Price for Monumental or Building Stone, Other than Granite and Sandstone in Egypt - 2023
Contents:
- Price for Monumental or Building Stone, Other than Granite and Sandstone in Egypt (FOB) - 2022
- Price for Monumental or Building Stone, Other than Granite and Sandstone in Egypt (CIF) - 2022
- Exports of Monumental or Building Stone, Other than Granite and Sandstone in Egypt
- Imports of Monumental or Building Stone, Other than Granite and Sandstone in Egypt
Price for Monumental or Building Stone, Other than Granite and Sandstone in Egypt (FOB) - 2022
The average export price for monumental or building stone, other than granite and sandstone stood at $209 per ton in 2022, approximately reflecting the previous year. Overall, the export price, however, showed a slight curtailment. The most prominent rate of growth was recorded in 2020 when the average export price increased by 247%. The export price peaked at $760 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat 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 the United States ($357 per ton), while the average price for exports to Kuwait stood at $25 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (-0.2%), while the prices for the other major destinations experienced a decline.
Price for Monumental or Building Stone, Other than Granite and Sandstone in Egypt (CIF) - 2022
The average import price for monumental or building stone, other than granite and sandstone stood at $396 per ton in 2022, surging by 13% against the previous year. Over the period under review, the import price recorded a measured expansion. The growth pace was the most rapid in 2019 an increase of 901% against the previous year. As a result, import price attained the peak level of $2,491 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($256 per ton), while the price for Turkey amounted to $256 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+1,090.6%), 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 Egypt
In 2022, exports of monumental or building stone, other than granite and sandstone from Egypt soared to 231 tons, with an increase of 492% on the previous year. Over the period under review, exports, however, continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2021 with an increase of 7,355%.
In value terms, exports of monumental or building stone, other than granite and sandstone skyrocketed to $48K in 2022. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 7,398% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
Export of Monumental or Building Stone, Other than Granite and Sandstone in Egypt (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | N/A | N/A | N/A | 150 | 0% |
Kuwait | 454 | N/A | N/A | 13.3 | -69.2% |
Algeria | N/A | N/A | 327 | N/A | 0% |
Others | -438.3 | 0.1 | -319.2 | -115.4 | -35.9% |
Total | 15.8 | 0.1 | 8.1 | 48.3 | 45.1% |
Top Export Markets for Monumental or Building Stone, Other than Granite and Sandstone from Egypt in 2022:
- Kuwait (537.5 tons)
- United States (421.7 tons)
Imports of Monumental or Building Stone, Other than Granite and Sandstone in Egypt
After three years of growth, overseas purchases of monumental or building stone, other than granite and sandstone decreased by -10.1% to 118 tons in 2022. Over the period under review, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 352% against the previous year.
In value terms, imports of monumental or building stone, other than granite and sandstone totaled $47K in 2022. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 107% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.
Import of Monumental or Building Stone, Other than Granite and Sandstone in Egypt (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | N/A | N/A | N/A | 16.6 | 0% |
Turkey | 8.5 | 13.7 | N/A | 3.7 | -24.2% |
Spain | 2.6 | 8.5 | 14.8 | N/A | 138.6% |
Jordan | N/A | N/A | 3.0 | N/A | 0% |
Others | 35.2 | N/A | 28.3 | 26.6 | -8.9% |
Total | 46.3 | 22.3 | 46.1 | 46.9 | 0.4% |
Top Suppliers of Monumental or Building Stone, Other than Granite and Sandstone to Egypt in 2022:
- India (64.7 tons)
- Turkey (14.4 tons)
This report provides an in-depth analysis of the market for granite, sandstone and other building stone in Egypt.
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