Report Update: Apr 1, 2024

Mexico - Marble And Travertine - Market Analysis, Forecast, Size, Trends and Insights

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Marble and Travertine Price in Mexico - 2023

Marble and Travertine Price in Mexico (FOB) - 2023

The average marble and travertine export price stood at $585 per ton in June 2023, growing by 9.9% against the previous month. Overall, the export price, however, saw a slight curtailment. The pace of growth was the most pronounced in November 2022 when the average export price increased by 42% m-o-m. The export price peaked at $728 per ton in June 2022; however, from July 2022 to June 2023, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In June 2023, the country with the highest price was China ($523 per ton), while the average price for exports to Brazil stood at $433 per ton.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

Marble and Travertine Price in Mexico (CIF) - 2022

In 2021, the average marble and travertine import price amounted to $432 per ton, picking up by 5.1% against the previous year. Overall, import price indicated a pronounced increase from 2012 to 2021: its price increased at an average annual rate of +2.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, marble and travertine import price decreased by -3.5% against 2019 indices. The pace of growth was the most pronounced in 2019 an increase of 20%. As a result, import price reached the peak level of $447 per ton. From 2020 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1,014 per ton), while the price for the United States stood at $411 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Marble and Travertine Exports in Mexico

Marble and travertine exports from Mexico surged to 33K tons in 2022, with an increase of 476% on 2021. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, marble and travertine exports skyrocketed to $14M in 2022. Over the period under review, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Marble and Travertine in Mexico (Million USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
Brazil	0.6	1.7	2.2	91.5%
China	1.9	0.7	1.7	-5.4%
Italy	1.5	1.1	0.9	-22.5%
Spain	1.0	0.9	0.9	-5.1%
United States	0.2	0.4	0.5	58.1%
Taiwan (Chinese)	1.1	N/A	0.1	-69.8%
Others	N/A	0.1	N/A	0%
Total	6.2	4.9	6.2	0.0%

Top Export Markets for Marble and Travertine from Mexico in 2022:

Brazil (5.8K tons)
China (2.6K tons)
Italy (1.4K tons)
Spain (1.3K tons)
United States (0.8K tons)
Taiwan (Chinese) (0.1K tons)

Marble and Travertine Imports in Mexico

For the third consecutive year, Mexico recorded decline in overseas purchases of marble and travertine, which decreased by -41% to 2.1K tons in 2022. Over the period under review, imports recorded a significant contraction. The smallest decline of -0.8% was in 2021.

In value terms, marble and travertine imports fell significantly to $941K in 2022. In general, imports showed a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 4.3%.

Import of Marble and Travertine in Mexico (Thousand USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
United States	1,553	1,315	1,397	-5.2%
Italy	156	109	123	-11.2%
Egypt	358	N/A	N/A	0%
Others	250	33.6	N/A	-86.6%
Total	2,318	1,458	1,520	-19.0%

Top Suppliers of Marble and Travertine to Mexico in 2022:

United States (3.4K tons)
Italy (0.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the marble and travertine market in Mexico. 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 08111133 - Marble and travertine, crude or roughly trimmed
Prodcom 08111136 - Marble and travertine merely cut into rectangular or square blocks or slabs
Prodcom 08111150 - Ecaussine and other calcareous monumental or building stone of an apparent specific gravity . 2,5

Country coverage:

Mexico

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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