Saudi Arabia - Granite Building Stone - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGranite Building Stone Price in Saudi Arabia - 2021
Contents:
- Granite Building Stone Price in Saudi Arabia (CIF) - 2022
- Granite Building Stone Price in Saudi Arabia (FOB) - 2022
- Granite Building Stone Imports in Saudi Arabia
- Granite Building Stone Exports in Saudi Arabia
Granite Building Stone Price in Saudi Arabia (CIF) - 2022
The average granite building stone import price stood at $271 per ton in 2021, picking up by 10% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 36%. Over the period under review, average import prices reached the maximum at $363 per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($278 per ton), while the price for Egypt ($177 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+31.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Granite Building Stone Price in Saudi Arabia (FOB) - 2022
The average granite building stone export price stood at $632 per ton in 2022, leveling off at the previous year. In general, the export price saw a slight setback. The most prominent rate of growth was recorded in 2020 an increase of 35%. The export price peaked at $755 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($650 per ton), while the average price for exports to Jordan amounted to $631 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Granite Building Stone Imports in Saudi Arabia
In 2021, supplies from abroad of granite building stone decreased by -18.8% to 180K tons for the first time since 2018, thus ending a two-year rising trend. Overall, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 99% against the previous year. As a result, imports attained the peak of 222K tons, and then contracted remarkably in the following year.
In value terms, granite building stone imports shrank to $49M in 2021. Over the period under review, imports, however, recorded significant growth. The growth pace was the most rapid in 2020 when imports increased by 108%. As a result, imports attained the peak of $55M, and then shrank in the following year.
| Import of Granite Building Stone in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| India | 13.3 | 33.8 | 39.8 | 73.0% | |
| Egypt | N/A | 0.7 | 4.0 | 471.4% | |
| China | 11.5 | 19.0 | 3.5 | -44.8% | |
| Others | 1.5 | 1.2 | 1.6 | 3.3% | |
| Total | 26.2 | 54.6 | 48.8 | 36.5% | |
Top Suppliers of Granite Building Stone to Saudi Arabia in 2022:
- India (143.3K tons)
- Egypt (22.5K tons)
- China (13.0K tons)
Granite Building Stone Exports in Saudi Arabia
In 2022, overseas shipments of granite building stone increased by 1.2% to 6.8K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a abrupt slump.
In value terms, granite building stone exports shrank modestly to $4.3M in 2022. Overall, exports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 0.1% against the previous year.
| Export of Granite Building Stone in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | 4.4 | 3.9 | 3.9 | 4.2 | -1.5% |
| United States | 0.4 | 0.1 | N/A | 0.1 | -37.0% |
| Others | 0.5 | 0.4 | 0.3 | N/A | -22.5% |
| Total | 5.3 | 4.3 | 4.3 | 4.3 | -6.7% |
Top Export Markets for Granite Building Stone from Saudi Arabia in 2022:
- Jordan (6.7K tons)
- United States (0.2K tons)
This report provides an in-depth analysis of the granite building stone market in Saudi Arabia. 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 23701260 - Worked monumental or building stone and articles thereof, of granite (excluding tiles, cubes and similar articles, of which the largest surface area is capable of being enclosed in a square the side of which is < 7 cm, setts, kerbstones and
Country coverage:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- 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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