Benelux: Market for Marble And Travertine 2024

Market Size for Marble And Travertine in Benelux

The Benelux marble and travertine crude market reduced to $X in 2022, dropping by -5.3% against the previous year. Overall, consumption continues to indicate a noticeable setback. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Marble And Travertine in Benelux

In value terms, marble and travertine crude production declined to $X in 2022 estimated in export price. Over the period under review, production saw a pronounced slump. The most prominent rate of growth was recorded in 2016 with an increase of 37%. Over the period under review, crude production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Marble And Travertine

Exports in Benelux

In 2022, shipments abroad of marble and travertine decreased by -55% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, exports showed a abrupt slump. The growth pace was the most rapid in 2017 with an increase of 184% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, marble and travertine crude exports shrank to $X in 2022. Over the period under review, exports recorded a deep contraction. The growth pace was the most rapid in 2014 when exports increased by 80%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the crude exports failed to regain momentum.

Exports by Country

In 2022, the Netherlands (X tons), followed by Belgium (X tons) represented the major exporters of marble and travertine, together achieving 100% of total exports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of -16.0%).

In value terms, the Netherlands ($X) emerged as the largest marble and travertine crude supplier in Benelux, comprising 72% of total exports. The second position in the ranking was held by Belgium ($X), with a 28% share of total exports.

In the Netherlands, marble and travertine crude exports remained relatively stable over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, rising by 122% against the previous year. Overall, the export price recorded a buoyant increase. The most prominent rate of growth was recorded in 2018 when the export price increased by 123%. Over the period under review, the export prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+18.8%).

Imports of Marble And Travertine

Imports in Benelux

In 2022, approx. X tons of marble and travertine were imported in Benelux; which is down by -12.5% compared with the year before. Overall, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of 116%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of crude imports remained at a lower figure.

In value terms, marble and travertine crude imports dropped rapidly to $X in 2022. In general, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by 166% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of crude imports remained at a somewhat lower figure.

Imports by Country

The Netherlands was the largest importing country with an import of about X tons, which amounted to 74% of total imports. It was distantly followed by Belgium (X tons), generating a 24% share of total imports. Luxembourg (X tons) followed a long way behind the leaders.

The Netherlands was also the fastest-growing in terms of the marble and travertine imports, with a CAGR of +17.9% from 2012 to 2022. Luxembourg (-7.6%) and Belgium (-17.1%) illustrated a downward trend over the same period. The Netherlands (+66 p.p.) significantly strengthened its position in terms of the total imports, while Belgium saw its share reduced by -65.6% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported marble and travertine in Benelux, comprising 73% of total imports. The second position in the ranking was held by Belgium ($X), with a 25% share of total imports.

From 2012 to 2022, the average annual growth rate of value in the Netherlands stood at +31.1%. The remaining importing countries recorded the following average annual rates of imports growth: Belgium (-19.5% per year) and Luxembourg (-22.7% per year).

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, waning by -28.2% against the previous year. Over the period under review, the import price continues to indicate a pronounced decrease. The pace of growth was the most pronounced in 2018 an increase of 55% against the previous year. The level of import peaked at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Luxembourg ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform