Argentina: Marble And Travertine Market 2022

Marble And Travertine Market Size in Argentina

After four years of decline, the Argentinian marble and travertine market increased by 4.2% to $X in 2021. Over the period under review, consumption, however, recorded a noticeable slump. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Marble And Travertine Production in Argentina

In value terms, marble and travertine production stood at $X in 2021 estimated in export price. In general, production, however, continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2016 with an increase of 14% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

Marble And Travertine Exports

Exports from Argentina

In 2021, marble and travertine exports from Argentina surged to X tons, rising by 142% against 2020. Overall, exports, however, saw a abrupt downturn. The growth pace was the most rapid in 2018 when exports increased by 189% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, marble and travertine exports soared to $X in 2021. In general, exports, however, recorded a dramatic downturn. The most prominent rate of growth was recorded in 2018 with an increase of 63% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Brazil (X tons) was the main destination for marble and travertine exports from Argentina, accounting for a 65% share of total exports. Moreover, marble and travertine exports to Brazil exceeded the volume sent to the second major destination, China (X tons), twofold. The third position in this ranking was taken by Italy (X tons), with a 2.6% share.

From 2012 to 2021, the average annual growth rate of volume to Brazil totaled +28.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+11.6% per year) and Italy (-17.5% per year).

In value terms, the largest markets for marble and travertine exported from Argentina were Brazil ($X), China ($X) and Italy ($X), together accounting for 59% of total exports.

Among the main countries of destination, Brazil, with a CAGR of -13.1%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average marble and travertine export price stood at $X per ton in 2021, declining by -34.4% against the previous year. In general, the export price saw a sharp contraction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 29% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Chile ($X per ton), while the average price for exports to Brazil ($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 Chile (+1.7%), while the prices for the other major destinations experienced a decline.

Marble And Travertine Imports

Imports into Argentina

Marble and travertine imports into Argentina reduced markedly to X tons in 2021, waning by -44.5% against 2020. Overall, imports saw a sharp descent. The pace of growth appeared the most rapid in 2014 with an increase of 1,004%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, marble and travertine imports declined dramatically to $X in 2021. In general, imports recorded a sharp descent. The pace of growth appeared the most rapid in 2014 when imports increased by 968%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Egypt (X tons), Spain (X tons) and the United States (X kg) were the main suppliers of marble and travertine imports to Argentina, together accounting for 99.9% of total imports.

From 2012 to 2021, the biggest increases were in Egypt (with a CAGR of +3.9%), while purchases for the other leaders experienced a decline.

In value terms, Spain ($X) constituted the largest supplier of marble and travertine to Argentina, comprising 77% of total imports. The second position in the ranking was held by Egypt ($X), with a 21% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Spain stood at -13.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+2.1% per year) and the United States (-36.6% per year).

Import Prices by Country

In 2021, the average marble and travertine import price amounted to $X per ton, with an increase of 42% against the previous year. In general, the import price posted a resilient increase. The pace of growth appeared the most rapid in 2017 an increase of 116% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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