Austria: Marble And Travertine Market Overview 2021

Marble And Travertine Market Size in Austria

The Austrian marble and travertine market expanded remarkably to $X in 2019, surging by X% against the previous year. Over the period under review, the total consumption indicated a resilient expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2019, consumption stood at a somewhat lower figure.

Marble And Travertine Production in Austria

In value terms, marble and travertine production dropped slightly to $X in 2019 estimated in export prices. Over the period under review, the total production indicated a perceptible expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2009 to 2019, production growth remained at a lower figure.

Marble And Travertine Exports

Exports from Austria

In 2019, overseas shipments of marble and travertine increased by X% to X tonnes, rising for the second consecutive year after three years of decline. Over the period under review, exports, however, saw a deep reduction. The pace of growth was the most pronounced in 2010 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at X tonnes in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

In value terms, marble and travertine exports rose slightly to $X in 2019. In general, exports, however, showed a deep downturn. The pace of growth appeared the most rapid in 2010 when exports increased by X% against the previous year. Over the period under review, exports reached the maximum at $X in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Germany (X tonnes) was the main destination for marble and travertine exports from Austria, with a X% share of total exports. Moreover, marble and travertine exports to Germany exceeded the volume sent to the second major destination, Switzerland (X tonnes), eightfold.

From 2007 to 2019, the average annual growth rate of volume to Germany amounted to -X%.

In value terms, Germany ($X) remains the key foreign market for marble and travertine exports from Austria, comprising X% of total exports. The second position in the ranking was occupied by Switzerland ($X), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of value to Germany stood at -X%.

Export Prices by Country

The average marble and travertine export price stood at $X per tonne in 2019, shrinking by -X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X% y-o-y. As a result, export price attained the peak level of $X per tonne, and then declined in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Switzerland ($X per tonne), while the average price for exports to Germany totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland.

Marble And Travertine Imports

Imports into Austria

In 2019, approx. X tonnes of marble and travertine were imported into Austria; with an increase of X% against 2018. Over the period under review, imports, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at X tonnes in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

In value terms, marble and travertine imports reached $X in 2019. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X% y-o-y. Imports peaked at $X in 2007; however, from 2008 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Germany (X tonnes) constituted the largest marble and travertine supplier to Austria, with a X% share of total imports. Moreover, marble and travertine imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tonnes), sixfold. The third position in this ranking was occupied by Bosnia and Herzegovina (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from Germany amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-X% per year) and Bosnia and Herzegovina (+X% per year).

In value terms, Italy ($X), Germany ($X) and India ($X) appeared to be the largest marble and travertine suppliers to Austria, together comprising X% of total imports. These countries were followed by Bosnia and Herzegovina, which accounted for a further X terms of the main suppliers, Bosnia and Herzegovina saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average marble and travertine import price stood at $X per tonne in 2019, approximately reflecting the previous year. In general, the import price, however, showed a prominent expansion. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per tonne in 2011; however, from 2012 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per tonne), while the price for Bosnia and Herzegovina ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for marble and travertine in the world?

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The countries with the highest volumes of marble and travertine consumption in 2019 were China (19M tonnes), Italy (14M tonnes) and the U.S. (7.3M tonnes), with a combined 40% share of global consumption. India, Russia, Pakistan, Indonesia, Spain, Mexico, Romania, Nigeria, Turkey and Iran lagged somewhat behind, together accounting for a further 29%.

What are the largest producers of marble and travertine in the world?

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The countries with the highest volumes of marble and travertine production in 2019 were Italy (15M tonnes), China (9.7M tonnes) and Turkey (8.6M tonnes), together comprising 33% of global production.

What are the leading suppliers of marble and travertine to Austria?

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In value terms, Italy ($1.1M), Germany ($704K) and India ($94K) appeared to be the largest marble and travertine suppliers to Austria, together comprising 92% of total imports. Bosnia and Herzegovina lagged somewhat behind, accounting for a further 2.6%.

What are the leading importers of marble and travertine from Austria?

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In value terms, Germany ($1.2M) remains the key foreign market for marble and travertine exports from Austria, comprising 84% of total exports. The second position in the ranking was occupied by Switzerland ($233K), with a 16% share of total exports.

What is the average export price for marble and travertine in Austria?

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In 2019, the average marble and travertine export price amounted to $46 per tonne, which is down by -8.9% against the previous year.

What is the average import price for marble and travertine in Austria?

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The average marble and travertine import price stood at $419 per tonne in 2019, therefore, remained relatively stable against the previous year.