tons)
- United States (1.3K tons)
- Finland (1.2K tons)
- Italy (0.6K tons)
- Sweden (0.5K tons)
This report provides an in-depth analysis of the crude granite market in India. 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.
Product coverage:
- Prodcom 08111233 - Granite, crude or roughly trimmed
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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