Middle East: Market for Marble And Travertine Blocks And Slabs 2024

Market Size for Marble And Travertine Blocks And Slabs in the Middle East

In 2022, the Middle Eastern marble and travertine blocks market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption showed significant growth. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Marble And Travertine Blocks And Slabs in the Middle East

In value terms, marble and travertine blocks production fell remarkably to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Exports of Marble And Travertine Blocks And Slabs

Exports in the Middle East

Marble and travertine blocks exports fell dramatically to X tons in 2022, reducing by X% compared with the previous year's figure. In general, exports continue to indicate a mild descent. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, marble and travertine blocks exports fell sharply to $X in 2022. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Turkey represented the major exporter of marble and travertine blocks and slabs in the Middle East, with the volume of exports finishing at X tons, which was near X% of total exports in 2022. It was distantly followed by Iran (X tons), making up an X% share of total exports.

Exports from Turkey decreased at an average annual rate of X% from 2012 to 2022. Iran experienced a relatively flat trend pattern. The shares of the largest exporters remained relatively stable throughout the analyzed period.

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

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

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, reducing by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of X% against the previous year. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Iran ($X per ton), while Turkey stood at $X per ton.

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

Imports of Marble And Travertine Blocks And Slabs

Imports in the Middle East

In 2022, supplies from abroad of marble and travertine blocks and slabs was finally on the rise to reach X tons after three years of decline. Overall, imports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2018 with an increase of X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, marble and travertine blocks imports surged to $X in 2022. Over the period under review, imports, however, continue to indicate a noticeable curtailment. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the four major importers of marble and travertine blocks and slabs, namely Syrian Arab Republic, the United Arab Emirates, Jordan and Lebanon, represented more than two-thirds of total import. It was distantly followed by Turkey (X tons), generating a X% share of total imports. The following importers - Saudi Arabia (X tons) and Qatar (X tons) - each reached an X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest marble and travertine blocks importing markets in the Middle East were the United Arab Emirates ($X), Jordan ($X) and Lebanon ($X), together comprising X% of total imports. Turkey, Qatar, Syrian Arab Republic and Saudi Arabia lagged somewhat behind, together comprising a further X%.

Turkey, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries 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, growing by X% against the previous year. Import price indicated a notable expansion from 2012 to 2022: its price 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, marble and travertine blocks import price increased by X% against 2018 indices. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, import prices hit record highs in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while Syrian Arab Republic ($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 mixed trends in the import price figures.

Source: IndexBox Platform

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