U.S.: Market for Granules, Chippings And Powder Of Monumental Stone 2024

Market Size for Granules, Chippings And Powder Of Monumental Stone in the U.S.

The U.S. market for granules, chippings and powder of monumental stone rose slightly to $X in 2023, surging by X% against the previous year. In general, consumption showed a prominent increase. Monumental stone granules and powder consumption peaked at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Production of Granules, Chippings And Powder Of Monumental Stone in the U.S.

In value terms, monumental stone granules and powder production reached $X in 2023. Over the period under review, production showed a resilient increase. The pace of growth was the most pronounced 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; however, from 2022 to 2023, production stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Granules, Chippings And Powder Of Monumental Stone

Exports from the U.S.

In 2023, 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 two years of growth. Overall, total exports indicated a slight increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked at X tons in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, monumental stone granules and powder exports shrank rapidly to $X in 2023. In general, exports, however, enjoyed strong growth. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2022, and then declined remarkably in the following year.

Exports by Country

Canada (X tons), Mexico (X tons) and Ecuador (X tons) were the main destinations of monumental stone granules and powder exports from the United States, together comprising X% of total exports.

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

In value terms, Mexico ($X), Canada ($X) and Ecuador ($X) were the largest markets for monumental stone granules and powder exported from the United States worldwide, with a combined X% share of total exports.

Ecuador, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for granules, chippings and powder of monumental stone stood at $X per ton in 2023, declining by X% against the previous year. Overall, export price indicated temperate growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The export price peaked at $X per ton in 2022, and then shrank sharply in the following year.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Colombia ($X per ton), while the average price for exports to Thailand ($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 Peru (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 the U.S.

In 2023, monumental stone granules and powder imports into the United States soared to X tons, rising by X% against the year before. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, monumental stone granules and powder imports skyrocketed to $X in 2023. In general, total imports indicated a modest expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Jamaica (X tons) constituted the largest monumental stone granules and powder supplier to the United States, accounting for a X% share of total imports. Moreover, monumental stone granules and powder imports from Jamaica exceeded the figures recorded by the second-largest supplier, Canada (X tons), more than tenfold. The third position in this ranking was held by Norway (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Jamaica stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (X% per year) and Norway (X% per year).

In value terms, Jamaica ($X), Norway ($X) and Canada ($X) constituted the largest monumental stone granules and powder suppliers to the United States, together accounting for X% of total imports.

In terms of the main suppliers, Jamaica, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2023, the average import price for granules, chippings and powder of monumental stone amounted to $X per ton, with a decrease of X% against the previous year. Overall, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2022 an increase of X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($X per ton), while the price for Jamaica ($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 a decline.

Source: IndexBox Platform