Marble Building Stone Market
Marble building stone market: find newly released statistics empowered by an Ai-driven market intelligence tool. Data include market prices, trade, market size, companies, exports, consumption, production, and imports. There is a breakdown by region, including Africa, China, the U.S., the Middle East, the U.K., Russia, Latin America, and EU. Market trends and outlook to 2030 are also featured in the snapshots.
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Marble Building Stone - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | China |
| 2 | United States |
| 3 | Italy |
| 4 | Turkey |
| 5 | India |
In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by Italy.
From 2018 to 2020, the average annual rate of growth in terms of value in China stood at +11.8%. The remaining consuming countries recorded the following average annual rates of market growth: the United States (-13.4% per year) and Italy (-45.3% per year).
Marble Building Stone Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Egypt | 299 | 189 | 241 | -10.2% |
| Oman | 383 | 395 | 339 | -5.9% |
| Turkey | 402 | 384 | 365 | -4.7% |
| Portugal | 713 | 712 | 562 | -11.2% |
| India | 538 | 420 | 697 | 13.8% |
| Spain | 705 | 663 | 748 | 3.0% |
| Greece | 875 | 897 | 770 | -6.2% |
| China | 1043 | 1360 | 1386 | 15.3% |
| Italy | 1574 | 1588 | 1749 | 5.4% |
| Average | 691 | 749 | 687 | -0.3% |
Prices varied noticeably by the country of origin; the country with the highest price was Italy ($1,749 per ton), while Egypt ($241 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| United States | 945 | 911 | 985 | 2.1% |
| Israel | 344 | 565 | 691 | 41.7% |
| Kuwait | 478 | 446 | 545 | 6.8% |
| South Korea | 679 | 615 | 524 | -12.2% |
| France | 788 | 633 | 473 | -22.5% |
| United Arab Emirates | 658 | 663 | 464 | -16.0% |
| Libya | 565 | 436 | 464 | -9.4% |
| Morocco | 394 | 374 | 373 | -2.7% |
| Canada | 505 | 499 | 369 | -14.5% |
| Saudi Arabia | 306 | 285 | 335 | 4.6% |
| Iraq | 279 | 271 | 276 | -0.5% |
| Average | 666 | 676 | 629 | -2.8% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the United States ($985 per ton), while Iraq ($276 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Israel, while the other global leaders experienced more modest paces of growth.
Marble Building Stone - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| United States | 1.5 | 1.3 | 1 | -17.3% |
| Saudi Arabia | 0.2 | 0.2 | 0.3 | 25.4% |
| United Arab Emirates | 0.2 | 0.2 | 0.2 | -18.2% |
| South Korea | 0.1 | 0.1 | 0.1 | -1.8% |
| France | 0.1 | 0.2 | 0.1 | -13.5% |
In value terms, the United States ($1B) constitutes the largest market for imported marble building stone worldwide, comprising 30% of global imports. The second position in the ranking was occupied by Saudi Arabia ($334M), with a 10% share of global imports. It was followed by the United Arab Emirates, with a 4.5% share.
From 2018 to 2020, the average annual rate of growth in terms of value in the United States amounted to -17.3%. In the other countries, the average annual rates were as follows: Saudi Arabia (+25.4% per year) and the United Arab Emirates (-18.2% per year).
Marble Building Stone - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| China | 0.7 | 1.5 | 1.4 | 40.8% |
| Turkey | 0.9 | 0.9 | 1 | 4.7% |
| Italy | 1 | 0.9 | 0.8 | -13.5% |
| Egypt | 0.1 | 0.06 | 0.2 | 25.7% |
| Spain | 0.2 | 0.2 | 0.1 | -16.6% |
In value terms, China ($1.4B), Turkey ($994M) and Italy ($784M) were the countries with the highest levels of exports in 2020, with a combined 74% share of global exports.
China saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Marble Building Stone - Market Forecast
Driven by rising demand for marble building stone worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Marble Building Stone - Product Coverage
- HS 680221 - Marble, travertine and alabaster; simply cut or sawn, with a flat or even surface
- HS 680291 - Marble, travertine and alabaster; articles thereof, (other than simply cut or sawn, with a flat or even surface)
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