Report Update Apr 1, 2024

Portugal - Granite Blocks and Slabs - Market Analysis, Forecast, Size, Trends and Insights

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Portugal: Granite Block Market 2024

Granite Block Market Size in Portugal

The Portuguese granite block market reduced to $X in 2022, waning by -8.8% against the previous year. Over the period under review, consumption saw a abrupt decline. Granite block consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Granite Block Production in Portugal

In value terms, granite block production declined to $X in 2022 estimated in export price. Overall, production saw a remarkable increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by 274%. Granite block production peaked at $X in 2021, and then dropped in the following year.

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Granite Block Exports

Exports from Portugal

In 2022, shipments abroad of granite blocks and slabs increased by 43% to X tons, rising for the seventh year in a row after two years of decline. Overall, exports saw significant growth. The growth pace was the most rapid in 2020 when exports increased by 398%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, granite block exports soared to $X in 2022. In general, exports recorded a buoyant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 97% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

France (X tons), Sweden (X tons) and Switzerland (X tons) were the main destinations of granite block exports from Portugal, with a combined 62% share of total exports. Ireland, China, the UK and Spain lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +92.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the UK ($X) and Sweden ($X) appeared to be the largest markets for granite block exported from Portugal worldwide, with a combined 57% share of total exports. Switzerland, Ireland, China and Spain lagged somewhat behind, together comprising a further 29%.

In terms of the main countries of destination, China, with a CAGR of +65.9%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average granite block export price amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the export price, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when the average export price increased by 29% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Switzerland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (-4.4%), while the prices for the other major destinations experienced a decline.

Granite Block Imports

Imports into Portugal

In 2022, imports of granite blocks and slabs into Portugal surged to X tons, jumping by 94% against 2021 figures. Over the period under review, imports enjoyed a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, granite block imports skyrocketed to $X in 2022. Overall, imports enjoyed a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Angola (X tons), Spain (X tons) and France (X tons) were the main suppliers of granite block imports to Portugal, with a combined 98% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Angola (with a CAGR of +61.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) constituted the largest supplier of granite blocks and slabs to Portugal, comprising 61% of total imports. The second position in the ranking was held by Angola ($X), with a 27% share of total imports. It was followed by France, with a 6.3% share.

From 2012 to 2022, the average annual growth rate of value from Spain stood at +7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Angola (+52.8% per year) and France (+7.0% per year).

Import Prices by Country

In 2022, the average granite block import price amounted to $X per ton, reducing by -9.9% against the previous year. In general, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2017 when the average import price increased by 31%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Angola ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.9%), while the prices for the other major suppliers experienced a decline.

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Frequently Asked Questions (FAQ) :

What are the largest markets for granite blocks and slabs in the world?

China constituted the country with the largest volume of granite block consumption, comprising approx. 24% of total volume. Moreover, granite block consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. India ranked third in terms of total consumption with a 7.6% share.

What are the largest producers of granite blocks and slabs in the world?

The countries with the highest volumes of production in 2022 were India, Brazil and China, with a combined 36% share of global production. The United States, Angola, Japan, Italy, Russia, Portugal, Pakistan, Turkey, Mexico and Norway lagged somewhat behind, together accounting for a further 33%.

What are the leading suppliers of granite blocks and slabs to Portugal?

In value terms, Spain constituted the largest supplier of granite blocks and slabs to Portugal, comprising 61% of total imports. The second position in the ranking was held by Angola, with a 27% share of total imports. It was followed by France, with a 6.3% share.

What are the leading importers of granite blocks and slabs from Portugal?

In value terms, France, the UK and Sweden appeared to be the largest markets for granite block exported from Portugal worldwide, with a combined 57% share of total exports. Switzerland, Ireland, China and Spain lagged somewhat behind, together comprising a further 29%.

What is the average export price for granite blocks and slabs in Portugal?

In 2022, the average granite block export price amounted to $88 per ton, stabilizing at the previous year.

What is the average import price for granite blocks and slabs in Portugal?

The average granite block import price stood at $191 per ton in 2022, declining by -9.9% against the previous year.

This report provides an in-depth analysis of the granite block market in Portugal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 08111236 - Granite merely cut into rectangular (including square) blocks or slabs

Country coverage:

Portugal

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Portugal
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023