Africa: Marble Building Stone Market 2025

Marble Building Stone Market Size in Africa

The African marble building stone market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption showed resilient growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Marble Building Stone Production in Africa

In value terms, marble building stone production skyrocketed to $X in 2021 estimated in export price. Overall, production saw a resilient expansion. The level of production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Marble Building Stone Exports

Exports in Africa

In 2021, shipments abroad of marble building stone decreased by -26.9% to X tons, falling for the second consecutive year after four years of growth. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 290% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, marble building stone exports surged to $X in 2021. The total export value increased at an average annual rate of +2.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Egypt prevails in exports structure, recording X tons, which was near 94% of total exports in 2021. The following exporters - Morocco (X tons) and Tunisia (X tons) - each reached a 3.7% share of total exports.

Exports from Egypt decreased at an average annual rate of -1.1% from 2012 to 2021. At the same time, Morocco (+14.1%) and Tunisia (+1.6%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing exporter exported in Africa, with a CAGR of +14.1% from 2012-2021. While the share of Egypt (-2.7 p.p.) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X) remains the largest marble building stone supplier in Africa, comprising 97% of total exports. The second position in the ranking was held by Morocco ($X), with a 1.2% share of total exports.

In Egypt, marble building stone exports expanded at an average annual rate of +2.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Morocco (+13.5% per year) and Tunisia (-3.4% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2021, increasing by 81% against the previous year. Overall, the export price posted a tangible increase. The most prominent rate of growth was recorded in 2020 an increase of 671%. Over the period under review, the export prices hit record highs in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+3.7%), while the other leaders experienced a decline in the export price figures.

Marble Building Stone Imports

Imports in Africa

In 2021, after two years of decline, there was significant growth in purchases abroad of marble building stone, when their volume increased by 41% to X tons. The total import volume increased at an average annual rate of +3.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when imports increased by 44%. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in the near future.

In value terms, marble building stone imports expanded sharply to $X in 2021. The total import value increased at an average annual rate of +1.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when imports increased by 57%. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Libya represented the key importer of marble building stone in Africa, with the volume of imports accounting for X tons, which was approx. 48% of total imports in 2021. Morocco (X tons) ranks second in terms of the total imports with a 32% share, followed by Algeria (5.1%). The following importers - Nigeria (X tons) and Tunisia (X tons) - each amounted to a 3.3% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Morocco (with a CAGR of +6.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest marble building stone importing markets in Africa were Libya ($X), Morocco ($X) and Algeria ($X), with a combined 73% share of total imports.

Morocco, with a CAGR of +5.1%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Africa stood at $X per ton in 2021, with a decrease of -22.9% against the previous year. Over the period under review, the import price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 an increase of 21% against the previous year. As a result, import price attained the peak level of $X per ton, and then declined sharply in the following year.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Algeria ($X per ton) and Tunisia ($X per ton), while Libya ($X per ton) and Morocco ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Algeria (+4.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :