Middle East: Market for Marble And Travertine 2024

Market Size for Marble And Travertine in the Middle East

In 2022, the Middle Eastern marble and travertine crude market increased by X% to $X, rising for the second year in a row after three years of decline. Overall, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Marble And Travertine in the Middle East

In value terms, marble and travertine crude production declined to $X in 2022 estimated in export price. In general, production showed a mild setback. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, production reached the peak level of $X. From 2018 to 2022, crude production growth failed to regain momentum.

Exports of Marble And Travertine

Exports in the Middle East

Marble and travertine crude exports expanded markedly to X tons in 2022, increasing by X% against the year before. Over the period under review, exports, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2020 when exports increased by X%. Over the period under review, the crude exports attained the maximum at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, marble and travertine crude exports dropped markedly to $X in 2022. In general, exports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the crude exports remained at a lower figure.

Exports by Country

In 2022, Iran (X tons) represented the largest exporter of marble and travertine, creating X% of total exports. It was distantly followed by Turkey (X tons), constituting a X% share of total exports.

Iran was also the fastest-growing in terms of the marble and travertine exports, with a CAGR of X% from 2012 to 2022. Turkey (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Iran increased by X percentage points.

In value terms, Iran ($X) remains the largest marble and travertine crude supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports.

In Iran, marble and travertine crude exports remained relatively stable over the period from 2012-2022.

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, waning by X% against the previous year. In general, the export price saw a abrupt setback. The pace of growth was the most pronounced in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while Iran totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%).

Imports of Marble And Travertine

Imports in the Middle East

For the third consecutive year, the Middle East recorded decline in overseas purchases of marble and travertine, which decreased by X% to X tons in 2022. Over the period under review, imports faced a deep setback. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of crude imports remained at a somewhat lower figure.

In value terms, marble and travertine crude imports fell remarkably to $X in 2022. Overall, imports faced a abrupt contraction. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Over the period under review, crude imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Saudi Arabia represented the main importing country with an import of about X tons, which resulted at X% of total imports. Turkey (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Iran (X%) and the United Arab Emirates (X%). Kuwait (X tons), Syrian Arab Republic (X tons) and Jordan (X tons) held a little share of total imports.

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

In value terms, the largest marble and travertine crude importing markets in the Middle East were Saudi Arabia ($X), Turkey ($X) and Iran ($X), together accounting for X% of total imports.

Among the main importing countries, Iran, 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 more modest paces of growth.

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton, and then fell in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Jordan ($X per ton), while Syrian Arab Republic ($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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