South Africa: Market for Granules, Chippings And Powder Of Marble 2023

Market Size for Granules, Chippings And Powder Of Marble in South Africa

In 2022, the South African marble granules and powder market increased by X% to $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption, however, recorded a perceptible shrinkage. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Exports of Granules, Chippings And Powder Of Marble

Exports from South Africa

In 2022, overseas shipments of granules, chippings and powder of marble increased by X% to X tons, rising for the second year in a row after two years of decline. In general, exports, however, continue to indicate a noticeable decrease. The growth pace was the most rapid in 2017 with an increase of X%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, marble granules and powder exports contracted to $X in 2022. Over the period under review, exports, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2017 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Botswana (X tons) was the main destination for marble granules and powder exports from South Africa, accounting for a X% share of total exports. Moreover, marble granules and powder exports to Botswana exceeded the volume sent to the second major destination, Namibia (X tons), eightfold. The third position in this ranking was held by France (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Botswana amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (X% per year) and France (X% per year).

In value terms, Botswana ($X), France ($X) and Namibia ($X) were the largest markets for marble granules and powder exported from South Africa worldwide, together accounting for X% of total exports. Mozambique and Malaysia lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Mozambique, 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 average marble granules and powder export price amounted to $X per ton, falling by X% against the previous year. Overall, the export price continues to indicate a pronounced decrease. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Botswana ($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 Malaysia (X%), while the prices for the other major destinations experienced a decline.

Imports of Granules, Chippings And Powder Of Marble

Imports into South Africa

In 2022, purchases abroad of granules, chippings and powder of marble was finally on the rise to reach X tons after three years of decline. Over the period under review, imports, however, recorded a pronounced shrinkage. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, marble granules and powder imports soared to $X in 2022. In general, imports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Namibia (X tons) was the main supplier of marble granules and powder to South Africa, with a approx. X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Namibia totaled X%.

In value terms, Namibia ($X) constituted the largest supplier of granules, chippings and powder of marble to South Africa.

From 2012 to 2022, the average annual rate of growth in terms of value from Namibia totaled X%.

Import Prices by Country

The average marble granules and powder import price stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the import price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Namibia.

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

Source: IndexBox Platform

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