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Turkey - Marble Building Stone - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

Turkey - Marble Building Stone - Market Analysis, Forecast, Size, Trends And Insights

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Oct 7, 2023

Average Price of Marble Building Stone in Turkey Is $455 per Ton

Turkey Marble Building Stone Export Price in July 2023

In July 2023, the marble building stone price amounted to $455 per ton (FOB, Turkey), remaining relatively unchanged against the previous month. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in February 2023 when the average export price increased by 3.5% m-o-m. Over the period under review, the average export prices reached the peak figure at $459 per ton in March 2023; however, from April 2023 to July 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Australia ($638 per ton), while the average price for exports to Israel ($302 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.

Turkey Marble Building Stone Export Prices By Country (USD Per Ton)
COUNTRYExport Price of Marble Building Stone in Turkey (USD per ton)
Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023Jul 2023
Australia641598587590589583613638605588588616638
United States533523582585618617620565579578559574544
United Arab Emirates503471487436428464494449578439530551516
Saudi Arabia365353381432385407411444426411426438427
France371343354351350336352360365341358371387
Iraq285284298311304323325342333346321337325
Israel292286298296292297301304307297309294302
Average436430443440434442441456459456453454455

Turkey Marble Building Stone Export Prices by Type

Average prices varied noticeably for the major types of exported product. In July 2023, the product with the highest price was marble, travertine and alabaster; articles thereof, (other than simply cut or sawn, with a flat or even surface) ($478 per ton), while the average price for exports of marble, travertine and alabaster; simply cut or sawn, with a flat or even surface amounted to $432 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for the following types: marble, travertine and alabaster; simply cut or sawn, with a flat or even surface (+0.8%).

Turkey Marble Building Stone Exports

In July 2023, the amount of marble building stone exported from Turkey declined to 209K tons, reducing by -9.7% compared with the previous month's figure. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in August 2022 with an increase of 38% against the previous month. As a result, the exports reached the peak of 302K tons. From September 2022 to July 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, marble building stone exports declined to $95M (IndexBox estimates) in July 2023. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in August 2022 with an increase of 36% m-o-m. As a result, the exports reached the peak of $130M. From September 2022 to July 2023, the growth of the exports remained at a lower figure.

Turkey Marble Building Stone Exports by Type

Marble, travertine and alabaster; articles thereof, (other than simply cut or sawn, with a flat or even surface) (107K tons) and marble, travertine and alabaster; simply cut or sawn, with a flat or even surface (102K tons) were the main products of marble building stone exports from Turkey.

From July 2022 to July 2023, the most notable rate of growth in terms of shipments, amongst the major product types, was attained by marble, travertine and alabaster; articles thereof, (other than simply cut or sawn, with a flat or even surface) (with a CAGR of +0.4%).

In value terms, marble, travertine and alabaster; articles thereof, (other than simply cut or sawn, with a flat or even surface) ($51M) and marble, travertine and alabaster; simply cut or sawn, with a flat or even surface ($44M) appeared to be the most exported types of marble building stone from Turkey worldwide.

In terms of the main product categories, marble, travertine and alabaster; articles thereof, (other than simply cut or sawn, with a flat or even surface), with a CAGR of +0.3%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Turkey Marble Building Stone Exports by Country

The United States (56K tons) was the main destination for marble building stone exports from Turkey, with a 27% share of total exports. Moreover, marble building stone exports to the United States exceeded the volume sent to the second major destination, Iraq (26K tons), twofold. Israel (22K tons) ranked third in terms of total exports with an 11% share.

From July 2022 to July 2023, the average monthly rate of growth in terms of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: Iraq (-0.1% per month) and Israel (-2.0% per month).

In value terms, the United States ($30M) remains the key foreign market for marble building stone exports from Turkey, comprising 32% of total exports. The second position in the ranking was taken by Iraq ($8.6M), with a 9% share of total exports. It was followed by Saudi Arabia, with an 8.9% share.

From July 2022 to July 2023, the average monthly growth rate of value to the United States was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: Iraq (+1.0% per month) and Saudi Arabia (+1.1% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the marble building 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 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:

  • 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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