Report Update: May 1, 2024

Turkey - Marble And Travertine Blocks And Slabs - Market Analysis, Forecast, Size, Trends And Insights

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Price for Marble and Travertine Blocks in Turkey - 2023

Price for Marble and Travertine Blocks in Turkey (FOB) - 2022

In 2022, the average marble and travertine blocks export price amounted to $182 per ton, dropping by -2.4% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 13% against the previous year. Over the period under review, the average export prices hit record highs at $200 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($207 per ton), while the average price for exports to Jordan ($52 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 Jordan (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Marble and Travertine Blocks in Turkey (CIF) - 2023

The average marble and travertine blocks import price stood at $221 per ton in July 2023, surging by 11% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average import price increased by 33% against the previous month. As a result, import price attained the peak level of $369 per ton. From April 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 China ($857 per ton), while the price for Iran ($123 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 Cyprus (+58.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Marble and Travertine Blocks in Turkey

In 2022, approx. 3.4M tons of marble and travertine blocks and slabs were exported from Turkey; declining by -16.7% against the year before. Over the period under review, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 27% against the previous year.

In value terms, marble and travertine blocks exports contracted markedly to $612M in 2022. Overall, exports recorded a abrupt setback. The pace of growth appeared the most rapid in 2021 when exports increased by 23%.

Export of Marble and Travertine Blocks in Turkey (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	662	502	590	399	-15.5%
India	82.2	58.9	92.0	132	17.1%
Egypt	7.8	8.4	16.8	15.2	24.9%
Jordan	1.7	1.4	2.0	3.4	26.0%
Others	55.8	41.2	52.7	62.7	4.0%
Total	809	612	753	612	-8.9%

Top Export Markets for Marble and Travertine Blocks from Turkey in 2022:

China (1931.6K tons)
India (827.0K tons)
Egypt (213.7K tons)
Jordan (66.1K tons)

Imports of Marble and Travertine Blocks in Turkey

In 2022, the amount of marble and travertine blocks and slabs imported into Turkey skyrocketed to 17K tons, growing by 39% compared with the year before. The total import volume increased at an average annual rate of +11.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, marble and travertine blocks imports soared to $4.2M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.4% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Marble and Travertine Blocks in Turkey (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
North Macedonia	1,003	883	1,129	1,341	10.2%
Greece	117	526	602	1,124	112.6%
Iran	467	267	326	526	4.0%
Italy	697	977	507	362	-19.6%
Tunisia	77.0	153	194	331	62.6%
Belarus	N/A	N/A	N/A	279	0%
Montenegro	N/A	N/A	N/A	108	0%
Others	296	292	287	137	-22.6%
Total	2,656	3,097	3,045	4,208	16.6%

Top Suppliers of Marble and Travertine Blocks to Turkey in 2022:

North Macedonia (5.2K tons)
Greece (4.5K tons)
Iran (3.7K tons)
Tunisia (1.2K tons)
Belarus (0.7K tons)
Italy (0.7K tons)
Montenegro (0.4K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for marble and travertine blocks in Turkey. 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 08111136 - Marble and travertine merely cut into rectangular or square blocks or slabs

Country coverage:

Turkey

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Turkey
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