U.S. - Marble Building Stone - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

U.S. - Marble Building Stone - Market Analysis, Forecast, Size, Trends And Insights

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Marble Building Stone Price in the United States - 2023

Contents:

  1. Marble Building Stone Price in the United States (CIF) - 2023
  2. Marble Building Stone Price in the United States (FOB) - 2022
  3. Marble Building Stone Imports in the United States
  4. Marble Building Stone Exports in the United States

Marble Building Stone Price in the United States (CIF) - 2023

The average marble building stone import price stood at $1,180 per ton in August 2023, growing by 7.8% against the previous month. In general, the import price recorded mild growth. The growth pace was the most rapid in December 2022 an increase of 21% m-o-m. Over the period under review, average import prices hit record highs in August 2023.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Italy ($3,130 per ton), while the price for Mexico ($539 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Marble Building Stone Price in the United States (FOB) - 2022

In 2022, the average marble building stone export price amounted to $132 per ton, picking up by 14% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 35%. The export price peaked at $174 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($242 per ton), while the average price for exports to Spain ($11 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 the UK (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.

Marble Building Stone Imports in the United States

Marble building stone imports into the United States expanded slightly to 1.3M tons in 2022, with an increase of 2.7% against the year before. The total import volume increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 28%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, marble building stone imports rose rapidly to $1.3B in 2022. The total import value increased at an average annual rate of +8.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 34% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Marble Building Stone in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy3132513313998.4%
Turkey27223131236310.1%
China2191832362362.5%
India88.984.511397.53.1%
Brazil47.855.873.967.912.4%
Mexico26.426.438.851.124.6%
Vietnam8.08.517.624.645.4%
Others93.170.998.71074.7%
Total1,0689111,2201,3458.0%

Top Suppliers of Marble Building Stone to the United States in 2022:

  1. Turkey (639.3K tons)
  2. China (186.8K tons)
  3. Italy (132.2K tons)
  4. India (124.3K tons)
  5. Mexico (103.3K tons)
  6. Brazil (57.5K tons)
  7. Vietnam (29.7K tons)

Marble Building Stone Exports in the United States

After three years of growth, shipments abroad of marble building stone decreased by -0.3% to 138K tons in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +16.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 38% against the previous year.

In value terms, marble building stone exports rose sharply to $18M in 2022. The total export value increased at an average annual rate of +6.5% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 15%. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Marble Building Stone in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada8.19.08.78.82.8%
Bahamas1.70.92.12.615.2%
Mexico0.80.80.61.728.6%
Antigua and BarbudaN/AN/A0.20.9350.0%
United Kingdom0.50.10.20.50.0%
TurkeyN/A0.20.40.322.5%
Italy0.50.90.40.3-15.7%
Jamaica0.10.10.10.226.0%
Cayman Islands0.10.10.10.226.0%
British Virgin Islands0.1N/A0.10.226.0%
QatarN/A0.10.10.10.0%
Spain0.1N/AN/A0.10.0%
Others3.01.93.12.5-5.9%
Total15.114.016.118.36.6%

Top Export Markets for Marble Building Stone from the United States in 2022:

  1. Canada (36.3K tons)
  2. Bahamas (32.5K tons)
  3. Mexico (24.2K tons)
  4. Antigua and Barbuda (7.2K tons)
  5. Turkey (5.3K tons)
  6. Spain (4.7K tons)
  7. Jamaica (3.0K tons)
  8. Italy (2.5K tons)
  9. Qatar (2.3K tons)
  10. Cayman Islands (2.2K tons)
  11. United Kingdom (2.2K tons)
  12. British Virgin Islands (2.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the marble building stone market in the U.S.. 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:

  • United States

Data coverage:

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

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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Free Data: Marble Building Stone - United States