Austria: Market for Marble And Travertine 2024

Market Size for Marble And Travertine in Austria

The Austrian marble and travertine crude market shrank to $X in 2022, which is down by -4.7% against the previous year. In general, consumption continues to indicate a perceptible decline. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Production of Marble And Travertine in Austria

In value terms, marble and travertine crude production dropped to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt decrease. The most prominent rate of growth was recorded in 2015 with an increase of 35%. Marble and travertine crude production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Marble And Travertine

Exports from Austria

In 2022, the amount of marble and travertine exported from Austria soared to X tons, with an increase of 80% on the year before. Over the period under review, exports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 1,240% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, marble and travertine crude exports surged to $X in 2022. In general, exports, however, saw a dramatic downturn. The growth pace was the most rapid in 2020 when exports increased by 2,075% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons), Switzerland (X tons) and Croatia (X tons) were the main destinations of marble and travertine crude exports from Austria, with a combined 99% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Croatia (with a CAGR of +11.2%), while the other leaders experienced a decline.

In value terms, Germany ($X), Switzerland ($X) and Croatia ($X) were the largest markets for marble and travertine crude exported from Austria worldwide, together comprising 95% of total exports.

Among the main countries of destination, Croatia, with a CAGR of +14.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average marble and travertine crude export price amounted to $X per ton, reducing by -19.6% against the previous year. Over the period under review, the export price continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2020 when the average export price increased by 62%. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Croatia ($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 Croatia (+3.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Marble And Travertine

Imports into Austria

In 2022, purchases abroad of marble and travertine decreased by -18.8% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2013 when imports increased by 311% against the previous year. Over the period under review, crude imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, marble and travertine crude imports contracted notably to $X in 2022. In general, imports, however, continue to indicate slight growth. The most prominent rate of growth was recorded in 2020 when imports increased by 368% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of marble and travertine crude to Austria, with a 74% share of total imports. Moreover, marble and travertine crude imports from Germany exceeded the figures recorded by the second-largest supplier, Bosnia and Herzegovina (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at +4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Bosnia and Herzegovina (+52.5% per year) and Italy (+14.9% per year).

In value terms, Germany ($X) constituted the largest supplier of marble and travertine to Austria, comprising 72% of total imports. The second position in the ranking was taken by Bosnia and Herzegovina ($X), with a 24% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Bosnia and Herzegovina (+31.5% per year) and Italy (+14.6% per year).

Import Prices by Country

In 2022, the average marble and travertine crude import price amounted to $X per ton, which is down by -15% against the previous year. Overall, the import price showed a perceptible decline. The most prominent rate of growth was recorded in 2017 an increase of 69% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bosnia and Herzegovina ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+19.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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