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

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

The Spanish market for granules, chippings and powder of monumental stone reached $X in 2023, rising by X% against the previous year. Over the period under review, consumption saw strong growth. Over the period under review, the market hit record highs at $X in 2021; afterwards, it flattened through to 2023.

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

In value terms, monumental stone granules and powder production stood at $X in 2023 estimated in export price. Overall, production posted a prominent expansion. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2021; afterwards, it flattened through to 2023.

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Exports of Granules, Chippings And Powder Of Monumental Stone

Exports from Spain

In 2023, after two years of growth, there was significant decline in shipments abroad of granules, chippings and powder of monumental stone, when their volume decreased by X% to X tons. In general, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2023, the exports failed to regain momentum.

In value terms, monumental stone granules and powder exports reduced markedly to $X in 2023. Overall, exports, however, posted strong growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

France (X tons) was the main destination for monumental stone granules and powder exports from Spain, with a X% share of total exports. Moreover, monumental stone granules and powder exports to France exceeded the volume sent to the second major destination, the UK (X tons), sixfold. Andorra (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2023, the average annual growth rate of volume to France totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Andorra (X% per year).

In value terms, France ($X) remains the key foreign market for granules, chippings and powder of monumental stone exports from Spain, comprising X% of total exports. The second position in the ranking was held by Andorra ($X), with a X% share of total exports. It was followed by Portugal, with a X% share.

From 2012 to 2023, the average annual growth rate of value to France totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Andorra (X% per year) and Portugal (X% per year).

Export Prices by Country

The average export price for granules, chippings and powder of monumental stone stood at $X per ton in 2023, growing by X% against the previous year. In general, the export price, however, showed a abrupt slump. The pace of growth appeared the most rapid in 2019 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Granules, Chippings And Powder Of Monumental Stone

Imports into Spain

In 2023, purchases abroad of granules, chippings and powder of monumental stone decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. Overall, imports saw a perceptible descent. The pace of growth was the most pronounced in 2017 when imports increased by X%. As a result, imports reached the peak of X tons. From 2018 to 2023, the growth of imports failed to regain momentum.

In value terms, monumental stone granules and powder imports surged to $X in 2023. Over the period under review, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports hit record highs in 2023 and are expected to retain growth in the near future.

Imports by Country

Norway (X tons), Portugal (X tons) and France (X tons) were the main suppliers of monumental stone granules and powder imports to Spain, together accounting for X% of total imports. Germany and Andorra lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Andorra (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest monumental stone granules and powder suppliers to Spain were France ($X), Norway ($X) and Portugal ($X), with a combined X% share of total imports.

Among the main suppliers, Norway, 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 2023, picking up by X% against the previous year. In general, the import price recorded strong growth. The pace of growth appeared the most rapid in 2020 an increase of X%. Over the period under review, average import prices hit record highs in 2023 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was France ($X per ton), while the price for Andorra ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Norway (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform