MENA: Marble And Travertine Market 2024

Marble And Travertine Market Size in MENA

The MENA's marble and travertine market fell markedly to $X in 2022, which is down by X% against the previous year. The total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level of $X, and then reduced dramatically in the following year.

Marble And Travertine Production in MENA

In value terms, marble and travertine production fell sharply to $X in 2022 estimated in export price. Overall, production, however, saw moderate growth. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Marble And Travertine Exports

Exports in MENA

Marble and travertine exports dropped to X tons in 2022, waning by X% compared with 2021. In general, exports recorded a pronounced shrinkage. The growth pace was the most rapid in 2017 with an increase of X%. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, marble and travertine exports shrank sharply to $X in 2022. Overall, exports saw a pronounced descent. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Turkey was the major exporting country with an export of around X tons, which amounted to X% of total exports. Iran (X tons) held an X% share (based on physical terms) of total exports, which put it in second place, followed by the United Arab Emirates (X%). The following exporters - Oman (X tons) and Tunisia (X tons) - each finished at a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to marble and travertine exports from Turkey stood at X%. At the same time, the United Arab Emirates (X%) and Oman (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. By contrast, Tunisia (X%) and Iran (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total exports, while Turkey saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest marble and travertine supplier in MENA, comprising X% of total exports. The second position in the ranking was held by Iran ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

In Turkey, marble and travertine exports declined by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Iran (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, declining by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (X%), while the other leaders experienced more modest paces of growth.

Marble And Travertine Imports

Imports in MENA

In 2022, the amount of marble and travertine imported in MENA contracted to X tons, approximately reflecting the year before. In general, imports recorded a pronounced descent. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, marble and travertine imports rose rapidly to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Algeria (X tons) and Egypt (X tons) represented roughly X% of total imports in 2022. It was distantly followed by Tunisia (X tons), Saudi Arabia (X tons), Turkey (X tons) and Lebanon (X tons), together achieving a X% share of total imports. Jordan (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Turkey (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X) constitutes the largest market for imported marble and travertine in MENA, comprising X% of total imports. The second position in the ranking was taken by Algeria ($X), with a X% share of total imports. It was followed by Jordan, with a X% share.

In Egypt, marble and travertine imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Algeria (X% per year) and Jordan (X% per year).

Import Prices by Country

In 2022, the import price in MENA amounted to $X per ton, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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