Southern Asia: Market for Granules, Chippings And Powder Of Monumental Stone 2022

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

The South Asian market for granules, chippings and powder of monumental stone shrank to $X in 2021, with a decrease of -X% against the previous year. In general, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Production of Granules, Chippings And Powder Of Monumental Stone in Southern Asia

In value terms, monumental stone granules and powder production shrank to $X in 2021 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Production By Country in Southern Asia

India (X tons) constituted the country with the largest volume of monumental stone granules and powder production, accounting for X% of total volume. Moreover, monumental stone granules and powder production in India exceeded the figures recorded by the second-largest producer, Pakistan (X tons), threefold. The third position in this ranking was taken by Afghanistan (X tons), with a X% share.

In India, monumental stone granules and powder production remained relatively stable over the period from 2012-2021. The remaining producing countries recorded the following average annual rates of production growth: Pakistan (-X% per year) and Afghanistan (-X% per year).

Exports of Granules, Chippings And Powder Of Monumental Stone

Exports in Southern Asia

In 2021, overseas shipments of granules, chippings and powder of monumental stone decreased by -X% to X tons, falling for the second year in a row after four years of growth. Overall, exports showed a deep slump. The growth pace was the most rapid in 2018 when exports increased by X%. The volume of export peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, monumental stone granules and powder exports contracted notably to $X in 2021. Over the period under review, exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2020 when exports increased by X%. As a result, the exports reached the peak of $X, and then shrank significantly in the following year.

Exports by Country

India prevails in exports structure, accounting for X tons, which was near X% of total exports in 2021. It was distantly followed by Pakistan (X tons), achieving an X% share of total exports.

Exports from India decreased at an average annual rate of -X% from 2012 to 2021. Pakistan (-X%) illustrated a downward trend over the same period. percentage points. India (-X p.p.) saw their shares reduced.

In value terms, India ($X) remains the largest monumental stone granules and powder supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by Pakistan ($X), with a X% share of total exports.

In India, monumental stone granules and powder exports shrank by an average annual rate of -X% over the period from 2012-2021.

Export Prices by Country

In 2021, the mental stone in Southern Asia amounted to $X per ton, declining by -X% against the previous year. Over the period under review, the export price continues to indicate a mild setback. The pace of growth was the most pronounced in 2020 an increase of X%. The level of export peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was India ($X per ton), while Pakistan totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (-X%).

Imports of Granules, Chippings And Powder Of Monumental Stone

Imports in Southern Asia

After two years of decline, purchases abroad of granules, chippings and powder of monumental stone increased by X% to X tons in 2021. Overall, imports recorded a significant increase. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, monumental stone granules and powder imports surged to $X in 2021. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Bangladesh dominates imports structure, resulting at X tons, which was near X% of total imports in 2021. Maldives (X tons) followed a long way behind the leaders.

Bangladesh 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 2021. Maldives (-X%) illustrated a downward trend over the same period. Bangladesh (+X p.p.) significantly strengthened its position in terms of the total imports, while Maldives saw its share reduced by -X% from 2012 to 2021, respectively.

In value terms, Bangladesh ($X) constitutes the largest market for imported granules, chippings and powder of monumental stone in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Maldives ($X), with a X% share of total imports.

In Bangladesh, monumental stone granules and powder imports expanded at an average annual rate of +X% over the period from 2012-2021.

Import Prices by Country

In 2021, the mental stone in Southern Asia amounted to $X per ton, declining by -X% against the previous year. Overall, the import price, however, saw noticeable growth. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton, and then dropped sharply in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Bangladesh ($X per ton), while Maldives amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Maldives (-X%).

Source: IndexBox Market Intelligence Platform

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