Report Update: May 1, 2024

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

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Marble and Travertine Price in Singapore - 2022

Marble and Travertine Price in Singapore (CIF) - 2022

In September 2022, the average marble and travertine import price amounted to $2,963 per ton, with a decrease of -20.6% against the previous month. Overall, the import price, however, enjoyed prominent growth. The most prominent rate of growth was recorded in February 2022 when the average import price increased by 393% month-to-month. As a result, import price reached the peak level of $7,547 per ton. From March 2022 to September 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was China ($3,510 per ton), while the price for Oman ($907 per ton) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by China (+11.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Marble and Travertine Price in Singapore (FOB) - 2022

The average marble and travertine export price stood at $319 per ton in 2021, shrinking by -75.3% against the previous year. Over the period under review, the export price showed a deep setback. The pace of growth appeared the most rapid in 2014 an increase of 450%. Over the period under review, the average export prices reached the maximum at $2,022 per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Malaysia ($2,290 per ton), while the average price for exports to South Africa ($237 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+49.8%), while the prices for the other major destinations experienced more modest paces of growth.

Marble and Travertine Imports in Singapore

In 2022, imports of marble and travertine into Singapore skyrocketed to 19K tons, with an increase of 178% against the previous year's figure. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, marble and travertine imports contracted dramatically to $5.5M in 2022. In general, imports posted prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 157% against the previous year. As a result, imports reached the peak of $7.3M, and then contracted remarkably in the following year.

Import of Marble and Travertine in Singapore (Thousand USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
China	6.4	492	5,422	2810.6%
Italy	1,637	762	1,034	-20.5%
Oman	N/A	N/A	304	0%
Turkey	115	22.6	288	58.3%
Hong Kong SAR	N/A	N/A	70.2	0%
Portugal	157	1,575	N/A	903.2%
Others	2,496	6.9	229	-69.7%
Total	4,412	2,859	7,347	29.0%

Top Suppliers of Marble and Travertine to Singapore in 2022:

China (5.1K tons)
Turkey (1.2K tons)
Italy (1.1K tons)
Oman (0.5K tons)
Hong Kong SAR (0.1K tons)

Marble and Travertine Exports in Singapore

In 2022, approx. 649 tons of marble and travertine were exported from Singapore; rising by 32% on 2021. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 413%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, marble and travertine exports contracted notably to $118K in 2022. Overall, exports, however, continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 27%.

Export of Marble and Travertine in Singapore (Thousand USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
Indonesia	149	99.5	82.1	-25.8%
China	9.1	7.0	41.4	113.3%
South Africa	N/A	N/A	11.5	0%
Oman	27.0	N/A	N/A	0%
Others	10.6	17.0	21.3	41.8%
Total	196	123	156	-10.8%

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

Indonesia (257.6 tons)
China (132.5 tons)
South Africa (48.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the marble and travertine 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 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:

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.

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