Turkey: Marble And Travertine Market 2022

Marble And Travertine Market Size in Turkey

In 2020, the Turkish marble and travertine market increased by X% to $X for the first time since 2017, thus ending a two-year declining trend. Over the period under review, consumption enjoyed a prominent expansion. The growth pace was the most rapid in 2012 when the market value increased by X% against the previous year. As a result, consumption reached the peak level of $X. from 2013 to 2020, the growth of the market remained at a somewhat lower figure.

Marble And Travertine Production in Turkey

In value terms, marble and travertine production expanded to $X in 2020 estimated in export prices. Over the period under review, production recorded a perceptible expansion. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Marble and travertine production peaked at $X in 2012; however, from 2013 to 2020, production remained at a lower figure.

Marble And Travertine Exports

Exports from Turkey

In 2020, overseas shipments of marble and travertine decreased by -X% to X tonnes, falling for the third consecutive year after two years of growth. Over the period under review, total exports indicated a noticeable expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2017 indices. The growth pace was the most rapid in 2010 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

In value terms, marble and travertine exports reduced notably to $X in 2020. In general, exports, however, posted a perceptible increase. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, exports attained the maximum at $X in 2013; however, from 2014 to 2020, exports remained at a lower figure.

Exports by Country

China (X tonnes) was the main destination for marble and travertine exports from Turkey, accounting for a X% share of total exports. Moreover, marble and travertine exports to China exceeded the volume sent to the second major destination, India (X tonnes), eightfold.

From 2007 to 2020, the average annual growth rate of volume to China amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+X% per year) and Egypt (+X% per year).

In value terms, China ($X) remains the key foreign market for marble and travertine exports from Turkey, comprising X% of total exports. The second position in the ranking was occupied by India ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to China totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+X% per year) and Egypt (+X% per year).

Export Prices by Country

The average marble and travertine export price stood at $X per tonne in 2020, almost unchanged from the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2012 an increase of X% against the previous year. As a result, export price reached the peak level of $X per tonne. from 2013 to 2020, the growth in terms of the average export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per tonne), while the average price for exports to Egypt ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced mixed trend patterns.

Marble And Travertine Imports

Imports into Turkey

In 2020, marble and travertine imports into Turkey skyrocketed to X tonnes, growing by X% against 2019 figures. In general, imports saw a strong increase. The growth pace was the most rapid in 2013 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum in 2020 and are expected to retain growth in the near future.

In value terms, marble and travertine imports skyrocketed to $X in 2020. Overall, imports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure in 2020 and are expected to retain growth in years to come.

Imports by Country

Iran (X tonnes), North Macedonia (X tonnes) and Italy (X tonnes) were the main suppliers of marble and travertine imports to Turkey, with a combined X% share of total imports. Greece, Belgium and Tunisia lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest marble and travertine suppliers to Turkey were Italy ($X), Iran ($X) and North Macedonia ($X), with a combined X% share of total imports. Greece, Belgium and Tunisia lagged somewhat behind, together comprising a further X (+X% per year) recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average marble and travertine import price stood at $X per tonne in 2020, with a decrease of -X% against the previous year. In general, the import price continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2014 an increase of X% year-to-year. The import price peaked at $X per tonne in 2007; however, from 2008 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per tonne), while the price for Iran ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Tunisia, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform