Brazil: Market for Granules, Chippings And Powder Of Monumental Stone 2024

Market Size for Granules, Chippings And Powder Of Monumental Stone in Brazil

The Brazilian market for granules, chippings and powder of monumental stone was finally on the rise to reach $X in 2021, after four years of decline. Overall, consumption, however, continues to indicate a deep slump. Monumental stone granules and powder consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Granules, Chippings And Powder Of Monumental Stone in Brazil

In value terms, monumental stone granules and powder production stood at $X in 2021 estimated in export price. In general, production, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2016 with an increase of 22%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Granules, Chippings And Powder Of Monumental Stone

Exports from Brazil

In 2021, overseas shipments of granules, chippings and powder of monumental stone decreased by -50.6% to X tons, falling for the second year in a row after three years of growth. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 1,006%. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, monumental stone granules and powder exports surged to $X in 2021. Over the period under review, exports, however, saw prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of 355%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Bolivia (X tons) was the main destination for monumental stone granules and powder exports from Brazil, with a 83% share of total exports. Moreover, monumental stone granules and powder exports to Bolivia exceeded the volume sent to the second major destination, Paraguay (X tons), eightfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Bolivia stood at +37.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+36.4% per year) and China (+106.3% per year).

In value terms, China ($X) emerged as the key foreign market for granules, chippings and powder of monumental stone exports from Brazil, comprising 53% of total exports. The second position in the ranking was taken by Paraguay ($X), with a 19% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to China amounted to +104.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+24.3% per year) and Bolivia (+23.8% per year).

Export Prices by Country

The average export price for granules, chippings and powder of monumental stone stood at $X per ton in 2021, jumping by 233% against the previous year. In general, the export price, however, showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 695% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Bolivia ($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 the United Arab Emirates (+19.1%), while the prices for the other major destinations experienced a decline.

Imports of Granules, Chippings And Powder Of Monumental Stone

Imports into Brazil

In 2021, purchases abroad of granules, chippings and powder of monumental stone decreased by -23.2% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, imports saw a sharp slump. The pace of growth was the most pronounced in 2018 when imports increased by 55%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, monumental stone granules and powder imports skyrocketed to $X in 2021. Overall, imports faced a deep setback. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, France (X tons) constituted the largest supplier of monumental stone granules and powder to Brazil, with a 85% share of total imports. Moreover, monumental stone granules and powder imports from France exceeded the figures recorded by the second-largest supplier, Portugal (X tons), more than tenfold. The United States (X tons) ranked third in terms of total imports with a 3.5% share.

From 2012 to 2021, the average annual growth rate of volume from France stood at -8.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (0.0% per year) and the United States (-18.8% per year).

In value terms, France ($X) constituted the largest supplier of granules, chippings and powder of monumental stone to Brazil, comprising 68% of total imports. The second position in the ranking was held by the United States ($X), with a 15% share of total imports. It was followed by Portugal, with a 7.4% share.

From 2012 to 2021, the average annual growth rate of value from France stood at -6.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-14.5% per year) and Portugal (0.0% per year).

Import Prices by Country

In 2021, the average import price for granules, chippings and powder of monumental stone amounted to $X per ton, increasing by 59% against the previous year. Overall, import price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +8.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the average import price increased by 65%. Over the period under review, average import prices reached the peak figure in 2021 and is likely to continue growth in years to come.

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 ($X per ton), while the price for France ($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 (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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