
Asia-Pacific - Granules, Chippings and Powder of Monumental Stone - Market Analysis, Forecast, Size, Trends and Insights
Asia-Pacific: Market for Granules, Chippings And Powder Of Monumental Stone 2022
Market Size for Granules, Chippings And Powder Of Monumental Stone in Asia-Pacific
The Asia-Pacific market for granules, chippings and powder of monumental stone skyrocketed to $X in 2021, picking up by X% against the previous year. In general, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2013; afterwards, it flattened through to 2021.
Production of Granules, Chippings And Powder Of Monumental Stone in Asia-Pacific
In value terms, monumental stone granules and powder production reduced slightly to $X in 2021 estimated in export price. In general, production, however, recorded a perceptible slump. The growth pace was the most rapid in 2018 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.
Production By Country in Asia-Pacific
The country with the largest volume of monumental stone granules and powder production was China (X tons), accounting for X% of total volume. Moreover, monumental stone granules and powder production in China exceeded the figures recorded by the second-largest producer, India (X tons), fourfold. Indonesia (X tons) ranked third in terms of total production with a X% share.
In China, monumental stone granules and powder production remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: India (+X% per year) and Indonesia (-X% per year).
Exports of Granules, Chippings And Powder Of Monumental Stone
Exports in Asia-Pacific
In 2021, shipments abroad of granules, chippings and powder of monumental stone decreased by -X% to X tons, falling for the second consecutive year after three years of growth. In general, exports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.
In value terms, monumental stone granules and powder exports contracted to $X in 2021. Total exports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -X% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.
Exports by Country
China prevails in exports structure, finishing at X tons, which was near X% of total exports in 2021. Hong Kong SAR (X tons), Thailand (X tons) and Vietnam (X tons) followed a long way behind the leaders.
From 2012 to 2021, average annual rates of growth with regard to monumental stone granules and powder exports from China stood at +X%. At the same time, Thailand (+X%), Hong Kong SAR (+X%) and Vietnam (+X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +X% from 2012-2021. From 2012 to 2021, the share of China, Thailand, Hong Kong SAR and Vietnam increased by +X, +X, +X and +X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($X) remains the largest monumental stone granules and powder supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by Vietnam ($X), with an X% share of total exports. It was followed by Hong Kong SAR, with a X% share.
In China, monumental stone granules and powder exports expanded at an average annual rate of +X% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (-X% per year) and Hong Kong SAR (+X% per year).
Export Prices by Country
In 2021, the mental stone in Asia-Pacific amounted to $X per ton, growing by X% against the previous year. In general, the export price, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2013 an increase of X%. The level of export peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($X per ton), while Thailand ($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 other leaders experienced a decline in the export price figures.
Imports of Granules, Chippings And Powder Of Monumental Stone
Imports in Asia-Pacific
In 2021, supplies from abroad of granules, chippings and powder of monumental stone increased by X% to X tons for the first time since 2016, thus ending a four-year declining trend. In general, imports continue to indicate a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, monumental stone granules and powder imports surged to $X in 2021. Total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2018 indices. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The level of import peaked in 2021 and is likely to continue growth in the near future.
Imports by Country
Hong Kong SAR was the largest importer of granules, chippings and powder of monumental stone in Asia-Pacific, with the volume of imports finishing at X tons, which was near X% of total imports in 2021. It was distantly followed by Taiwan (Chinese) (X tons), comprising a X% share of total imports. The following importers - Bangladesh (X tons), China (X tons) and Macao SAR (X tons) - each accounted for a X% share of total imports.
Hong Kong SAR was also the fastest-growing in terms of the granules, chippings and powder of monumental stone imports, with a CAGR of +X% from 2012 to 2021. At the same time, Bangladesh (+X%) and China (+X%) displayed positive paces of growth. By contrast, Taiwan (Chinese) (-X%) and Macao SAR (-X%) illustrated a downward trend over the same period. Hong Kong SAR (+X p.p.), Bangladesh (+X p.p.) and China (+X p.p.) significantly strengthened its position in terms of the total imports, while Macao SAR and Taiwan (Chinese) saw its share reduced by -X% and -X% from 2012 to 2021, respectively.
In value terms, Hong Kong SAR ($X) constitutes the largest market for imported granules, chippings and powder of monumental stone in Asia-Pacific, comprising X% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a X% share of total imports. It was followed by Bangladesh, with an X% share.
From 2012 to 2021, the average annual growth rate of value in Hong Kong SAR amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-X% per year) and Bangladesh (+X% per year).
Import Prices by Country
The mental stone in Asia-Pacific stood at $X per ton in 2021, reducing by -X% against the previous year. Over the period under review, the import price continues to indicate a pronounced shrinkage. The growth pace was the most rapid in 2018 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per ton in 2020, and then declined rapidly in the following year.
Prices varied noticeably by the country of destination: the country with the highest price was Bangladesh ($X per ton), while Hong Kong SAR ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Macao SAR (+X%), while the other leaders experienced mixed trends in the import price figures.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for monumental stone granules and powder in Asia-Pacific. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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