Africa: Market for Marble And Travertine Blocks And Slabs 2024

Market Size for Marble And Travertine Blocks And Slabs in Africa

The African marble and travertine blocks market declined modestly to $X in 2022, standing approx. at the previous year. Overall, consumption, however, saw a noticeable descent. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Marble And Travertine Blocks And Slabs in Africa

In value terms, marble and travertine blocks production declined to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2021 with an increase of 12%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Marble And Travertine Blocks And Slabs

Exports in Africa

Marble and travertine blocks exports skyrocketed to X tons in 2022, picking up by 359% against the year before. Overall, exports continue to indicate a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, marble and travertine blocks exports skyrocketed to $X in 2022. Over the period under review, exports showed notable growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Egypt prevails in exports structure, recording X tons, which was approx. 82% of total exports in 2022. Namibia (X tons) took the second position in the ranking, followed by Tunisia (X tons). All these countries together held approx. 14% share of total exports. Morocco (X tons) took a minor share of total exports.

Exports from Egypt increased at an average annual rate of +12.8% from 2012 to 2022. At the same time, Namibia (+18.6%), Tunisia (+3.5%) and Morocco (+3.3%) displayed positive paces of growth. Moreover, Namibia emerged as the fastest-growing exporter exported in Africa, with a CAGR of +18.6% from 2012-2022. From 2012 to 2022, the share of Egypt and Namibia increased by +4.8 and +4 percentage points, respectively.

In value terms, Egypt ($X) emerged as the largest marble and travertine blocks supplier in Africa, comprising 71% of total exports. The second position in the ranking was taken by Namibia ($X), with a 17% share of total exports. It was followed by Tunisia, with a 6.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Egypt was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Namibia (+21.6% per year) and Tunisia (+7.4% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, waning by -36.3% against the previous year. In general, the export price showed a abrupt contraction. The pace of growth appeared the most rapid in 2020 an increase of 175% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Namibia ($X per ton), while Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+3.9%), while the other leaders experienced mixed trends in the export price figures.

Imports of Marble And Travertine Blocks And Slabs

Imports in Africa

In 2022, approx. X tons of marble and travertine blocks and slabs were imported in Africa; growing by 11% against the year before. Over the period under review, imports, however, recorded a pronounced decrease. The growth pace was the most rapid in 2019 when imports increased by 33% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, marble and travertine blocks imports stood at $X in 2022. In general, imports, however, continue to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2019 when imports increased by 32%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Algeria represented the main importer of marble and travertine blocks and slabs in Africa, with the volume of imports reaching X tons, which was approx. 53% of total imports in 2022. It was distantly followed by Tunisia (X tons), Libya (X tons) and Sudan (X tons), together constituting a 38% share of total imports. Morocco (X tons) and South Africa (X tons) held a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Sudan (with a CAGR of +26.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Algeria ($X) constitutes the largest market for imported marble and travertine blocks and slabs in Africa, comprising 59% of total imports. The second position in the ranking was taken by Tunisia ($X), with an 18% share of total imports. It was followed by Sudan, with a 4.4% share.

In Algeria, marble and travertine blocks imports increased at an average annual rate of +2.2% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Tunisia (+2.4% per year) and Sudan (+15.9% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, dropping by -6.3% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the import price increased by 8%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Morocco ($X per ton), while Tunisia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+6.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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