SADC: Market for Granules, Chippings And Powder Of Monumental Stone 2024

Market Size for Granules, Chippings And Powder Of Monumental Stone in SADC

The SADC market for granules, chippings and powder of monumental stone stood at $X in 2023, therefore, remained relatively stable against the previous year. The total consumption indicated a moderate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2023, consumption stood at a somewhat lower figure.

Production of Granules, Chippings And Powder Of Monumental Stone in SADC

In value terms, monumental stone granules and powder production amounted to $X in 2023 estimated in export price. The total production indicated measured growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2023, production growth remained at a somewhat lower figure.

Exports of Granules, Chippings And Powder Of Monumental Stone

Exports in SADC

In 2023, approx. X tons of granules, chippings and powder of monumental stone were exported in SADC; shrinking by X% against the previous year's figure. Overall, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2022 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, monumental stone granules and powder exports dropped significantly to $X in 2023. Over the period under review, exports continue to indicate a abrupt descent. The growth pace was the most rapid in 2022 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

In 2023, Namibia (X tons) was the main exporter of granules, chippings and powder of monumental stone, comprising X% of total exports. It was distantly followed by South Africa (X tons), mixing up a X% share of total exports. Lesotho (X tons) and Tanzania (X tons) held a minor share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Lesotho (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, South Africa ($X) remains the largest monumental stone granules and powder supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Namibia ($X), with a X% share of total exports. It was followed by Tanzania, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in South Africa stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Namibia (X% per year) and Tanzania (X% per year).

Export Prices by Country

In 2023, the export price in SADC amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the export price showed a slight shrinkage. The growth pace was the most rapid in 2017 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Tanzania ($X per ton), while Lesotho ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Tanzania (X%), while the other leaders experienced a decline in the export price figures.

Imports of Granules, Chippings And Powder Of Monumental Stone

Imports in SADC

In 2023, supplies from abroad of granules, chippings and powder of monumental stone decreased by X% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, imports recorded a slight curtailment. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The volume of import peaked at X tons in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, monumental stone granules and powder imports declined to $X in 2023. Overall, imports, however, showed a modest increase. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The level of import peaked at $X in 2021; however, from 2022 to 2023, imports remained at a lower figure.

Imports by Country

Mauritius represented the key importer of granules, chippings and powder of monumental stone in SADC, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2023. It was distantly followed by South Africa (X tons), generating a X% share of total imports. The following importers - Botswana (X tons) and Mozambique (X tons) - together made up X% of total imports.

Mauritius was also the fastest-growing in terms of the granules, chippings and powder of monumental stone imports, with a CAGR of X% from 2012 to 2023. At the same time, Mozambique (X%), Botswana (X%) and South Africa (X%) displayed positive paces of growth. Mauritius (X p.p.), South Africa (X p.p.) and Botswana (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mauritius ($X) constitutes the largest market for imported granules, chippings and powder of monumental stone in SADC, comprising X% of total imports. The second position in the ranking was taken by South Africa ($X), with an X% share of total imports. It was followed by Mozambique, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Mauritius stood at X%. In the other countries, the average annual rates were as follows: South Africa (X% per year) and Mozambique (X% per year).

Import Prices by Country

In 2023, the import price in SADC amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the import price, however, enjoyed a perceptible expansion. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Mozambique ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2012 to 2023, 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