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Report Saudi Arabia - Granules, Chippings and Powder of Monumental Stone - Market Analysis, Forecast, Size, Trends and Insights for 499$

Latest Report Update: Jul 23, 2022

Saudi Arabia - Granules, Chippings and Powder of Monumental Stone - Market Analysis, Forecast, Size, Trends and Insights
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Saudi Arabia: Market for Granules, Chippings And Powder Of Monumental Stone 2022

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

In 2021, after two years of growth, there was significant decline in the Saudi market for granules, chippings and powder of monumental stone, when its value decreased by -X% to $X. Overall, consumption, however, recorded a resilient expansion. Over the period under review, the market attained the peak level at $X in 2020, and then shrank in the following year.

Production of Granules, Chippings And Powder Of Monumental Stone in Saudi Arabia

In value terms, monumental stone granules and powder production dropped to $X in 2021 estimated in export price. In general, production, however, enjoyed a prominent increase. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2020, and then contracted in the following year.

Exports of Granules, Chippings And Powder Of Monumental Stone

Exports from Saudi Arabia

In 2021, shipments abroad of granules, chippings and powder of monumental stone was finally on the rise to reach X tons after two years of decline. Overall, exports, however, showed a dramatic contraction. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, monumental stone granules and powder exports rose remarkably to $X in 2021. In general, exports, however, faced a abrupt slump. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Kuwait (X tons) was the main destination for monumental stone granules and powder exports from Saudi Arabia, accounting for a X% share of total exports. Moreover, monumental stone granules and powder exports to Kuwait exceeded the volume sent to the second major destination, Sudan (X tons), more than tenfold.

From 2012 to 2020, the average annual growth rate of volume to Kuwait stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (+X% per year) and Ireland (+X% per year).

In value terms, Sudan ($X) emerged as the key foreign market for monumental stone granules and powder exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was taken by Kuwait ($X), with a X% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of value to Sudan amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (-X% per year) and Ireland (+X% per year).

Export Prices by Country

In 2020, the average export price for granules, chippings and powder of monumental stone amounted to $X per ton, surging by X% against the previous year. Overall, the export price showed a significant increase. The pace of growth was the most pronounced in 2015 when the average export price increased by X%. The export price peaked in 2020 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Sudan ($X per ton), while the average price for exports to Ireland ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Granules, Chippings And Powder Of Monumental Stone

Imports into Saudi Arabia

In 2021, the amount of granules, chippings and powder of monumental stone imported into Saudi Arabia reached X tons, increasing by X% compared with 2020 figures. Overall, imports, however, showed a slight setback. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, monumental stone granules and powder imports fell to $X in 2021. Over the period under review, imports continue to indicate modest growth. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

Turkey (X tons), the Netherlands (X tons) and South Africa (X tons) were the main suppliers of monumental stone granules and powder imports to Saudi Arabia, with a combined X% share of total imports.

From 2012 to 2020, the biggest increases were in Turkey (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), the Netherlands ($X) and China ($X) constituted the largest monumental stone granules and powder suppliers to Saudi Arabia, together accounting for X% of total imports.

In terms of the main suppliers, China, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for granules, chippings and powder of monumental stone stood at $X per ton in 2020, picking up by X% against the previous year. Overall, the import price showed a moderate increase. The import price peaked at $X per ton in 2015; however, from 2016 to 2020, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year	Historical Period	Forecast Period	Units
2021	2007-2021	2022-2030	US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for granules, chippings and powder of monumental stone in the world?

The country with the largest volume of monumental stone granules and powder consumption was China, comprising approx. 20% of total volume. Moreover, monumental stone granules and powder consumption in China exceeded the figures recorded by the second-largest consumer, Germany, twofold. The third position in this ranking was taken by the United States, with a 7.3% share.

What are the largest producers of granules, chippings and powder of monumental stone in the world?

The country with the largest volume of monumental stone granules and powder production was China, comprising approx. 25% of total volume. Moreover, monumental stone granules and powder production in China exceeded the figures recorded by the second-largest producer, Germany, threefold. The United States ranked third in terms of total production with a 6.4% share.

What are the leading suppliers of granules, chippings and powder of monumental stone to Saudi Arabia?

In value terms, the largest monumental stone granules and powder suppliers to Saudi Arabia were Turkey, the Netherlands and China, with a combined 53% share of total imports.

What are the leading importers of granules, chippings and powder of monumental stone from Saudi Arabia?

In value terms, Sudan emerged as the key foreign market for monumental stone granules and powder exports from Saudi Arabia, comprising 47% of total exports. The second position in the ranking was held by Kuwait, with a 22% share of total exports.

What is the average export price for granules, chippings and powder of monumental stone in Saudi Arabia?

In 2020, the average export price for granules, chippings and powder of monumental stone amounted to $1,092 per ton, picking up by 12% against the previous year.

What is the average import price for granules, chippings and powder of monumental stone in Saudi Arabia?

The average import price for granules, chippings and powder of monumental stone stood at $254 per ton in 2020, growing by 29% against the previous year.

This report provides an in-depth analysis of the market for monumental stone granules and powder in Saudi Arabia. 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 08121290 - Granules, chippings and powder of travertine, ecaussine, granite, porphyry, basalt, sandstone and other monumental stone

Country coverage:

• Saudi Arabia

Data coverage:

• Market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Trade (exports and imports) in Saudi Arabia

• 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

• Find deeper insights into current market developments

• 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:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. 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

1.1

REPORT DESCRIPTION

1.2

RESEARCH METHODOLOGY AND AI PLATFORM

1.3

DATA-DRIVEN DECISIONS FOR YOUR BUSINESS

1.4

REPORT DESCRIPTION

2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance