India - Marble Building Stone - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMarble Building Stone Price in India - 2023
Contents:
- Marble Building Stone Price in India (FOB) - 2023
- Marble Building Stone Price in India (CIF) - 2023
- Marble Building Stone Exports in India
- Marble Building Stone Imports in India
Marble Building Stone Price in India (FOB) - 2023
The average marble building stone export price stood at $913 per ton in July 2023, picking up by 2.7% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 11% month-to-month. Over the period under review, the average export prices reached the maximum in July 2023.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Canada ($1,566 per ton), while the average price for exports to Vietnam ($190 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.
Marble Building Stone Price in India (CIF) - 2023
The average marble building stone import price stood at $1,022 per ton in July 2023, surging by 27% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 30% month-to-month. As a result, import price reached the peak level of $1,118 per ton. From February 2023 to July 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($1,827 per ton), while the price for Oman ($710 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Turkey (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Marble Building Stone Exports in India
After three years of growth, overseas shipments of marble building stone decreased by -2% to 159K tons in 2022. The total export volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. As a result, the exports attained the peak of 162K tons, and then shrank slightly in the following year.
In value terms, marble building stone exports expanded sharply to $136M in 2022. The total export value increased at an average annual rate of +9.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 18% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Marble Building Stone in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 69.3 | 72.9 | 83.3 | 90.5 | 9.3% |
| United Arab Emirates | 2.0 | 1.8 | 4.0 | 4.3 | 29.1% |
| Canada | 2.6 | 2.4 | 3.3 | 3.6 | 11.5% |
| Vietnam | 1.9 | 1.8 | 1.4 | 1.9 | 0.0% |
| Saudi Arabia | 1.3 | 1.1 | 1.5 | 1.7 | 9.4% |
| Italy | 1.3 | 1.3 | 1.5 | 1.6 | 7.2% |
| Nepal | 0.6 | 0.8 | 1.2 | 1.3 | 29.4% |
| Egypt | 1.3 | 0.7 | 0.6 | 0.9 | -11.5% |
| Others | 22.9 | 22.0 | 26.6 | 30.4 | 9.9% |
| Total | 103 | 105 | 123 | 136 | 9.7% |
Top Export Markets for Marble Building Stone from India in 2022:
- United States (98.5K tons)
- Vietnam (5.1K tons)
- Nepal (4.6K tons)
- United Arab Emirates (4.4K tons)
- Canada (3.5K tons)
- Egypt (2.9K tons)
- Saudi Arabia (2.5K tons)
- Italy (2.5K tons)
Marble Building Stone Imports in India
Marble building stone imports into India surged to 49K tons in 2022, with an increase of 35% compared with the previous year's figure. Overall, imports, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 56% against the previous year.
In value terms, marble building stone imports surged to $49M in 2022. Over the period under review, imports, however, recorded a abrupt downturn.
| Import of Marble Building Stone in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 17.7 | 7.0 | 11.9 | 13.9 | -7.7% |
| Vietnam | 10.8 | 5.2 | 9.9 | 11.3 | 1.5% |
| Italy | 12.6 | 3.4 | 4.9 | 9.2 | -10.0% |
| Sri Lanka | 7.2 | 1.9 | 0.6 | 3.6 | -20.6% |
| Turkey | 2.6 | 1.6 | 2.4 | 2.9 | 3.7% |
| Oman | 5.5 | 2.0 | 0.1 | 2.9 | -19.2% |
| Portugal | 2.1 | 0.1 | 0.3 | 1.0 | -21.9% |
| Spain | 1.4 | 0.4 | 0.8 | 1.0 | -10.6% |
| Others | 3.1 | 0.9 | 1.8 | 2.9 | -2.2% |
| Total | 63.0 | 22.4 | 32.6 | 48.8 | -8.2% |
Top Suppliers of Marble Building Stone to India in 2022:
- China (15.4K tons)
- Vietnam (13.3K tons)
- Oman (4.9K tons)
- Italy (4.2K tons)
- Sri Lanka (3.9K tons)
- Turkey (3.4K tons)
- Spain (1.0K tons)
- Portugal (0.9K tons)
This report provides an in-depth analysis of the marble building stone market in India. 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 23701100 - Worked monumental/building stone and articles thereof, in marble, travertine and alabaster excluding tiles, cubes/similar articles, largest surface < 7 cm., setts, kerbstones, flagstones
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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
-
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
511
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This report provides an in-depth analysis of the marble building stone market in India.
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This report provides an in-depth analysis of the global marble building stone market.
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345
In January 2023, the growth rate of Granite Building Stone was particularly significant, with a month-on-month increase of 12%. The value of exports for Granite Building Stone also showed substantial expansion, reaching $86M in July 2023.
242
Explore the top import markets for marble building stone and the key statistics behind them. Discover the countries driving the global demand for this exquisite construction material.
275
Explore the top import markets for granite building stone, including the United States, South Korea, Japan, and more. Learn about the demand and use of granite in construction projects worldwide.
811
Over the past decade, the share of Indian supplies in the global exports value rose from 15% to 16%, while China's one soared from 50% to 59%.
345
In January 2023, the growth rate of Granite Building Stone was particularly significant, with a month-on-month increase of 12%. The value of exports for Granite Building Stone also showed substantial expansion, reaching $86M in July 2023.
242
Explore the top import markets for marble building stone and the key statistics behind them. Discover the countries driving the global demand for this exquisite construction material.
275
Explore the top import markets for granite building stone, including the United States, South Korea, Japan, and more. Learn about the demand and use of granite in construction projects worldwide.
811
Over the past decade, the share of Indian supplies in the global exports value rose from 15% to 16%, while China's one soared from 50% to 59%.
