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

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

The Iranian market for granite, sandstone and other building stone rose slightly to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption, however, enjoyed a strong increase. Over the period under review, the market hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Production of Granite, Sandstone And Other Building Stone in Iran

In value terms, production of granite, sandstone and other building stone rose sharply to $X in 2022 estimated in export price. Overall, production, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, production of attained the peak level at $X in 2020; afterwards, it flattened through to 2022.

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Exports of Granite, Sandstone And Other Building Stone

Exports from Iran

In 2022, the amount of granite, sandstone and other building stone exported from Iran reached X tons, stabilizing at 2021. Over the period under review, exports, however, showed a abrupt setback. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of granite, sandstone and other building stone rose significantly to $X in 2022. In general, exports continue to indicate a tangible expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for exports of granite, sandstone and other building stone from Iran, accounting for 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), more than tenfold. Turkey (X tons) ranked third in terms of total exports with a X% share.

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

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

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

Export Prices by Country

In 2021, the average export price for granite, sandstone and other building stone amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the export price, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2018 when the average export price increased by X%. The export price peaked at $X per ton in 2020, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Turkey ($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 Malaysia (X%), while the prices for the other major destinations experienced a decline.

Imports of Granite, Sandstone And Other Building Stone

Imports into Iran

In 2022, the amount of granite, sandstone and other building stone imported into Iran contracted notably to X tons, with a decrease of X% against 2021 figures. Over the period under review, imports showed a abrupt contraction. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of granite, sandstone and other building stone dropped to $X in 2022. Overall, imports showed a abrupt descent. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

India (X tons), Italy (X tons) and Armenia (X tons) were the main suppliers of imports of granite, sandstone and other building stone to Iran.

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

In value terms, Italy ($X), India ($X) and China ($X) constituted the largest granite, sandstone and other building stone suppliers to Iran.

Italy, with a CAGR of X%, recorded the highest growth rate of 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

The average import price for granite, sandstone and other building stone stood at $X per ton in 2021, with a decrease of X% against the previous year. In general, the import price, however, recorded resilient growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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