Brazil: Marble And Travertine Market 2022

Marble And Travertine Market Size in Brazil

In 2021, the Brazilian marble and travertine market decreased by -4.8% to $X, falling for the fourth year in a row after two years of growth. In general, the total consumption indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -28.1% against 2017 indices. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Marble And Travertine Production in Brazil

In value terms, marble and travertine production dropped slightly to $X in 2021 estimated in export price. Overall, production enjoyed a remarkable increase. The growth pace was the most rapid in 2013 with an increase of 90%. Marble and travertine production peaked at $X in 2020, and then shrank slightly in the following year.

Marble And Travertine Exports

Exports from Brazil

In 2021, exports of marble and travertine from Brazil surged to X tons, jumping by 36% on the previous year. Over the period under review, exports showed a significant increase. The pace of growth was the most pronounced in 2014 when exports increased by 149% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, marble and travertine exports surged to $X in 2021. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2014 with an increase of 102%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the near future.

Exports by Country

China (X tons) was the main destination for marble and travertine exports from Brazil, with a 64% share of total exports. Moreover, marble and travertine exports to China exceeded the volume sent to the second major destination, Italy (X tons), twofold. Hong Kong SAR (X tons) ranked third in terms of total exports with a 3.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to China amounted to +47.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+9.5% per year) and Hong Kong SAR (+61.1% per year).

In value terms, China ($X), Italy ($X) and Taiwan (Chinese) ($X) were the largest markets for marble and travertine exported from Brazil worldwide, together accounting for 96% of total exports. The United States and Hong Kong SAR lagged somewhat behind, together accounting for a further 2.6%.

The United States, with a CAGR of +180.5%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average marble and travertine export price stood at $X per ton in 2021, jumping by 22% against the previous year. Over the period under review, export price indicated a noticeable increase from 2012 to 2021: its price increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, marble and travertine export price increased by +61.2% against 2019 indices. The pace of growth appeared the most rapid in 2015 when the average export price increased by 66%. Over the period under review, the average export prices attained the maximum in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to Hong Kong SAR ($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 China (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.

Marble And Travertine Imports

Imports into Brazil

In 2021, after three years of decline, there was significant growth in supplies from abroad of marble and travertine, when their volume increased by 45% to X tons. Overall, imports, however, showed a relatively flat trend pattern. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, marble and travertine imports skyrocketed to $X in 2021. In general, imports, however, recorded a slight setback. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Mexico (X tons), Turkey (X tons) and Italy (X tons) were the main suppliers of marble and travertine imports to Brazil, together accounting for 90% of total imports. These countries were followed by Portugal, Indonesia and Spain, which together accounted for a further 7.8%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Indonesia (with a CAGR of +46.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest marble and travertine suppliers to Brazil were Mexico ($X), Turkey ($X) and Italy ($X), with a combined 87% share of total imports. These countries were followed by Indonesia, Portugal and Spain, which together accounted for a further 9.5%.

Among the main suppliers, Indonesia, with a CAGR of +50.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average marble and travertine import price stood at $X per ton in 2021, picking up by 8.1% against the previous year. Overall, the import price, however, continues to indicate a mild contraction. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Indonesia ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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