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

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

The Australian marble granules and powder market expanded markedly to $X in 2021, growing by 7.1% against the previous year. In general, the total consumption indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +2.4% 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 -6.2% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Production of Granules, Chippings And Powder Of Marble in Australia

In value terms, marble granules and powder production expanded sharply to $X in 2021 estimated in export price. Overall, the total production indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +2.7% 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 -6.5% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by 34%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Granules, Chippings And Powder Of Marble

Exports from Australia

In 2021, shipments abroad of granules, chippings and powder of marble decreased by -74.6% to X tons, falling for the second year in a row after two years of growth. Overall, exports showed a perceptible decrease. The pace of growth was the most pronounced in 2018 when exports increased by 2,158%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, marble granules and powder exports shrank remarkably to $X in 2021. In general, exports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2018 when exports increased by 1,614%. Over the period under review, the exports attained the maximum 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 granules and powder exports from Australia, with a 72% share of total exports. Moreover, marble granules and powder exports to China exceeded the volume sent to the second major destination, Indonesia (X tons), ninefold. The third position in this ranking was held by Singapore (X tons), with an 8% share.

From 2012 to 2021, the average annual growth rate of volume to China amounted to +25.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (-8.8% per year) and Singapore (-11.3% per year).

In value terms, China ($X) remains the key foreign market for granules, chippings and powder of marble exports from Australia, comprising 58% of total exports. The second position in the ranking was held by New Zealand ($X), with an 11% share of total exports. It was followed by Singapore, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China totaled +30.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (+13.2% per year) and Singapore (+2.0% per year).

Export Prices by Country

In 2021, the average marble granules and powder export price amounted to $X per ton, rising by 82% against the previous year. Over the period under review, the export price continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2013 an increase of 127%. Over the period under review, the average export prices hit record highs in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while the average price for exports to Indonesia ($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 Singapore (+15.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Granules, Chippings And Powder Of Marble

Imports into Australia

In 2021, approx. X tons of granules, chippings and powder of marble were imported into Australia; almost unchanged from the year before. Over the period under review, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2015 when imports increased by 741% against the previous year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, marble granules and powder imports soared to $X in 2021. In general, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2015 when imports increased by 511% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

Vietnam (X tons), China (X tons) and India (X tons) were the main suppliers of marble granules and powder imports to Australia, with a combined 53% share of total imports.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +89.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), China ($X) and Italy ($X) appeared to be the largest marble granules and powder suppliers to Australia, together accounting for 45% of total imports. These countries were followed by India, Turkey and the United States, which together accounted for a further 19%.

India, with a CAGR of +62.2%, recorded the highest growth rate of 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

In 2021, the average marble granules and powder import price amounted to $X per ton, jumping by 39% against the previous year. In general, the import price, however, showed a mild decline. The most prominent rate of growth was recorded in 2019 when the average import price increased by 46% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a 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 the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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