Overview of the Global Market for Granules, Chippings And Powder Of Monumental Stone

Market Size for Granules, Chippings And Powder Of Monumental Stone

The global market for granules, chippings and powder of monumental stone reached $X in 2021, surging by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, the global market reached the peak level in 2021 and is likely to continue growth in the immediate term.

Production of Granules, Chippings And Powder Of Monumental Stone

In value terms, monumental stone granules and powder production amounted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, global production attained the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Production By Country

China (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 China exceeded the figures recorded by the second-largest producer, Germany (X tons), threefold. The third position in this ranking was taken by the United States (X tons), with a X% share.

In China, 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: Germany (-X% per year) and the United States (+X% per year).

Exports of Granules, Chippings And Powder Of Monumental Stone

Exports

In 2021, shipments abroad 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, however, continue to indicate a tangible expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the global exports remained at a lower figure.

In value terms, monumental stone granules and powder exports expanded notably to $X in 2021. The total export value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. The global exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China was the key exporting country with an export of about X tons, which recorded X% of total exports. It was distantly followed by Germany (X tons), Belgium (X tons) and Norway (X tons), together committing a X% share of total exports. The following exporters - Hong Kong SAR (X tons), Thailand (X tons) and Austria (X tons) - together made up X% of total exports.

From 2012 to 2021, average annual rates of growth with regard to monumental stone granules and powder exports from China stood at +X%. At the same time, Thailand (+X%), Hong Kong SAR (+X%), Belgium (+X%) and Austria (+X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2012-2021. By contrast, Germany (-X%) and Norway (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China, Belgium, Thailand and Hong Kong SAR increased by +X, +X, +X and +X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Germany ($X) and Norway ($X) were the countries with the highest levels of exports in 2021, together accounting for X% of global exports. Belgium, Hong Kong SAR, Austria and Thailand lagged somewhat behind, together accounting for a further X the main exporting countries, Thailand, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global 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 2021, with an increase of X% against the previous year. Overall, the export price, however, saw a mild shrinkage. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Norway ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+X%), while the other global leaders experienced mixed trends in the export price figures.

Imports of Granules, Chippings And Powder Of Monumental Stone

Imports

In 2021, after three years of decline, there was significant growth in supplies from abroad of granules, chippings and powder of monumental stone, when their volume increased by X% to X tons. Over the period under review, total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 expanded remarkably to $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Hong Kong SAR (X tons) represented the major importer of granules, chippings and powder of monumental stone, constituting X% of total imports. Taiwan (Chinese) (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Germany (X%) and the United States (X%). The Netherlands (X tons), Switzerland (X tons), France (X tons) and Bangladesh (X tons) took a relatively small share of total imports.

Hong Kong SAR 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. At the same time, Bangladesh (+X%), the United States (+X%), France (+X%) and the Netherlands (+X%) displayed positive paces of growth. Switzerland experienced a relatively flat trend pattern. By contrast, Germany (-X%) and Taiwan (Chinese) (-X%) illustrated a downward trend over the same period. Hong Kong SAR (+X p.p.) and the United States (+X p.p.) significantly strengthened its position in terms of the global imports, while Germany and Taiwan (Chinese) saw its share reduced by -X% and -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Hong Kong SAR ($X) constitutes the largest market for imported granules, chippings and powder of monumental stone worldwide, comprising X% of global imports. The second position in the ranking was held by Germany ($X), with a X% share of global imports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Hong Kong SAR amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Taiwan (Chinese) (-X% per year).

Import Prices by Country

In 2021, the average import price for granules, chippings and powder of monumental stone amounted to $X per ton, which is down by -X% against the previous year. Overall, the import price recorded a noticeable setback. The pace of growth was the most pronounced in 2020 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, and then fell notably in the following year.

Prices varied noticeably by the country of destination: the country with the highest price was Bangladesh ($X per ton), while the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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