Vietnam - Marble Building Stone - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingMarble Building Stone Price in Vietnam - 2021
Contents:
- Marble Building Stone Price in Vietnam (CIF) - 2021
- Marble Building Stone Price in Vietnam (FOB) - 2021
- Marble Building Stone Imports in Vietnam
- Marble Building Stone Exports in Vietnam
Marble Building Stone Price in Vietnam (CIF) - 2021
The average marble building stone import price stood at $1,037 per ton in December 2021, approximately mirroring the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.0%. The most prominent rate of growth was recorded in January 2021 when the average import price increased by 13% month-to-month. The import price peaked at $1,087 per ton in October 2021; however, from November 2021 to December 2021, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From December 2020 to December 2021, the rate of growth in terms of prices for China amounted to +1.0% per month.
Marble Building Stone Price in Vietnam (FOB) - 2021
The average marble building stone export price stood at $902 per ton in December 2021, with an increase of 2.2% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2021 an increase of 7.4% month-to-month. Over the period under review, the average export prices hit record highs at $992 per ton in February 2021; however, from March 2021 to December 2021, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In December 2021, the highest price was recorded for prices to Japan ($1,230 per ton) and Myanmar ($1,230 per ton), while the average price for exports to Italy ($821 per ton) and Pakistan ($821 per ton) were amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.
Marble Building Stone Imports in Vietnam
In 2022, purchases abroad of marble building stone was finally on the rise to reach 55K tons after two years of decline. In general, imports, however, showed a abrupt downturn.
In value terms, marble building stone imports reached $58M in 2022. Over the period under review, imports, however, showed a slight decline.
| Import of Marble Building Stone in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 55.2 | 55.6 | 50.4 | 52.8 | -1.5% |
| Italy | 1.3 | 2.1 | 0.5 | 1.3 | 0.0% |
| India | 0.8 | 1.1 | 1.0 | 1.0 | 7.7% |
| Others | 3.3 | 3.5 | 1.5 | 2.8 | -5.3% |
| Total | 60.5 | 62.4 | 53.4 | 57.9 | -1.5% |
Top Suppliers of Marble Building Stone to Vietnam in 2022:
- China (49.5K tons)
- Italy (1.2K tons)
- India (0.9K tons)
Marble Building Stone Exports in Vietnam
After three years of growth, shipments abroad of marble building stone decreased by -8.8% to 85K tons in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +12.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.1% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 27%.
In value terms, marble building stone exports dropped to $50M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.5% 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 +38.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 35%. As a result, the exports reached the peak of $58M, and then dropped in the following year.
| Export of Marble Building Stone in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 9.3 | 6.4 | 10.5 | 9.0 | -1.1% |
| United States | 4.1 | 7.1 | 7.3 | 6.4 | 16.0% |
| Lao People's Democratic Republic | N/A | 5.3 | 6.0 | 5.6 | 2.8% |
| Saudi Arabia | 3.4 | 3.6 | 5.2 | 4.4 | 9.0% |
| United Arab Emirates | 2.3 | 2.6 | 4.1 | 3.6 | 16.1% |
| Italy | 3.0 | 2.2 | 3.2 | 2.8 | -2.3% |
| South Korea | 0.6 | 2.1 | 2.9 | 2.7 | 65.1% |
| Japan | 0.1 | 0.5 | 2.4 | 2.2 | 180.2% |
| Taiwan (Chinese) | 1.4 | 2.4 | 1.8 | 1.6 | 4.6% |
| Indonesia | 1.1 | 0.8 | 1.5 | 1.3 | 5.7% |
| Malaysia | 0.4 | 0.3 | 1.2 | 1.1 | 40.1% |
| Oman | 0.6 | 0.8 | 0.8 | 0.6 | 0.0% |
| Others | 9.9 | 8.6 | 10.9 | 8.8 | -3.9% |
| Total | 36.2 | 42.7 | 57.7 | 50.2 | 11.5% |
Top Export Markets for Marble Building Stone from Vietnam in 2022:
- India (15.1K tons)
- United States (10.8K tons)
- United Arab Emirates (7.9K tons)
- Saudi Arabia (7.8K tons)
- Lao People's Democratic Republic (7.3K tons)
- Italy (5.1K tons)
- South Korea (3.7K tons)
- Japan (3.0K tons)
- Oman (2.6K tons)
- Taiwan (Chinese) (2.5K tons)
- Indonesia (2.1K tons)
- Malaysia (2.0K tons)
This report provides an in-depth analysis of the marble building stone market in Vietnam. 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:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- 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
- 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
-
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
-
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
-
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
-
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
-
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
-
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
539
This report provides an in-depth analysis of the marble building stone market in Vietnam.
797
This report provides an in-depth analysis of the granite building stone market in Vietnam.
1013
This report provides an in-depth analysis of the global marble building stone market.
819
This report provides an in-depth analysis of the global granite building stone market.
539
This report provides an in-depth analysis of the marble building stone market in Vietnam.
797
This report provides an in-depth analysis of the granite building stone market in Vietnam.
1013
This report provides an in-depth analysis of the global marble building stone market.
819
This report provides an in-depth analysis of the global granite building stone market.
244
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.
281
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.
813
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%.
244
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.
281
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.
813
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%.
