SADC: Market for Granite, Sandstone And Other Building Stone 2024

Market Size for Granite, Sandstone And Other Building Stone in SADC

In 2022, the SADC market for granite, sandstone and other building stone increased by X% to $X, rising for the second year in a row after six years of decline. Overall, consumption, however, showed a noticeable slump. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Granite, Sandstone And Other Building Stone in SADC

In value terms, production of granite, sandstone and other building stone stood at $X in 2022 estimated in export price. Over the period under review, production, however, saw a mild downturn. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Granite, Sandstone And Other Building Stone

Exports in SADC

In 2022, the amount of granite, sandstone and other building stone exported in SADC declined to X tons, falling by X% on 2021. In general, exports showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of granite, sandstone and other building stone fell to $X in 2022. Overall, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, South Africa (X tons) and Madagascar (X tons) represented the main exporters of granite, sandstone and other building stone in SADC, together mixing up X% of total exports. Angola (X tons) took the next position in the ranking, followed by Zimbabwe (X tons) and Lesotho (X tons). All these countries together held approx. X% share of total exports. Zambia (X tons) held a minor share of total exports.

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

In value terms, the largest granite, sandstone and other building stone supplying countries in SADC were South Africa ($X), Zimbabwe ($X) and Madagascar ($X), together accounting for X% of total exports. Angola, Lesotho and Zambia lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Angola, with a CAGR of X%, recorded 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 export price in SADC amounted to $X per ton, waning by X% against the previous year. In general, the export price showed a pronounced reduction. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2015 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 Zimbabwe ($X per ton), while Zambia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zimbabwe (X%), while the other leaders experienced a decline in the export price figures.

Imports of Granite, Sandstone And Other Building Stone

Imports in SADC

In 2022, overseas purchases of granite, sandstone and other building stone increased by X% to X tons, rising for the second consecutive year after five years of decline. In general, imports, however, recorded a pronounced reduction. The growth pace was the most rapid in 2015 with an increase of X%. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of granite, sandstone and other building stone expanded rapidly to $X in 2022. Over the period under review, imports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports of attained the maximum at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

Botswana (X tons), South Africa (X tons), Namibia (X tons), Tanzania (X tons) and Zambia (X tons) represented roughly X% of total imports in 2022. Lesotho (X tons) took the next position in the ranking, followed by Mozambique (X tons). All these countries together took near X% share of total imports. Democratic Republic of the Congo (X tons) took a little share of total imports.

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

In value terms, the largest granite, sandstone and other building stone importing markets in SADC were Botswana ($X), Namibia ($X) and Mozambique ($X), together accounting for X% of total imports. Zambia, Tanzania, Democratic Republic of the Congo, Lesotho and South Africa lagged somewhat behind, together comprising a further X%.

Democratic Republic of the Congo, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of 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

In 2022, the import price in SADC amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the import price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Democratic Republic of the Congo ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mozambique (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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