Angola: Market for Marble And Travertine 2024

Market Size for Marble And Travertine in Angola

The Angolan marble and travertine crude market contracted to $X in 2022, which is down by -6.4% against the previous year. Overall, consumption recorded a perceptible curtailment. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Marble And Travertine in Angola

In value terms, marble and travertine crude production fell to $X in 2022 estimated in export price. In general, production recorded a noticeable descent. The growth pace was the most rapid in 2018 with an increase of 55%. Over the period under review, crude production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Marble And Travertine

Exports from Angola

In 2022, after two years of growth, there was significant decline in overseas shipments of marble and travertine, when their volume decreased by -20.6% to X tons. Overall, exports recorded a perceptible slump. The most prominent rate of growth was recorded in 2018 with an increase of 169%. Over the period under review, the crude exports attained the peak figure at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, marble and travertine crude exports contracted notably to $X in 2022. Over the period under review, exports, however, posted a measured increase. The pace of growth appeared the most rapid in 2017 with an increase of 169% against the previous year. Over the period under review, the crude exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for marble and travertine crude exports from Angola, accounting for a 55% share of total exports. Moreover, marble and travertine crude exports to China exceeded the volume sent to the second major destination, Italy (X tons), fourfold. Portugal (X tons) ranked third in terms of total exports with a 15% share.

From 2012 to 2022, the average annual growth rate of volume to China totaled +9.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+14.5% per year) and Portugal (-16.0% per year).

In value terms, the largest markets for marble and travertine crude exported from Angola were China ($X), Italy ($X) and Taiwan (Chinese) ($X), with a combined 80% share of total exports.

Among the main countries of destination, Italy, with a CAGR of +28.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average marble and travertine crude export price amounted to $X per ton, with a decrease of -3.9% against the previous year. Over the period under review, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, marble and travertine crude export price increased by +46.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 53% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to China ($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 Italy (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Marble And Travertine

Imports into Angola

In 2022, after nine years of decline, there was significant growth in purchases abroad of marble and travertine, when their volume increased by 34% to X tons. Overall, imports, however, recorded a precipitous decline. 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 rose rapidly to $X in 2022. Over the period under review, imports, however, showed a sharp descent. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Italy (X tons) was the main marble and travertine crude supplier to Angola, accounting for a 92% share of total imports. Moreover, marble and travertine crude imports from Italy exceeded the figures recorded by the second-largest supplier, Spain (X kg), more than tenfold. China (X kg) ranked third in terms of total imports with a 1.8% share.

From 2012 to 2022, the average annual growth rate of volume from Italy amounted to -15.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-38.2% per year) and China (-45.4% per year).

In value terms, Italy ($X) constituted the largest supplier of marble and travertine to Angola, comprising 87% of total imports. The second position in the ranking was held by Spain ($X), with an 11% share of total imports. It was followed by Portugal, with a 1.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy stood at -30.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-31.1% per year) and Portugal (-48.3% per year).

Import Prices by Country

In 2022, the average marble and travertine crude import price amounted to $X per ton, waning by -18.9% against the previous year. Overall, the import price recorded a perceptible contraction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 40%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+11.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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