United Arab Emirates - Granite Building Stone - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGranite Building Stone Price in the United Arab Emirates - 2021
Contents:
- Granite Building Stone Price in the United Arab Emirates (CIF) - 2022
- Granite Building Stone Price in the United Arab Emirates (FOB) - 2022
- Granite Building Stone Imports in the United Arab Emirates
- Granite Building Stone Exports in the United Arab Emirates
Granite Building Stone Price in the United Arab Emirates (CIF) - 2022
The average granite building stone import price stood at $374 per ton in 2022, with an increase of 3.7% against the previous year. Over the period under review, the import price, however, saw a mild curtailment. The growth pace was the most rapid in 2013 when the average import price increased by 23% against the previous year. The import price peaked at $635 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($1,391 per ton), while the price for China ($326 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+0.7%), while the prices for the other major suppliers experienced a decline.
Granite Building Stone Price in the United Arab Emirates (FOB) - 2022
The average granite building stone export price stood at $1,130 per ton in 2022, rising by 156% against the previous year. In general, the export price posted buoyant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
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 Uzbekistan ($3,972 per ton), while the average price for exports to Jordan ($950 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 Iran (+30.4%), while the prices for the other major destinations experienced mixed trend patterns.
Granite Building Stone Imports in the United Arab Emirates
For the third consecutive year, the United Arab Emirates recorded decline in overseas purchases of granite building stone, which decreased by -1.6% to 169K tons in 2022. In general, imports continue to indicate a abrupt descent.
In value terms, granite building stone imports stood at $63M in 2022. Over the period under review, imports continue to indicate a mild decline. The pace of growth appeared the most rapid in 2021 when imports increased by 6.4% against the previous year.
| Import of Granite Building Stone in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 20.1 | 14.8 | 11.9 | 49.6 | 35.1% |
| Italy | 1.6 | 1.2 | 1.1 | 3.5 | 29.8% |
| Brazil | 3.8 | 2.1 | 3.0 | 3.3 | -4.6% |
| India | 36.7 | 34.6 | 40.4 | N/A | 4.9% |
| Others | 4.5 | 5.3 | 5.4 | 6.6 | 13.6% |
| Total | 66.7 | 58.1 | 61.8 | 63.0 | -1.9% |
Top Suppliers of Granite Building Stone to the United Arab Emirates in 2022:
- China (152.3K tons)
- Brazil (5.4K tons)
- Italy (2.5K tons)
Granite Building Stone Exports in the United Arab Emirates
In 2022, shipments abroad of granite building stone decreased by -80.1% to 4.6K tons, falling for the second year in a row after two years of growth. In general, exports faced a sharp curtailment. The pace of growth was the most pronounced in 2020 with an increase of 5.5% against the previous year. As a result, the exports attained the peak of 24K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, granite building stone exports reduced remarkably to $5.3M in 2022. Overall, exports showed a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 13% against the previous year. As a result, the exports reached the peak of $10M, and then declined sharply in the following year.
| Export of Granite Building Stone in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | 2.4 | 3.0 | 3.7 | 3.6 | 14.5% |
| Uzbekistan | N/A | N/A | N/A | 0.6 | 0% |
| Czech Republic | N/A | N/A | N/A | 0.3 | 0% |
| United States | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Oman | 6.2 | 5.3 | 5.7 | N/A | -4.1% |
| Others | 0.7 | 0.8 | 0.7 | 0.5 | -10.6% |
| Total | 9.3 | 9.1 | 10.3 | 5.3 | -17.1% |
Top Export Markets for Granite Building Stone from the United Arab Emirates in 2022:
- Jordan (3829.2 tons)
- Czech Republic (318.0 tons)
- United States (166.8 tons)
- Uzbekistan (158.1 tons)
This report provides an in-depth analysis of the granite building stone market in the United Arab Emirates. 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:
- United Arab Emirates
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the United Arab Emirates
- 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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