China - Granite Blocks And Slabs - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

China - Granite Blocks And Slabs - Market Analysis, Forecast, Size, Trends And Insights

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Granite Block Price in China - 2023

Contents:

  1. Granite Block Price in China (CIF) - 2023
  2. Granite Block Price in China (FOB) - 2023
  3. Granite Block Imports in China
  4. Granite Block Exports in China

Granite Block Price in China (CIF) - 2023

The average granite block import price stood at $167 per ton in June 2023, which is down by -14.3% against the previous month. Overall, the import price saw a mild slump. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 27% month-to-month. The import price peaked at $241 per ton in July 2022; however, from August 2022 to June 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Brazil ($354 per ton), while the price for Cambodia ($98.0 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Cambodia (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Granite Block Price in China (FOB) - 2023

In June 2023, the average granite block export price amounted to $276 per ton, declining by -20.5% against the previous month. Over the period under review, the export price, however, enjoyed a perceptible expansion. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 216% m-o-m. Over the period under review, the average export prices reached the maximum at $1,263 per ton in October 2022; however, from November 2022 to June 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Indonesia ($1,008 per ton), while the average price for exports to Pakistan ($50.0 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

Granite Block Imports in China

In 2022, the amount of granite blocks and slabs imported into China surged to 1.1M tons, rising by 36% on the previous year. Over the period under review, imports saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 42%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, granite block imports skyrocketed to $218M in 2022. In general, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 41% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Granite Block in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil47.162.173.911534.7%
India31.043.575.995.445.5%
Others5.17.910.27.714.7%
Total83.211316021837.9%

Top Suppliers of Granite Block to China in 2022:

  1. India (570.1K tons)
  2. Brazil (511.9K tons)

Granite Block Exports in China

Granite block exports from China surged to 18K tons in 2022, increasing by 34% on 2021. Overall, exports, however, recorded a deep contraction.

In value terms, granite block exports surged to $5.8M in 2022. In general, exports, however, showed a relatively flat trend pattern.

Export of Granite Block in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand1,1221,8394701,3005.0%
Indonesia14919.043.129325.3%
Pakistan248945324166-12.5%
Italy176270167142-6.9%
South Korea79833356.166.6-56.3%
Bangladesh17.91.513.013.3-9.4%
Taiwan (Chinese)2,533N/AN/AN/A0%
Others7962,0341,1833,84069.0%
Total5,8405,4412,2555,821-0.1%

Top Export Markets for Granite Block from China in 2022:

  1. Thailand (2.1K tons)
  2. Pakistan (2.0K tons)
  3. Indonesia (0.5K tons)
  4. Italy (0.2K tons)
  5. South Korea (0.2K tons)
  6. Bangladesh (0.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the granite block market in China. 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 08111236 - Granite merely cut into rectangular (including square) blocks or slabs

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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