Price for Monumental or Building Stone, Other than Granite and Sandstone in Colombia - 2022

Contents:

  1. Price for Monumental or Building Stone, Other than Granite and Sandstone in Colombia (FOB) - 2022
  2. Price for Monumental or Building Stone, Other than Granite and Sandstone in Colombia (CIF) - 2022
  3. Exports of Monumental or Building Stone, Other than Granite and Sandstone in Colombia
  4. Imports of Monumental or Building Stone, Other than Granite and Sandstone in Colombia

Price for Monumental or Building Stone, Other than Granite and Sandstone in Colombia (FOB) - 2022

The average export price for monumental or building stone, other than granite and sandstone stood at $713 per ton in 2022, surging by 4.4% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 53% against the previous year. Over the period under review, the average export prices attained the maximum at $1,091 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Ecuador.

From 2012 to 2022, the rate of growth in terms of prices for Costa Rica amounted to +3.8% per year.

Price for Monumental or Building Stone, Other than Granite and Sandstone in Colombia (CIF) - 2022

In 2022, the average import price for monumental or building stone, other than granite and sandstone amounted to $948 per ton, picking up by 52% against the previous year. Overall, the import price enjoyed a prominent increase. The pace of growth was the most pronounced in 2021 an increase of 108%. The import price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($4,422 per ton), while the price for Venezuela ($117 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+22.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Monumental or Building Stone, Other than Granite and Sandstone in Colombia

In 2022, exports of monumental or building stone, other than granite and sandstone from Colombia fell notably to 138 tons, declining by -34.4% against 2021 figures. In general, exports faced a significant decline. The pace of growth was the most pronounced in 2021 with an increase of 340% against the previous year.

In value terms, exports of monumental or building stone, other than granite and sandstone reduced dramatically to $98K in 2022. Over the period under review, exports saw a precipitous descent. The pace of growth was the most pronounced in 2021 with an increase of 368%.

Export of Monumental or Building Stone, Other than Granite and Sandstone in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador27.230.528.829.83.1%
Others170N/A11468.3-26.2%
Total19730.614398.0-20.8%

Top Export Markets for Monumental or Building Stone, Other than Granite and Sandstone from Colombia in 2022:

  1. Ecuador (45.1 tons)

Imports of Monumental or Building Stone, Other than Granite and Sandstone in Colombia

For the third consecutive year, Colombia recorded decline in overseas purchases of monumental or building stone, other than granite and sandstone, which decreased by -6.8% to 81 tons in 2022. Overall, imports showed a sharp descent.

In value terms, imports of monumental or building stone, other than granite and sandstone soared to $77K in 2022. In general, imports showed a dramatic downturn.

Import of Monumental or Building Stone, Other than Granite and Sandstone in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.625.628.132.5108.2%
Venezuela4.712.921.925.375.3%
China16.02.64.111.3-10.9%
Spain51.5N/A25.1N/A-30.2%
Dominican Republic11.4N/AN/AN/A0%
Mexico64.7N/A17.5N/A-48.0%
Others0.30.3-42.38.2201.2%
Total15241.354.677.3-20.2%

Top Suppliers of Monumental or Building Stone, Other than Granite and Sandstone to Colombia in 2022:

  1. Venezuela (215.6 tons)
  2. China (9.0 tons)
  3. United States (7.3 tons)

Source: IndexBox Market Intelligence Platform

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