Northern America: Market for Granules, Chippings And Powder Of Marble 2023

Market Size for Granules, Chippings And Powder Of Marble in Northern America

The North American marble granules and powder market stood at $X in 2021, stabilizing at the previous year. The total consumption indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -0.6% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Granules, Chippings And Powder Of Marble in Northern America

In value terms, marble granules and powder production totaled $X in 2021 estimated in export price. The total production indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -1.1% against 2019 indices. The pace of growth was the most pronounced in 2015 when the production volume increased by 51% against the previous year. Over the period under review, production reached the peak level at $X in 2019; afterwards, it flattened through to 2021.

Exports of Granules, Chippings And Powder Of Marble

Exports in Northern America

Marble granules and powder exports expanded markedly to X tons in 2021, with an increase of 6.5% compared with the previous year's figure. Total exports indicated a temperate increase from 2012 to 2021: its volume increased at an average annual rate of +3.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -3.4% against 2019 indices. The pace of growth was the most pronounced in 2018 when exports increased by 43%. Over the period under review, the exports attained the peak figure at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, marble granules and powder exports soared to $X in 2021. In general, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Canada represented the major exporting country with an export of about X tons, which reached 72% of total exports. It was distantly followed by the United States (X tons), achieving a 28% share of total exports.

Canada was also the fastest-growing in terms of the granules, chippings and powder of marble exports, with a CAGR of +3.9% from 2012 to 2021. At the same time, the United States (+2.5%) displayed positive paces of growth. While the share of Canada (+2.6 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of the United States (-2.6 p.p.) displayed negative dynamics.

In value terms, the largest marble granules and powder supplying countries in Northern America were Canada ($X) and the United States ($X).

The United States, with a CAGR of +4.5%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2021, rising by 22% against the previous year. Over the period under review, the export price, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2017 an increase of 23%. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, 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 the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+1.9%).

Imports of Granules, Chippings And Powder Of Marble

Imports in Northern America

For the fourth year in a row, Northern America recorded growth in supplies from abroad of granules, chippings and powder of marble, which increased by 5.3% to X tons in 2021. Over the period under review, imports showed a resilient increase. The pace of growth was the most pronounced in 2018 when imports increased by 71% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, marble granules and powder imports skyrocketed to $X in 2021. In general, imports, however, showed a slight descent. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The United States represented the key importing country with an import of about X tons, which finished at 69% of total imports. It was distantly followed by Canada (X tons), committing a 31% share of total imports.

Imports into the United States increased at an average annual rate of +7.0% from 2012 to 2021. At the same time, Canada (+17.7%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of +17.7% from 2012-2021. Canada (+15 p.p.) significantly strengthened its position in terms of the total imports, while the United States saw its share reduced by -15.2% from 2012 to 2021, respectively.

In value terms, the United States ($X) constitutes the largest market for imported granules, chippings and powder of marble in Northern America, comprising 85% of total imports. The second position in the ranking was taken by Canada ($X), with a 15% share of total imports.

From 2012 to 2021, the average annual growth rate of value in the United States stood at -1.1%.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per ton, picking up by 9.5% against the previous year. In general, the import price, however, showed a deep setback. The pace of growth was the most pronounced in 2017 when the import price increased by 26% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-7.6%).

Source: IndexBox Market Intelligence Platform

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