Argentina: Market for Granules, Chippings And Powder Of Marble 2024

Market Size for Granules, Chippings And Powder Of Marble in Argentina

The Argentinian marble granules and powder market expanded notably to $X in 2021, growing by 12% against the previous year. The market value increased at an average annual rate of +2.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Marble granules and powder consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Production of Granules, Chippings And Powder Of Marble in Argentina

In value terms, marble granules and powder production expanded remarkably to $X in 2021 estimated in export price. Over the period under review, the total production indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +2.9% 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 -10.4% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by 49% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Exports of Granules, Chippings And Powder Of Marble

Exports from Argentina

For the sixth year in a row, Argentina recorded growth in overseas shipments of granules, chippings and powder of marble, which increased by 87% to X tons in 2021. Over the period under review, exports recorded a significant increase. The pace of growth was the most pronounced in 2013 when exports increased by 484% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, marble granules and powder exports surged to $X in 2021. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 748% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

Chile (X tons) was the main destination for marble granules and powder exports from Argentina, with a 98% share of total exports. It was followed by Bolivia (X tons), with a 1.5% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Chile amounted to +101.0%.

In value terms, Chile ($X) remains the key foreign market for granules, chippings and powder of marble exports from Argentina, comprising 99% of total exports. The second position in the ranking was held by Bolivia ($X), with a 0.5% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Chile amounted to +107.5%.

Export Prices by Country

The average marble granules and powder export price stood at $X per ton in 2021, reducing by -14.2% against the previous year. Overall, the export price recorded a noticeable contraction. The pace of growth appeared the most rapid in 2013 when the average export price increased by 45% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to Bolivia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+3.2%).

Imports of Granules, Chippings And Powder Of Marble

Imports into Argentina

In 2021, marble granules and powder imports into Argentina contracted sharply to X tons, waning by -45.5% on the year before. Over the period under review, imports recorded a deep setback. The pace of growth was the most pronounced in 2017 with an increase of 26%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, marble granules and powder imports reduced dramatically to $X in 2021. Overall, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2017 when imports increased by 30% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Italy (X tons), Spain (X tons) and Turkey (X tons) were the main suppliers of marble granules and powder imports to Argentina, together comprising 43% of total imports. Vietnam, France and Austria lagged somewhat behind, together comprising a further 12%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +93.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Spain ($X) and Turkey ($X) constituted the largest marble granules and powder suppliers to Argentina, together comprising 52% of total imports. These countries were followed by Vietnam, Austria and France, which together accounted for a further 17%.

Austria, with a CAGR of +99.4%, 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

The average marble granules and powder import price stood at $X per ton in 2021, picking up by 5.6% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2021: its price increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, marble granules and powder import price decreased by -3.4% against 2019 indices. The pace of growth was the most pronounced in 2019 when the average import price increased by 28%. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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