World - Granite, Sandstone And Other Building Stone - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

World - Granite, Sandstone And Other Building Stone - Market Analysis, Forecast, Size, Trends And Insights

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Granite market

Granite market: get new info powered by an Ai-driven BI platform. Info contain trade, companies, market size, imports, production, consumption, market prices, and exports. Here is a split by country, including Latin America, the Middle East, the U.K., the U.S., EU, China, Africa, and Russia. Market insights and forecast to 2030 are also featured in the dashboards.

Granite - World's Largest Markets

RatingCountry
1China
2United Kingdom
3Italy
4Taiwan (Chinese)
5Netherlands

Granite, Sandstone And Other Building Stone Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
China856678-4.2%
Zimbabwe178182114-20.0%
India160164116-14.9%
Portugal131132121-3.9%
Brazil177165153-7.0%
Angola193173160-8.9%
South Africa1671541690.6%
Spain1691811731.2%
Norway253242211-8.7%
Average161165132-9.5%

Prices varied noticeably by the country of origin; the country with the highest price was Norway ($211 per ton), while China ($78 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Spain, while the other global leaders experienced mixed trends in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
United Kingdom2332292819.8%
Italy20621025912.1%
Netherlands297274222-13.5%
Poland1771981934.4%
China157161153-1.3%
Spain1331391444.1%
Maldives180183127-16.0%
Switzerland1201151200.0%
France164149118-15.2%
Bangladesh97991012.0%
Taiwan (Chinese)16715545-48.1%
Average174177167-2.1%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the UK ($281 per ton), while Taiwan (Chinese) ($45 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the other global leaders experienced more modest paces of growth.

Granite, Sandstone and Other Building Stone - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
China1.211-8.5%
United Kingdom0.20.20.26.5%
Italy0.070.060.138.1%
Netherlands0.030.040.0536.7%
Spain0.030.030.0530.6%

In value terms, China ($1B) constitutes the largest market for imported granite, sandstone and other building stone worldwide, comprising 48% of global imports. The second position in the ranking was occupied by the UK ($235M), with a 11% share of global imports. It was followed by Italy, with a 6.3% share.

In China, imports of granite, sandstone and other building stone contracted by an average annual rate of -8.5% over the period from 2018-2020. The remaining importing countries recorded the following average annual rates of imports growth: the UK (+6.5% per year) and Italy (+38.1% per year).

Granite, Sandstone and Other Building Stone - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
India1.110.8-16.3%
Brazil0.20.10.1-14.8%
Norway0.070.090.071.2%
Spain0.040.040.0619.7%
South Africa0.050.050.05-5.7%

In value terms, India ($770M) remains the largest granite, sandstone and other building stone supplier worldwide, comprising 50% of global exports. The second position in the ranking was occupied by Brazil ($127M), with a 8.2% share of global exports. It was followed by Norway, with a 4.9% share.

In India, exports of granite, sandstone and other building stone decreased by an average annual rate of -16.3% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Brazil (-14.8% per year) and Norway (+1.2% per year).

Granite, Sandstone and Other Building Stone - Market Forecast

Driven by increasing demand for granite, sandstone and other building stone worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Granite, Sandstone and Other Building Stone - Top Companies

Duilongdeqing District Ma Township Shexing Red Soil Mining Rough Machining Farme r Specialty Cooperative, BORAL RESOURCES (NSW) PTY LTD, SUASHISH DIAMOND BOTSWANA PVT, SOCIETE MINIERE DE BAKWANGA, Rheinkalk GmbH, PNK, PAO, Graymont Western US Inc., Cli Holdings Inc, Jiangsu Seiko Special Material Co., Ltd., Jiangsu Jinggong Tools Co., Ltd., Salsali Marble Mines And Factories Complex, Mitteldeutsche Hartstein-Industrie AG, Carmeuse SA, Gansu Tengdaxi Iron Resource Holding Group Co.,Ltd., Hamm, Inc., Bernegger GmbH, LSR. BAZOVYE, AO, ASMENT DE TEMARA, KPR, OOO, WORD PRECISE MACHINERY(CHINA)CO.,LTD

Granite - Product Coverage

  • HS 251611 - Granite; crude or roughly trimmed
  • HS 251612 - Granite; merely cut, by sawing or otherwise, into blocks or slabs of a rectangular (including square) shape
  • HS 251620 - Sandstone;. whether or not roughly trimmed, cut, by sawing etc, into blocks or slabs of a rectangular (including square) shape
  • HS 251690 - Monumental or building stone; n.e.s. in heading no. 2516, whether or not roughly trimmed or merely cut, by sawing or otherwise, into blocks or slabs of a rectangular (including square) shape

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for granite, sandstone and other building stone. 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 08111233 - Granite, crude or roughly trimmed
  • Prodcom 08111236 - Granite merely cut into rectangular (including square) blocks or slabs
  • Prodcom 08111250 - Sandstone
  • Prodcom 08111290 - Porphyry, basalt, quartzites and other monumental or building stone, crude, roughly trimmed or merely cut (excluding calcareous monumental or building stone of a gravity . 2,5, g ranite and sandstone)

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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While China Still Dominates Global Granite, Sandstone, and Other Building Stone Market, Russia Emerges as the Fastest Growing Consumer
Aug 21, 2020
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The global market for granite, sandstone and other building stone dropped modestly to $71.7B in 2019, remaining...

Which Country Imports the Most Setts, Curbstones and Flagstones of Natural Stone in the World?
Jul 26, 2018
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In value terms, setts, curbstones and flagstones of natural stone imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the tr...

Which Country Imports the Most Monumental and Building Stone in the World?
Jul 26, 2018
Eye 738

In value terms, monumental and building stone imports stood at $X in 2016. In general, monumental and building stone imports continue to indicate a relatively flat trend pattern. Over the period und...

Which Country Imports the Most Stone and Other Mineral Substances in the World?
Jul 26, 2018
Eye 719

In value terms, stone and other mineral substances imports amounted to $X in 2016. Overall, it indicated a remarkable increase from 2007 to 2016: the total imports value increased at an average annua...

Which Country Exports the Most Setts, Curbstones and Flagstones of Natural Stone in the World?
Jul 26, 2018
Eye 613

In value terms, setts, curbstones and flagstones of natural stone exports stood at $X in 2016. In general, setts, curbstones and flagstones of natural stone exports continue to indicate a slight co...

Which Country Exports the Most Monumental and Building Stone in the World?
Jul 26, 2018
Eye 641

In value terms, monumental and building stone exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some not...

Which Country Exports the Most Stone and Other Mineral Substances in the World?
Jul 26, 2018
Eye 638

In value terms, stone and other mineral substances exports stood at $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total exports value increased at an average annual rate ...

Which Country Imports the Most Granite in the World?
May 28, 2018
Eye 10081

In 2016, the amount of stone imported worldwide stood at X tons, declining by -X% against the previous year level. Overall, stone imports continue to indicate a perceptible decrease. The most pr...

Which Country Exports the Most Granite in the World?
May 28, 2018
Eye 719

In 2016, the amount of stone imported worldwide stood at X tons, declining by -X% against the previous year level. Overall, stone imports continue to indicate a perceptible decrease. The most pr...

Free Data: Granite, Sandstone And Other Building Stone - World