MENA: Market for Granules, Chippings And Powder Of Marble 2024

Market Size for Granules, Chippings And Powder Of Marble in MENA

The MENA's marble granules and powder market shrank slightly to $X in 2023, approximately equating the previous year. In general, consumption, however, recorded a buoyant expansion. Over the period under review, the market reached the peak level at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Production of Granules, Chippings And Powder Of Marble in MENA

In value terms, marble granules and powder production expanded significantly to $X in 2023 estimated in export price. Overall, production recorded resilient growth. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2023, production remained at a lower figure.

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Exports of Granules, Chippings And Powder Of Marble

Exports in MENA

In 2023, the amount of granules, chippings and powder of marble exported in MENA rose to X tons, increasing by X% compared with 2022. Overall, exports, however, continue to indicate a drastic downturn. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2023, the growth of the exports remained at a lower figure.

In value terms, marble granules and powder exports rose remarkably to $X in 2023. Over the period under review, exports, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Turkey dominates exports structure, accounting for X tons, which was approx. X% of total exports in 2023. Oman (X tons) took a little share of total exports.

Turkey was also the fastest-growing in terms of the granules, chippings and powder of marble exports, with a CAGR of X% from 2012 to 2023. Oman (X%) illustrated a downward trend over the same period. Turkey (X p.p.) significantly strengthened its position in terms of the total exports, while Oman saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Turkey ($X) remains the largest marble granules and powder supplier in MENA, comprising X% of total exports. The second position in the ranking was held by Oman ($X), with a X% share of total exports.

In Turkey, marble granules and powder exports contracted by an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in MENA amounted to $X per ton, increasing by X% against the previous year. In general, the export price, however, continues to indicate a slight decline. The most prominent rate of growth was recorded in 2017 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2023, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Oman ($X per ton), while Turkey amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Oman (X%).

Imports of Granules, Chippings And Powder Of Marble

Imports in MENA

In 2023, after two years of growth, there was significant decline in purchases abroad of granules, chippings and powder of marble, when their volume decreased by X% to X tons. Overall, imports showed a abrupt setback. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, marble granules and powder imports declined remarkably to $X in 2023. Over the period under review, imports continue to indicate a noticeable slump. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, Tunisia (X tons) represented the main importer of granules, chippings and powder of marble, mixing up X% of total imports. Israel (X tons) held the second position in the ranking, distantly followed by Algeria (X tons), Iraq (X tons) and Morocco (X tons). All these countries together held near X% share of total imports. The following importers - the United Arab Emirates (X tons) and Qatar (X tons) - each recorded an X% share of total imports.

From 2012 to 2023, average annual rates of growth with regard to marble granules and powder imports into Tunisia stood at X%. At the same time, Morocco (X%), Israel (X%) and Iraq (X%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2023. Qatar experienced a relatively flat trend pattern. By contrast, Algeria (X%) and the United Arab Emirates (X%) illustrated a downward trend over the same period. While the share of Tunisia (X p.p.), Israel (X p.p.), Morocco (X p.p.), Iraq (X p.p.) and Qatar (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Algeria (X p.p.) and the United Arab Emirates (X p.p.) displayed negative dynamics.

In value terms, the largest marble granules and powder importing markets in MENA were Israel ($X), Tunisia ($X) and Morocco ($X), together accounting for X% of total imports.

Among the main importing countries, Morocco, with a CAGR of X%, recorded 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 import price in MENA stood at $X per ton in 2023, with a decrease of X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2023, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Israel ($X per ton), while Qatar ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform