Feb 23, 2019

Turkey - Granite, Sandstone And Other Building Stone - Market Analysis, Forecast, Size, Trends and Insights

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Turkey: Stone Market Overview 2019

Stone Market Size in Turkey

The revenue of the stone market in Turkey amounted to $X in 2017, approximately mirroring the previous year. Overall, stone consumption continues to indicate an outstanding increase. The most prominent rate of growth was recorded in 2012, when market value increased by X% against the previous year. Turkey stone consumption peaked of $X in 2016, leveling off in the following year.

Stone Production in Turkey

In 2017, production of granite, sandstone and other building stone in Turkey amounted to X tonnes, coming up by X% against the previous year. Overall, stone production continues to indicate a skyrocketing increase. The pace of growth appeared the most rapid in 2012, when the output figure increased by X% against the previous year. Turkey stone production peaked in 2017, and is expected to retain its growth in the near future.

Stone Exports from Turkey

In 2017, approx. X tonnes of granite, sandstone and other building stone were exported from Turkey; lowering by -X% against the previous year. Overall, stone exports continue to indicate a drastic slump. The most prominent rate of growth was recorded in 2011, when it surged by X% year-to-year. In that year, the stone exports reached their peak volume of X tonnes. From 2012 to 2017, growth of the stone exports stood at a somewhat lower level.

In value terms, stone exports stood at $X in 2017. In general, stone exports continue to indicate an abrupt reduction. Over the period under review, the stone exports attained its maximum level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Stone Exports by Country from Turkey

India dominates stone exports structure, reaching X tonnes, which was near X% of total exports in 2017. It was distantly followed by Brazil (X tonnes), creating X% share of total exports. The following exporters - Portugal (X tonnes), Norway (X tonnes), South Africa (X tonnes) and Spain (X tonnes) together made up X% of total exports.

India was also the fastest growing in terms of the granite, sandstone and other building stone exports, with a CAGR of +X% from 2007 to 2017. At the same time, South Africa (+X%) and Norway (+X%) displayed positive paces of growth. By contrast, Brazil (-X%), Portugal (-X%) and Spain (-X%) illustrated a downward trend over the same period. While the share of Brazil (X%) increased significantly in terms of the global exports from 2007-2017, the share of India (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest stone supplier from Turkey, making up X% of global exports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global exports. It was followed by Norway, with a X% share.

From 2007 to 2017, the average annual growth rate of value in India amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (-X% per year) and Norway (-X% per year).

Stone Export Prices by Country in Turkey

In 2017, the stone export price in Turkey amounted to $X per tonne, lowering by -X% against the previous year. In general, the export price indicated a measured growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the stone export price increased by +X% against 2011 indices. The pace of growth appeared the most rapid in 2016, when the export prices increased by X% against the previous year. In that year, the export prices for granite, sandstone and other building stone reached their peak level of $X per tonne, and then declined slightly in the following year.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Norway ($X per tonne), while India ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Brazil (+X% per year), while the other leaders experienced a decline in the export price figures.

Stone Imports into Turkey

In 2017, stone imports into Turkey stood at X tonnes, coming up by X% against the previous year. Overall, stone imports continue to indicate a deep shrinkage. The growth pace was the most rapid in 2012, when it surged by X% y-o-y. Turkey imports peaked of X tonnes in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, stone imports totaled $X in 2017. In general, stone imports continue to indicate a dramatic downturn. Over the period under review, the stone imports reached its maximum level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Stone Imports by Country into Turkey

China represented the main importing country with an import of about X tonnes, which reached X% of total imports. Taiwan, Chinese (X tonnes) held the second position in the ranking, distantly followed by the UK (X tonnes). All these countries together took near X% share of total imports. Singapore (X tonnes), Italy (X tonnes), Denmark (X tonnes), Spain (X tonnes), France (X tonnes), Luxembourg (X tonnes), Switzerland (X tonnes), Poland (X tonnes) and Maldives (X tonnes) followed a long way behind the leaders.

China was also the fastest growing in terms of the granite, sandstone and other building stone imports, with a CAGR of +X% from 2007 to 2017. At the same time, Singapore (+X%), Taiwan, Chinese (+X%), Luxembourg (+X%) and Switzerland (+X%) displayed positive paces of growth. By contrast, France (-X%), the UK (-X%), Denmark (-X%), Poland (-X%), Spain (-X%), Maldives (-X%) and Italy (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Italy, Spain, Maldives and the UK increased by X%, X%, X% and X% percentage points, while Taiwan, Chinese (-X%) and China (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported granite, sandstone and other building stone into Turkey, making up X% of global imports. The second position in the ranking was occupied by Singapore ($X), with a X% share of global imports. It was followed by the UK, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: Singapore (+X% per year) and the UK (+X% per year).

Stone Import Prices by Country in Turkey

The stone import price in Turkey stood at $X per tonne in 2017, falling by -X% against the previous year. In general, stone import price continues to indicate a temperate contraction. The pace of growth appeared the most rapid in 2015, when the import prices increased by X% year-to-year. Over the period under review, the import prices for granite, sandstone and other building stone reached its peak figure level of $X per tonne in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Singapore ($X per tonne), while Luxembourg ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Singapore (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
granite, porphyry, basalt, sandstone and other monumental or building stone, whether or not roughly trimmed or merely cut, by sawing or otherwise, into blocks or slabs of a rectangular (including square) shape.


This report provides an in-depth analysis of the stone market in Turkey. 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 2025.


Country coverage:
• Turkey.


Data coverage:

• Market volume and value;

• Per Capita consumption;

• Forecast of the market dynamics in the medium term;

• Trade (exports and imports) in Turkey;

• 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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

This Chapter is Available Only for Professional Edition PRO
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

This Chapter is Available Only for Professional Edition PRO
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for Professional Edition PRO
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2017
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2017
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

This Chapter is Available Only for Professional Edition PRO
LIST OF TABLES
Table 1:
Key Findings In 2017
Table 2:
Market Volume, In Physical Terms, 2007–2017
Table 3:
Market Value, 2007–2017
Table 4:
Per Capita Consumption In 2007-2017
Table 5:
Imports, In Physical Terms, By Country, 2007–2017
Table 6:
Imports, In Value Terms, By Country, 2007–2017
Table 7:
Import Prices, By Country Of Origin, 2007–2017
Table 8:
Exports, In Physical Terms, By Country, 2007–2017
Table 9:
Exports, In Value Terms, By Country, 2007–2017
Table 10:
Export Prices, By Country Of Destination, 2007–2017
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2017
Figure 2:
Market Value, 2007–2017
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2017
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2017
Figure 5:
Trade Balance, In Physical Terms, 2007-2017
Figure 6:
Trade Balance, In Value Terms, 2007-2017
Figure 7:
Per Capita Consumption, 2007-2017
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2017
Figure 21:
Production, In Value Terms, 2007–2017
Figure 22:
Imports, In Physical Terms, 2007–2017
Figure 23:
Imports, In Value Terms, 2007–2017
Figure 24:
Imports, In Physical Terms, By Country, 2017
Figure 25:
Imports, In Physical Terms, By Country, 2007–2017
Figure 26:
Imports, In Value Terms, By Country, 2007–2017
Figure 27:
Import Prices, By Country Of Origin, 2007–2017
Figure 28:
Exports, In Physical Terms, 2007–2017
Figure 29:
Exports, In Value Terms, 2007–2017
Figure 30:
Exports, In Physical Terms, By Country, 2017
Figure 31:
Exports, In Physical Terms, By Country, 2007–2017
Figure 32:
Exports, In Value Terms, By Country, 2007–2017
Figure 33:
Export Prices, By Country Of Destination, 2007–2017
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