Brazil: Market for Granite, Sandstone And Other Building Stone 2024

Market Size for Granite, Sandstone And Other Building Stone in Brazil

The Brazilian market for granite, sandstone and other building stone rose rapidly to $X in 2022, surging by X% against the previous year. Overall, consumption, however, saw a perceptible increase. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Production of Granite, Sandstone And Other Building Stone in Brazil

In value terms, production of granite, sandstone and other building stone declined to $X in 2022 estimated in export price. Over the period under review, production saw a significant expansion. The growth pace was the most rapid in 2016 with an increase of X%. Production of peaked at $X in 2021, and then dropped in the following year.

Exports of Granite, Sandstone And Other Building Stone

Exports from Brazil

In 2022, overseas shipments of granite, sandstone and other building stone increased by X% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of granite, sandstone and other building stone soared to $X in 2022. Overall, exports enjoyed a significant increase. The growth pace was the most rapid in 2020 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

China (X tons) was the main destination for exports of granite, sandstone and other building stone from Brazil, with a X% share of total exports. Moreover, exports of granite, sandstone and other building stone to China exceeded the volume sent to the second major destination, Italy (X tons), eightfold. Taiwan (Chinese) (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to China was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, China ($X) remains the key foreign market for granite, sandstone and other building stone exports from Brazil, comprising X% of total exports. The second position in the ranking was held by Italy ($X), with a X% share of total exports. It was followed by Taiwan (Chinese), with an X% share.

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

Export Prices by Country

The average export price for granite, sandstone and other building stone stood at $X per ton in 2021, falling by X% against the previous year. In general, the export price saw a perceptible slump. The most prominent rate of growth was recorded in 2016 an increase of X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Hong Kong SAR ($X per ton) was amongst the lowest.

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

Imports of Granite, Sandstone And Other Building Stone

Imports into Brazil

In 2022, purchases abroad of granite, sandstone and other building stone increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, imports saw a noticeable increase. The growth pace was the most rapid in 2017 when imports increased by X%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of granite, sandstone and other building stone soared to $X in 2022. Overall, imports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2017 when imports increased by X%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

Spain (X tons), Italy (X tons) and Indonesia (X tons) were the main suppliers of imports of granite, sandstone and other building stone to Brazil.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, the largest granite, sandstone and other building stone suppliers to Brazil were Spain ($X), Italy ($X) and Indonesia ($X).

In terms of the main suppliers, Spain, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average import price for granite, sandstone and other building stone stood at $X per ton in 2021, remaining constant against the previous year. Over the last nine-year period, it increased at an average annual rate of X%. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Bolivia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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