Qatar - Marble Building Stone - Market Analysis, Forecast, Size, Trends And Insights
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View PricingQatar's Marble Building Stone Imports Plummet to $58M in 2023
Qatar Marble Building Stone Imports
After two years of growth, supplies from abroad of marble building stone decreased by -29.6% to 83K tons in 2023. Over the period under review, imports showed a pronounced decrease. The growth pace was the most rapid in 2014 when imports increased by 25% against the previous year. Over the period under review, imports hit record highs at 141K tons in 2015; however, from 2016 to 2023, imports remained at a lower figure.
In value terms, marble building stone imports shrank rapidly to $58M (IndexBox estimates) in 2023. In general, imports showed a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 30%. Over the period under review, imports reached the peak figure at $109M in 2015; however, from 2016 to 2023, imports failed to regain momentum.
| COUNTRY | Import Value of Marble Building Stone in Qatar (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Italy | 42.3 | 23.4 | 24.7 | 27.9 | 23.8 | 25.9 | 26.6 | 23.3 | 28.0 | 20.3 | 13.3 |
| Turkey | 12.0 | 9.2 | 13.3 | 9.8 | 10.0 | 13.2 | 14.1 | 12.6 | 16.5 | 15.0 | 11.2 |
| Greece | 4.5 | 9.8 | 6.3 | 9.6 | 9.5 | 11.7 | 13.5 | 11.3 | 16.0 | 11.6 | 8.6 |
| China | 10.4 | 8.8 | 18.3 | 8.2 | 6.9 | 10.3 | 17.6 | 8.3 | 17.0 | 14.2 | 8.0 |
| Oman | 5.2 | 6.5 | 8.2 | 5.1 | 4.8 | 7.1 | 5.9 | 3.3 | 5.5 | 6.7 | 5.5 |
| Spain | 15.1 | 17.0 | 17.8 | 17.7 | 14.8 | 16.1 | 12.0 | 8.0 | 7.7 | 8.0 | 4.5 |
| North Macedonia | N/A | 0.1 | N/A | 0.2 | 1.7 | 3.9 | 0.5 | 0.2 | N/A | N/A | 1.6 |
| Lebanon | 5.8 | 1.8 | 2.0 | 3.2 | 2.4 | 1.0 | 1.1 | 1.3 | 2.0 | 1.9 | 0.6 |
| Others | 10.4 | 12.6 | 18.4 | 13.7 | 8.6 | 9.1 | 9.4 | 8.5 | 7.2 | 7.9 | 5.0 |
| Total | 106 | 89.2 | 109 | 95.2 | 82.5 | 98.3 | 101 | 77.0 | 99.9 | 85.7 | 58.3 |
Imports by Country
Turkey (23K tons), Oman (12K tons) and Italy (11K tons) were the main suppliers of marble building stone imports to Qatar, with a combined 54% share of total imports. China, Greece, Spain, North Macedonia and Lebanon lagged somewhat behind, together accounting for a further 34%.
From 2013 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by North Macedonia (with a CAGR of +42.6%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest marble building stone suppliers to Qatar were Italy ($13M), Turkey ($11M) and Greece ($8.6M), together accounting for 57% of total imports. China, Oman, Spain, North Macedonia and Lebanon lagged somewhat behind, together accounting for a further 35%.
North Macedonia, with a CAGR of +46.3%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Imports by Type
In 2023, marble, travertine and alabaster; simply cut or sawn, with a flat or even surface (74K tons) constituted the largest type of marble building stone supplied to Qatar, accounting for a 89% share of total imports. Moreover, marble, travertine and alabaster; simply cut or sawn, with a flat or even surface exceeded the figures recorded for the second-largest type, marble, travertine and alabaster; articles thereof, (other than simply cut or sawn, with a flat or even surface) (9.5K tons), eightfold.
From 2013 to 2023, the average annual growth rate of the volume of marble, travertine and alabaster; simply cut or sawn, with a flat or even surface imports totaled -3.1%.
In value terms, marble, travertine and alabaster; simply cut or sawn, with a flat or even surface ($47M) constituted the largest type of marble building stone supplied to Qatar, comprising 81% of total imports. The second position in the ranking was held by marble, travertine and alabaster; articles thereof, (other than simply cut or sawn, with a flat or even surface) ($11M), with a 19% share of total imports.
Import Prices by Country
In 2023, the marble building stone price stood at $699 per ton (CIF, Qatar), shrinking by -3.3% against the previous year. In general, the import price showed a noticeable setback. The pace of growth was the most pronounced in 2021 an increase of 27% against the previous year. The import price peaked at $1,009 per ton in 2013; however, from 2014 to 2023, import prices stood at a somewhat lower figure.
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 Italy ($1,271 per ton), while the price for Egypt ($185 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by China (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.
This report provides an in-depth analysis of the marble building stone market in Qatar. 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 2030.
Product coverage:
- Prodcom 23701100 - Worked monumental/building stone and articles thereof, in marble, travertine and alabaster excluding tiles, cubes/similar articles, largest surface < 7 cm., setts, kerbstones, flagstones
Country coverage:
- Qatar
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Qatar
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
