Angola: Market for Marble And Travertine Blocks And Slabs 2024

Market Size for Marble And Travertine Blocks And Slabs in Angola

The Angolan marble and travertine blocks market dropped sharply to $X in 2022, falling by -19.4% against the previous year. Over the period under review, consumption saw a perceptible decline. Marble and travertine blocks consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Marble And Travertine Blocks And Slabs in Angola

In value terms, marble and travertine blocks production declined to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 32%. Marble and travertine blocks production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Marble And Travertine Blocks And Slabs

Exports from Angola

In 2022, shipments abroad of marble and travertine blocks and slabs was finally on the rise to reach X tons after two years of decline. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 1,002%. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, marble and travertine blocks exports soared to $X in 2022. Overall, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2016 when exports increased by 1,433% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for marble and travertine blocks exports from Angola, accounting for a 60% share of total exports. Moreover, marble and travertine blocks exports to China exceeded the volume sent to the second major destination, Portugal (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to China stood at +49.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+105.9% per year) and South Africa (+500.6% per year).

In value terms, China ($X) remains the key foreign market for marble and travertine blocks and slabs exports from Angola, comprising 73% of total exports. The second position in the ranking was taken by Portugal ($X), with an 11% share of total exports.

From 2012 to 2022, the average annual growth rate of value to China totaled +49.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+104.7% per year) and South Africa (+405.6% per year).

Export Prices by Country

The average marble and travertine blocks export price stood at $X per ton in 2022, which is down by -8.9% against the previous year. In general, the export price saw a slight decrease. The pace of growth appeared the most rapid in 2013 when the average export price increased by 116% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 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 China ($X per ton), while the average price for exports to South Africa ($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 China (+0.1%), while the prices for the other major destinations experienced a decline.

Imports of Marble And Travertine Blocks And Slabs

Imports into Angola

In 2022, the amount of marble and travertine blocks and slabs imported into Angola reduced to X tons, waning by -13.1% against 2021 figures. Over the period under review, imports continue to indicate a deep contraction. The growth pace was the most rapid in 2013 when imports increased by 128%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, marble and travertine blocks imports contracted notably to $X in 2022. In general, imports continue to indicate a dramatic descent. The growth pace was the most rapid in 2021 with an increase of 79%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Portugal (X tons), China (X tons) and Italy (X tons) were the main suppliers of marble and travertine blocks imports to Angola, together comprising 60% of total imports. India, Greece, Spain and Turkey lagged somewhat behind, together comprising a further 14%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of -4.9%), while imports for the other leaders experienced a decline.

In value terms, Spain ($X), Portugal ($X) and Italy ($X) were the largest marble and travertine blocks suppliers to Angola, together comprising 65% of total imports.

In terms of the main suppliers, Spain, with a CAGR of -9.9%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average marble and travertine blocks import price stood at $X per ton in 2022, waning by -10.4% against the previous year. In general, the import price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2018 an increase of 46% against the previous year. Over the period under review, average import prices hit record highs 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 ($X per ton), while the price for India ($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 (+21.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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