Price for Monumental or Building Stone, Other than Granite and Sandstone in South Africa - 2024

Contents:

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

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

The average export price for monumental or building stone, other than granite and sandstone stood at $295 per ton in 2022, rising by 54% against the previous year. Overall, the export price, however, recorded a abrupt decrease. The export price peaked at $766 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Swaziland ($1,822 per ton), while the average price for exports to Mozambique ($210 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 Swaziland (+9.5%), while the prices for the other major destinations experienced a decline.

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

The average import price for monumental or building stone, other than granite and sandstone stood at $105 per ton in 2022, which is down by -61.4% against the previous year. Overall, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 when the average import price increased by 85%. The import price peaked at $279 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 India ($240 per ton), while the price for Lesotho ($67 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.6%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the amount of monumental or building stone, other than granite and sandstone exported from South Africa declined markedly to 2.9K tons, with a decrease of -24.4% against the previous year. Overall, exports showed a slight curtailment. The growth pace was the most rapid in 2021 with an increase of 71%. As a result, the exports attained the peak of 3.8K tons, and then plummeted in the following year.

In value terms, exports of monumental or building stone, other than granite and sandstone surged to $857K in 2022. Over the period under review, exports continue to indicate a noticeable downturn.

Export of Monumental or Building Stone, Other than Granite and Sandstone in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Namibia17022425340233.2%
Botswana19872.7161105-19.1%
Lesotho84.485.810986.00.6%
Zambia36.016660.269.124.3%
Mozambique18532924459.0-31.7%
Swaziland26.110.121.842.517.6%
Zimbabwe206N/A1.022.2-52.4%
Others30.442.3-113.971.733.1%
Total936930736857-2.9%

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

  1. Namibia (1906.4 tons)
  2. Botswana (344.3 tons)
  3. Mozambique (280.7 tons)
  4. Zambia (135.2 tons)
  5. Lesotho (96.3 tons)
  6. Zimbabwe (32.5 tons)
  7. Swaziland (23.3 tons)

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

In 2022, approx. 598 tons of monumental or building stone, other than granite and sandstone were imported into South Africa; growing by 19% against the previous year's figure. Over the period under review, imports, however, continue to indicate a sharp downturn. The most prominent rate of growth was recorded in 2021 with an increase of 21%.

In value terms, imports of monumental or building stone, other than granite and sandstone declined remarkably to $63K in 2022. In general, imports, however, continue to indicate a sharp setback. The growth pace was the most rapid in 2021 with an increase of 46%.

Import of Monumental or Building Stone, Other than Granite and Sandstone in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lesotho2.60.910.829.1123.7%
India23.513.230.525.42.6%
Namibia12817.839.66.9-62.2%
China2.260.737.20.5-39.0%
Others2771.218.31.0-84.7%
Total43493.713662.9-47.5%

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

  1. Lesotho (436.2 tons)
  2. India (105.9 tons)
  3. Namibia (51.0 tons)
  4. China (0.9 tons)

Source: IndexBox Market Intelligence Platform

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