Egypt: Market for Marble And Travertine Blocks And Slabs 2024

Market Size for Marble And Travertine Blocks And Slabs in Egypt

The Egyptian marble and travertine blocks market expanded modestly to $X in 2022, rising by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Marble And Travertine Blocks And Slabs in Egypt

In value terms, marble and travertine blocks production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Exports of Marble And Travertine Blocks And Slabs

Exports from Egypt

In 2022, overseas shipments of marble and travertine blocks and slabs increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, exports, however, recorded a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, marble and travertine blocks exports reduced to $X in 2022. Overall, exports, however, continue to indicate a significant contraction. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X tons), Algeria (X tons) and Morocco (X tons) were the main destinations of marble and travertine blocks exports from Egypt, with a combined X% share of total exports. France, Italy, Greece, Belgium, Germany, the United States, Lebanon, China and Qatar lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Greece (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, the largest markets for marble and travertine blocks exported from Egypt were the UK ($X), Algeria ($X) and Morocco ($X), with a combined X% share of total exports. France, Italy, Greece, Belgium, Germany, the United States, Lebanon, China and Qatar lagged somewhat behind, together comprising a further X%.

Greece, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average marble and travertine blocks export price amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the export price continues to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2021, and then dropped notably in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Lebanon ($X per ton) and the United States ($X per ton), while the average price for exports to France ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Libya (X%), while the prices for the other major destinations experienced a decline.

Imports of Marble And Travertine Blocks And Slabs

Imports into Egypt

In 2022, after three years of decline, there was significant growth in supplies from abroad of marble and travertine blocks and slabs, when their volume increased by X% to X tons. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, marble and travertine blocks imports soared to $X in 2022. In general, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey (X tons), Italy (X tons) and China (X tons) were the main suppliers of marble and travertine blocks imports to Egypt, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest marble and travertine blocks suppliers to Egypt were Turkey ($X), Italy ($X) and China ($X), with a combined X% share of total imports.

China, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average marble and travertine blocks import price amounted to $X per ton, reducing by X% against the previous year. Overall, the import price recorded a mild setback. The growth pace was the most rapid in 2020 an increase of X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($X per ton) and China ($X per ton), while the price for Italy ($X per ton) and Turkey ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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