Angola: Marble And Travertine Market 2022

Marble And Travertine Market Size in Angola

After two years of decline, the Angolan marble and travertine market increased by 9.8% to $X in 2021. In general, the total consumption indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -27.4% against 2018 indices. Marble and travertine consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Marble And Travertine Production in Angola

In value terms, marble and travertine production rose significantly to $X in 2021 estimated in export price. Over the period under review, the total production indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -27.1% against 2018 indices. The growth pace was the most rapid in 2015 when the production volume increased by 36%. Marble and travertine production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Marble And Travertine Exports

Exports from Angola

In 2021, exports of marble and travertine from Angola surged to X tons, jumping by 35% compared with the previous year's figure. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 230%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, marble and travertine exports skyrocketed to $X in 2021. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2016 when exports increased by 204% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for marble and travertine exports from Angola, accounting for a 69% share of total exports. Moreover, marble and travertine exports to China exceeded the volume sent to the second major destination, Italy (X tons), fourfold. The third position in this ranking was taken by Taiwan (Chinese) (X tons), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to China stood at +28.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+94.3% per year) and Taiwan (Chinese) (+63.3% per year).

In value terms, the largest markets for marble and travertine exported from Angola were China ($X), Italy ($X) and Taiwan (Chinese) ($X), with a combined 93% share of total exports.

In terms of the main countries of destination, Italy, with a CAGR of +100.6%, saw the highest growth rate of 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

The average marble and travertine export price stood at $X per ton in 2021, picking up by 12% against the previous year. Over the period under review, the export price, however, saw a mild shrinkage. The pace of growth appeared the most rapid in 2014 an increase of 30% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: 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 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+3.2%), while the prices for the other major destinations experienced a decline.

Marble And Travertine Imports

Imports into Angola

Marble and travertine imports into Angola reduced to X tons in 2021, shrinking by -10.7% against 2020 figures. Over the period under review, imports recorded a precipitous shrinkage. The pace of growth appeared the most rapid in 2015 when imports increased by 127% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, marble and travertine imports contracted to $X in 2021. Overall, imports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2015 when imports increased by 113%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Portugal (X tons) constituted the largest marble and travertine supplier to Angola, accounting for a 83% share of total imports. Moreover, marble and travertine imports from Portugal exceeded the figures recorded by the second-largest supplier, China (X tons), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Portugal totaled -20.6%.

In value terms, Portugal ($X) constituted the largest supplier of marble and travertine to Angola, comprising 96% of total imports. The second position in the ranking was held by China ($X), with a 4.2% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Portugal stood at -21.5%.

Import Prices by Country

In 2021, the average marble and travertine import price amounted to $X per ton, reducing by -2.6% against the previous year. Overall, the import price recorded a perceptible slump. The pace of growth was the most pronounced in 2014 an increase of 51%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Portugal ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+23.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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