Algeria: Market for Marble And Travertine Blocks And Slabs 2024

Market Size for Marble And Travertine Blocks And Slabs in Algeria

After two years of decline, the Algerian marble and travertine blocks market increased by 3.5% to $X in 2022. Over the period under review, the total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -26.7% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Exports of Marble And Travertine Blocks And Slabs

Exports from Algeria

Marble and travertine blocks exports from Algeria contracted sharply to X tons in 2022, with a decrease of -20.5% compared with the year before. In general, exports, however, saw a significant increase. The growth pace was the most rapid in 2014 with an increase of 257% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, marble and travertine blocks exports reduced rapidly to $X in 2022. Over the period under review, exports, however, posted a significant expansion. The growth pace was the most rapid in 2014 with an increase of 207% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then reduced sharply in the following year.

Exports by Country

Italy (X tons) was the main destination for marble and travertine blocks exports from Algeria, accounting for a 32% share of total exports. Moreover, marble and travertine blocks exports to Italy exceeded the volume sent to the second major destination, Spain (X tons), twofold. The third position in this ranking was held by Tunisia (X tons), with a 9.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy totaled +26.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+31.5% per year) and Tunisia (+15.9% per year).

In value terms, Italy ($X) emerged as the key foreign market for marble and travertine blocks and slabs exports from Algeria, comprising 39% of total exports. The second position in the ranking was held by Spain ($X), with a 6.4% share of total exports. It was followed by Turkey, with a 4.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy amounted to +41.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+32.5% per year) and Turkey (+240.0% per year).

Export Prices by Country

The average marble and travertine blocks export price stood at $X per ton in 2022, declining by -15.3% against the previous year. Overall, the export price, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2018 an increase of 120% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2021, and then dropped significantly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Tunisia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+46.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Marble And Travertine Blocks And Slabs

Imports into Algeria

In 2022, purchases abroad of marble and travertine blocks and slabs increased by 6.8% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, total imports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.1% against 2018 indices. The most prominent rate of growth was recorded in 2019 with an increase of 93% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, marble and travertine blocks imports rose slightly to $X in 2022. Over the period under review, total imports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -26.6% against 2019 indices. The most prominent rate of growth was recorded in 2019 when imports increased by 88%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Turkey (X tons), Italy (X tons) and Greece (X tons) were the main suppliers of marble and travertine blocks imports to Algeria, together accounting for 54% of total imports. Spain, Portugal, Oman and Egypt lagged somewhat behind, together comprising a further 12%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +36.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Italy ($X) and Greece ($X) appeared to be the largest marble and travertine blocks suppliers to Algeria, with a combined 48% share of total imports. Spain, Oman, Portugal and Egypt lagged somewhat behind, together comprising a further 14%.

Spain, with a CAGR of +31.9%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average marble and travertine blocks import price amounted to $X per ton, dropping by -4.3% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 16% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Oman ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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