Price for Monumental or Building Stone, Other than Granite and Sandstone in Japan - 2023

Contents:

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

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

The average export price for monumental or building stone, other than granite and sandstone stood at $424 per ton in 2022, dropping by -30.3% against the previous year. Overall, the export price recorded a pronounced setback. The most prominent rate of growth was recorded in 2015 when the average export price increased by 270% against the previous year. Over the period under review, the average export prices attained the peak figure at $608 per ton in 2021, and then contracted sharply in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($586 per ton), while the average price for exports to Taiwan (Chinese) ($238 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 Vietnam (+5.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for monumental or building stone, other than granite and sandstone stood at $391 per ton in 2022, surging by 3.3% against the previous year. Overall, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for monumental or building stone, other than granite and sandstone decreased by -29.2% against 2019 indices. The pace of growth was the most pronounced in 2019 an increase of 42% against the previous year. As a result, import price attained the peak level of $552 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bulgaria ($444 per ton), while the price for Turkey ($238 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.4%), 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 Japan

In 2022, approx. 1.4K tons of monumental or building stone, other than granite and sandstone were exported from Japan; which is down by -28.4% compared with 2021 figures. In general, exports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 27%. As a result, the exports attained the peak of 1.9K tons, and then fell notably in the following year.

In value terms, exports of monumental or building stone, other than granite and sandstone dropped markedly to $586K in 2022. Over the period under review, exports, however, saw resilient growth. The growth pace was the most rapid in 2021 with an increase of 160%. As a result, the exports attained the peak of $1.2M, and then fell rapidly in the following year.

Export of Monumental or Building Stone, Other than Granite and Sandstone in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China98.99.877329944.6%
Vietnam16037927827019.1%
Taiwan (Chinese)12.65.7N/A8.8-11.3%
United States2.138.7N/AN/A1742.9%
Others21419.31248.4-66.0%
Total4884521,1755866.3%

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

  1. Vietnam (827.7 tons)
  2. China (509.9 tons)
  3. Taiwan (Chinese) (37.2 tons)

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

In 2022, imports of monumental or building stone, other than granite and sandstone into Japan declined to 1.1K tons, reducing by -4.6% compared with 2021 figures. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. As a result, imports reached the peak of 1.1K tons, and then contracted slightly in the following year.

In value terms, imports of monumental or building stone, other than granite and sandstone contracted to $421K in 2022. In general, imports faced a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year.

Import of Monumental or Building Stone, Other than Granite and Sandstone in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India229106275214-2.2%
China22393.7389149-12.6%
Brazil0.10.1N/A90.0865.5%
Greece61.518.561.377.17.8%
Italy52.922.519.459.54.0%
Turkey16.610.313.939.433.4%
Canada20.86.164.317.9-4.9%
Bulgaria48.414.824.315.4-31.7%
Others-64.677.4-418.7-240.755.0%
Total588350428421-10.5%

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

  1. India (682.5 tons)
  2. China (449.6 tons)
  3. Brazil (319.3 tons)
  4. Greece (252.7 tons)
  5. Italy (240.9 tons)
  6. Turkey (165.3 tons)
  7. Canada (49.2 tons)
  8. Bulgaria (34.6 tons)

Source: IndexBox Market Intelligence Platform

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