United Kingdom: Marble And Travertine Market 2024

Marble And Travertine Market Size in the UK

The UK marble and travertine market shrank remarkably to $X in 2022, which is down by X% against the previous year. Overall, consumption, however, posted a mild increase. As a result, consumption reached the peak level of $X, and then fell sharply in the following year.

Marble And Travertine Production in the UK

In value terms, marble and travertine production reduced to $X in 2022 estimated in export price. Overall, production showed a deep contraction. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. Marble and travertine production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Marble And Travertine Exports

Exports from the UK

After three years of decline, overseas shipments of marble and travertine increased by X% to X tons in 2022. In general, exports enjoyed a strong expansion. The exports peaked at X tons in 2018; afterwards, it flattened through to 2022.

In value terms, marble and travertine exports soared to $X in 2022. Over the period under review, exports posted resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Ireland (X tons) was the main destination for marble and travertine exports from the UK, with a X% share of total exports. Moreover, marble and travertine exports to Ireland exceeded the volume sent to the second major destination, Spain (X tons), more than tenfold. The third position in this ranking was taken by Italy (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Ireland amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Italy (X% per year).

In value terms, Ireland ($X) remains the key foreign market for marble and travertine exports from the UK, comprising X% of total exports. The second position in the ranking was held by Spain ($X), with an X% share of total exports. It was followed by Denmark, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Ireland amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Denmark (X% per year).

Export Prices by Country

In 2021, the average marble and travertine export price amounted to $X per ton, surging by X% against the previous year. In general, the export price showed a slight increase. The growth pace was the most rapid in 2013 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Ireland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (X%), while the prices for the other major destinations experienced a decline.

Marble And Travertine Imports

Imports into the UK

In 2022, the amount of marble and travertine imported into the UK declined remarkably to X tons, shrinking by X% against the year before. Overall, imports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of X tons, and then shrank sharply in the following year.

In value terms, marble and travertine imports fell dramatically to $X in 2022. In general, imports, however, posted a measured expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then shrank notably in the following year.

Imports by Country

In 2021, India (X tons) constituted the largest marble and travertine supplier to the UK, with a X% share of total imports. Moreover, marble and travertine imports from India exceeded the figures recorded by the second-largest supplier, Egypt (X tons), more than tenfold. Italy (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from India stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (X% per year) and Italy (X% per year).

In value terms, India ($X) constituted the largest supplier of marble and travertine to the UK, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from India amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and China (X% per year).

Import Prices by Country

In 2021, the average marble and travertine import price amounted to $X per ton, with a decrease of X% against the previous year. Overall, the import price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2020 an increase of X%. As a result, import price reached the peak level of $X per ton, and then reduced sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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