Singapore - Granite Blocks And Slabs - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGranite Block Price in Singapore - 2022
Contents:
- Granite Block Price in Singapore (CIF) - 2022
- Granite Block Price in Singapore (FOB) - 2022
- Granite Block Imports in Singapore
- Granite Block Exports in Singapore
Granite Block Price in Singapore (CIF) - 2022
In September 2022, the average granite block import price amounted to $1,433 per ton, rising by 44% against the previous month. In general, import price indicated a remarkable increase from September 2021 to September 2022: its price increased at an average monthly rate of +10.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, granite block import price increased by +43.8% against August 2022 indices. The most prominent rate of growth was recorded in October 2021 when the average import price increased by 139% month-to-month. Over the period under review, average import prices hit record highs in September 2022.
Average prices varied noticeably amongst the major supplying countries. In September 2022, the country with the highest price was Greece ($1,677 per ton), while the price for China totaled $1,394 per ton.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by China (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Granite Block Price in Singapore (FOB) - 2022
In 2022, the average granite block export price amounted to $191 per ton, remaining constant against the previous year. In general, the export price showed a noticeable curtailment. The most prominent rate of growth was recorded in 2013 when the average export price increased by 89% against the previous year. As a result, the export price attained the peak level of $504 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($558 per ton), while the average price for exports to Malaysia totaled $191 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+60.0%), while the prices for the other major destinations experienced mixed trend patterns.
Granite Block Imports in Singapore
In 2022, approx. 3.4K tons of granite blocks and slabs were imported into Singapore; picking up by 16% compared with 2021. Over the period under review, imports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 96% against the previous year.
In value terms, granite block imports surged to $3.7M in 2022. In general, imports continue to indicate prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Granite Block in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.5 | 0.8 | 1.5 | 3.4 | 10.8% |
| India | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Others | 0.2 | 0.1 | 0.2 | 0.2 | 0.0% |
| Total | 2.7 | 0.9 | 1.8 | 3.7 | 11.1% |
Top Suppliers of Granite Block to Singapore in 2022:
- China (3.2K tons)
- India (0.1K tons)
Granite Block Exports in Singapore
Granite block exports from Singapore skyrocketed to 1.3K tons in 2022, increasing by 34% on 2021. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 441%. As a result, the exports reached the peak of 1.6K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, granite block exports skyrocketed to $245K in 2022. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 401%. As a result, the exports attained the peak of $306K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Granite Block in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 0.7 | N/A | N/A | 244 | 603.8% |
| China | 0.1 | N/A | 76.5 | 0.8 | 100.0% |
| Cambodia | N/A | 218 | N/A | N/A | 0% |
| Indonesia | 55.6 | 87.6 | 107 | N/A | 38.7% |
| Others | 4.8 | N/A | N/A | N/A | 0% |
| Total | 61.1 | 306 | 184 | 245 | 58.9% |
Top Export Markets for Granite Block from Singapore in 2022:
- Malaysia (1277.9 tons)
- China (1.5 tons)
This report provides an in-depth analysis of the granite block market in Singapore. 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:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- 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
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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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