Algeria: Market for Marble And Travertine 2024

Market Size for Marble And Travertine in Algeria

The Algerian marble and travertine crude market totaled $X in 2022, remaining stable against the previous year. In general, consumption showed a abrupt decrease. Marble and travertine crude consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Marble And Travertine in Algeria

In value terms, marble and travertine crude production amounted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2018 when the production volume increased by 16%. Marble and travertine crude production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Marble And Travertine

Exports from Algeria

In 2022, approx. X tons of marble and travertine were exported from Algeria; declining by -31.8% against the previous year's figure. Over the period under review, exports recorded a mild setback. The growth pace was the most rapid in 2021 with an increase of 209% against the previous year. Over the period under review, the crude exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, marble and travertine crude exports reduced dramatically to $X in 2022. In general, exports recorded a noticeable setback. The pace of growth was the most pronounced in 2018 with an increase of 248% against the previous year. Over the period under review, the crude exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X tons) was the main destination for marble and travertine crude exports from Algeria, accounting for a 46% share of total exports. Moreover, marble and travertine crude exports to Italy exceeded the volume sent to the second major destination, Spain (X tons), tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy stood at -8.5%.

In value terms, Italy ($X) remains the key foreign market for marble and travertine exports from Algeria, comprising 47% of total exports. The second position in the ranking was held by Spain ($X), with a 3.4% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Italy totaled -10.0%.

Export Prices by Country

In 2022, the average marble and travertine crude export price amounted to $X per ton, approximately mirroring the previous year. Overall, the export price saw a slight setback. The most prominent rate of growth was recorded in 2020 an increase of 77% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Spain amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (-0.1%), while the prices for the other major destinations experienced a decline.

Imports of Marble And Travertine

Imports into Algeria

In 2022, purchases abroad of marble and travertine increased by 6.4% to X tons for the first time since 2012, thus ending a nine-year declining trend. Over the period under review, imports, however, recorded a sharp descent. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, marble and travertine crude imports expanded sharply to $X in 2022. In general, imports, however, showed a dramatic downturn. Over the period under review, crude imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Greece (X tons) constituted the largest marble and travertine crude supplier to Algeria, accounting for a 44% share of total imports. Moreover, marble and travertine crude imports from Greece exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Greece stood at -10.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-51.6% per year) and Spain (-20.0% per year).

In value terms, Greece ($X) constituted the largest supplier of marble and travertine to Algeria, comprising 43% of total imports. The second position in the ranking was held by Italy ($X), with a 5.6% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Greece stood at -8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-50.5% per year) and Spain (-27.4% per year).

Import Prices by Country

In 2022, the average marble and travertine crude import price amounted to $X per ton, leveling off at the previous year. In general, the import price, however, showed a mild shrinkage. The growth pace was the most rapid in 2013 an increase of 4.7%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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