Jordan: Market for Granules, Chippings And Powder Of Monumental Stone 2024

Market Size for Granules, Chippings And Powder Of Monumental Stone in Jordan

The Jordanian market for granules, chippings and powder of monumental stone rose slightly to $X in 2023, surging by X% against the previous year. Over the period under review, the total consumption indicated strong growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. Over the period under review, the market hit record highs at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Production of Granules, Chippings And Powder Of Monumental Stone in Jordan

In value terms, monumental stone granules and powder production expanded modestly to $X in 2023 estimated in export price. In general, the total production indicated resilient growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2018 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Exports of Granules, Chippings And Powder Of Monumental Stone

Exports from Jordan

In 2023, the amount of granules, chippings and powder of monumental stone exported from Jordan contracted sharply to X tons, falling by X% against the previous year's figure. In general, exports continue to indicate a perceptible slump. The pace of growth was the most pronounced in 2014 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

In value terms, monumental stone granules and powder exports dropped significantly to $X in 2023. Over the period under review, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

Exports by Country

Israel (X tons) was the main destination for monumental stone granules and powder exports from Jordan, accounting for a X% share of total exports. Moreover, monumental stone granules and powder exports to Israel exceeded the volume sent to the second major destination, Palestine (X tons), more than tenfold. Saudi Arabia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Israel stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Palestine (X% per year) and Saudi Arabia (X% per year).

In value terms, Israel ($X) remains the key foreign market for granules, chippings and powder of monumental stone exports from Jordan, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total exports. It was followed by Palestine, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Israel totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Palestine (X% per year).

Export Prices by Country

The average export price for granules, chippings and powder of monumental stone stood at $X per ton in 2023, surging by X% against the previous year. Overall, the export price, however, continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Palestine ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Granules, Chippings And Powder Of Monumental Stone

Imports into Jordan

Monumental stone granules and powder imports into Jordan contracted modestly to X tons in 2023, shrinking by X% against the previous year. Overall, imports faced a sharp contraction. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, monumental stone granules and powder imports declined rapidly to $X in 2023. In general, imports continue to indicate a sharp downturn. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Egypt (X tons) constituted the largest monumental stone granules and powder supplier to Jordan, with a X% share of total imports. Moreover, monumental stone granules and powder imports from Egypt exceeded the figures recorded by the second-largest supplier, Turkey (X kg), more than tenfold. Japan (X kg) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Egypt stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Japan (X% per year).

In value terms, the largest monumental stone granules and powder suppliers to Jordan were Egypt ($X), Spain ($X) and Turkey ($X), together accounting for X% of total imports. Germany, Japan, France, India and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Japan, 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 granules, chippings and powder of monumental stone stood at $X per ton in 2023, shrinking by X% against the previous year. Overall, the import price recorded a deep setback. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2023, 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 Spain ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform