World - Marble And Travertine - Market Analysis, Forecast, Size, Trends and Insights
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World - Marble And Travertine - Market Analysis, Forecast, Size, Trends and Insights

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Oct 27, 2023

World's Top Import Markets for Marble and Travertine

Marble and travertine are luxurious natural stones that are highly sought after for their exceptional beauty and durability. They have been used for centuries in the construction of palaces, cathedrals, and monuments, symbolizing elegance and opulence. Although marble and travertine are available in various countries, some nations dominate the global import market for these stones. This article explores the top import markets for marble and travertine based on their import value in 2022, according to the IndexBox market intelligence platform.

1. China

With an import value of 1.3 billion USD in 2022, China is the leading importer of marble and travertine. The country's booming construction industry and a growing number of luxury projects have fueled the demand for these natural stones. China's domestic marble production cannot meet the increasing demand, making imports necessary to fulfill their market requirements. Additionally, China's population of more than 1.4 billion offers a substantial consumer base for marble and travertine products.

2. India

India follows closely behind China with an import value of 327.5 million USD in 2022. The Indian market for marble and travertine has shown significant growth due to the rapid urbanization and infrastructure development projects in the country. The increasing use of these stones in residential and commercial construction, as well as for interior decorating purposes, has contributed to the surge in imports. India's strong architectural heritage and a rising middle-class population also play a vital role in the demand for marble and travertine.

3. Italy

Despite being renowned for its marble and travertine extraction and processing industries, Italy imports a significant amount of these natural stones. In 2022, Italy's import value for marble and travertine stood at 95.5 million USD. This can be attributed to the preference for specific varieties of marble and travertine that are not readily available within the country. Italian architects and designers often seek unique types of marble and travertine from other nations to meet their clientsspecifications.

4. Egypt

Egypt is another prominent player in the global import market for marble and travertine, with an import value of 79.3 million USD in 2022. The country's history is deeply intertwined with the use of these natural stones, which are found in various ancient monuments and structures. Despite having its own marble quarries, Egypt imports to cater to the growing demand for specific varieties and colors that are not present in its domestic reserves. Moreover, Egypt's tourism industry fuels the demand for marble and travertine for the restoration and maintenance of historical sites.

5. Algeria

With an import value of 36.9 million USD in 2022, Algeria is an emerging import market for marble and travertine. The country's construction sector has been growing at a rapid pace, driving the demand for these natural stones. Algeria's limited domestic production capacity makes imports necessary to bridge the supply-demand gap. The use of marble and travertine in urban development projects, such as high-rise buildings, hotels, and shopping centers, contributes to the increasing import value.

6. Singapore

Singapore, known for its modern architecture and ambitious construction projects, imports a substantial amount of marble and travertine. In 2022, its import value for these natural stones reached 32.4 million USD. The country's high-income population, coupled with its status as a regional business hub, drives the demand for luxury residential and commercial spaces adorned with marble and travertine. Singapore's limited natural resources and land constraints necessitate importing these stones to meet its construction and design requirements.

7. Taiwan (Chinese)

Taiwan's import market for marble and travertine is valued at 31.0 million USD in 2022. As an island nation with limited natural resources, Taiwan relies heavily on imports to meet its stone requirements for construction and decoration purposes. The demand for marble and travertine in Taiwan is primarily driven by new residential and commercial construction projects, as well as interior renovations. The country's strong economy and high living standards contribute to the growing consumption of these elegant natural stones.

8. United Kingdom

The United Kingdom imports marble and travertine valued at 25.3 million USD in 2022. The country's rich architectural heritage, including iconic buildings and monuments, often requires the use of marble and travertine for restoration purposes. The residential and commercial construction sectors in the UK also contribute to the import demand. Moreover, the affluent population's preference for luxury interiors and surfaces made from marble and travertine further drives the imports.

9. Greece

Greece, known for its ancient marble quarries and historic architectural marvels, imports marble and travertine with a value of 22.3 million USD in 2022. The domestic production of marble in Greece is primarily focused on certain varieties, while the demand for diverse types of marble and travertine is met through imports. The country's tourism industry, which attracts millions of visitors to its ancient sites, also generates the need for imported marble and travertine for restoration purposes.

10. Thailand

Thailand imports marble and travertine worth 20.0 million USD in 2022. The country's construction industry has experienced significant growth, creating demand for various building materials, including marble and travertine. Thailand's import market for these stones is driven by residential and commercial real estate projects, as well as interior design applications. The rising standards of living and increasing urbanization contribute to the growing consumption of marble and travertine in the country.

Conclusion

World's best import markets for marble and travertine are dynamic and diverse, driven by factors such as construction activity, architectural heritage, design preferences, and economic development. China emerges as the leader, followed by India, Italy, Egypt, and several other nations. The demand for these natural stones is expected to continue growing, fueled by urbanization, infrastructure projects, and the timeless appeal of marble and travertine in various applications.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global marble and travertine market. 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 08111133 - Marble and travertine, crude or roughly trimmed
  • Prodcom 08111136 - Marble and travertine merely cut into rectangular or square blocks or slabs
  • Prodcom 08111150 - Ecaussine and other calcareous monumental or building stone of an apparent specific gravity . 2,5

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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. CONSUMPTION BY COUNTRY
    3. 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. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

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

    The Largest Exporters on The Market and How They Succeed

    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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

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

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