Saudi Arabia: Market for Granules, Chippings And Powder Of Marble 2023

Market Size for Granules, Chippings And Powder Of Marble in Saudi Arabia

The Saudi marble granules and powder market reduced to $X in 2022, shrinking by X% against the previous year. Overall, consumption, however, continues to indicate resilient growth. Marble granules and powder consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Granules, Chippings And Powder Of Marble in Saudi Arabia

In value terms, marble granules and powder production shrank to $X in 2022 estimated in export price. In general, production, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2015 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Granules, Chippings And Powder Of Marble

Exports from Saudi Arabia

After three years of growth, shipments abroad of granules, chippings and powder of marble decreased by X% to X tons in 2022. Overall, exports showed a sharp contraction. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, marble granules and powder exports rose significantly to $X in 2022. Over the period under review, exports showed a precipitous decrease. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Egypt (X tons) was the main destination for marble granules and powder exports from Saudi Arabia, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Egypt was relatively modest.

In value terms, Egypt ($X) emerged as the key foreign market for granules, chippings and powder of marble exports from Saudi Arabia.

From 2012 to 2022, the average annual rate of growth in terms of value to Egypt was relatively modest.

Export Prices by Country

The average marble granules and powder export price stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price showed a prominent expansion. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Egypt.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to X% per year.

Imports of Granules, Chippings And Powder Of Marble

Imports into Saudi Arabia

In 2021, purchases abroad of granules, chippings and powder of marble decreased by X% to X tons for the first time since 2017, thus ending a three-year declining trend. Overall, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, marble granules and powder imports fell remarkably to $X in 2021. In general, imports, however, recorded a prominent increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Spain (X tons) constituted the largest supplier of marble granules and powder to Saudi Arabia, with a X% share of total imports. Moreover, marble granules and powder imports from Spain exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), ninefold.

From 2012 to 2021, the average annual growth rate of volume from Spain amounted to X%.

In value terms, Spain ($X) constituted the largest supplier of granules, chippings and powder of marble to Saudi Arabia, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Spain totaled X%.

Import Prices by Country

In 2021, the average marble granules and powder import price amounted to $X per ton, remaining constant against the previous year. In general, the import price saw a deep slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for the United Arab Emirates stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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