Australia: Market for Marble And Travertine Blocks And Slabs 2024

Market Size for Marble And Travertine Blocks And Slabs in Australia

In 2022, the Australian marble and travertine blocks market increased by 4.1% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, showed a abrupt shrinkage. Marble and travertine blocks consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Marble And Travertine Blocks And Slabs in Australia

In value terms, marble and travertine blocks production shrank modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2018 with an increase of 14%. Marble and travertine blocks production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Marble And Travertine Blocks And Slabs

Exports from Australia

In 2022, approx. X tons of marble and travertine blocks and slabs were exported from Australia; with a decrease of -10.2% compared with the year before. In general, exports, however, showed a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of 335%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, marble and travertine blocks exports dropped remarkably to $X in 2022. Overall, exports recorded a perceptible descent. The pace of growth was the most pronounced in 2021 with an increase of 517% against the previous year. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Italy (X tons) was the main destination for marble and travertine blocks exports from Australia, accounting for a 34% share of total exports. Moreover, marble and travertine blocks exports to Italy exceeded the volume sent to the second major destination, China (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-11.4% per year) and Saudi Arabia (0.0% per year).

In value terms, Italy ($X) remains the key foreign market for marble and travertine blocks and slabs exports from Australia, comprising 153% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 28% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Italy stood at +2.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (0.0% per year) and China (-14.8% per year).

Export Prices by Country

The average marble and travertine blocks export price stood at $X per ton in 2022, with a decrease of -52.1% against the previous year. Over the period under review, the export price recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 an increase of 42%. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to China ($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 Italy (+1.9%), while the prices for the other major destinations experienced a decline.

Imports of Marble And Travertine Blocks And Slabs

Imports into Australia

In 2022, after two years of decline, there was significant growth in overseas purchases of marble and travertine blocks and slabs, when their volume increased by 8,335% to X tons. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, marble and travertine blocks imports skyrocketed to $X in 2022. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Italy (X tons), China (X tons) and Egypt (X tons) were the main suppliers of marble and travertine blocks imports to Australia, with a combined 2.2% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Egypt (with a CAGR of +6.1%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Italy ($X) constituted the largest supplier of marble and travertine blocks and slabs to Australia, comprising 2.6% of total imports. The second position in the ranking was held by China ($X), with a 0.4% share of total imports. It was followed by Egypt, with a 0.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (-20.2% per year) and Egypt (+19.4% per year).

Import Prices by Country

The average marble and travertine blocks import price stood at $X per ton in 2022, reducing by -46.3% against the previous year. Over the period under review, the import price recorded a slight shrinkage. The growth pace was the most rapid in 2017 when the average import price increased by 222% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then shrank dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+12.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :