China: Calcareous Building Stone Market 2024

Calcareous Building Stone Market Size in China

The Chinese calcareous building stone market declined to $X in 2021, approximately equating the previous year. In general, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Calcareous Building Stone Production in China

In value terms, calcareous building stone production reduced slightly to $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the production volume increased by 52% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Calcareous Building Stone Exports

Exports from China

In 2021, the amount of calcareous building stone exported from China reduced remarkably to X tons, waning by -17.2% on 2020 figures. Overall, exports saw a abrupt curtailment. The growth pace was the most rapid in 2015 when exports increased by 172% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, calcareous building stone exports shrank sharply to $X in 2021. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by 159%. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Japan (X tons), Italy (X tons) and Malaysia (X tons) were the main destinations of calcareous building stone exports from China, with a combined 70% share of total exports. South Korea, Israel and Mongolia lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2021, the biggest increases were recorded for Israel (with a CAGR of +141.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the key foreign market for calcareous building stone exports from China, comprising 59% of total exports. The second position in the ranking was held by Japan ($X), with a 22% share of total exports. It was followed by Malaysia, with a 5% share.

From 2012 to 2021, the average annual growth rate of value to Italy stood at +33.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+105.4% per year) and Malaysia (+10.4% per year).

Export Prices by Country

The average calcareous building stone export price stood at $X per ton in 2021, shrinking by -20% against the previous year. In general, the export price, however, posted a prominent increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 334% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average 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 ($X per ton), while the average price for exports to South Korea ($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 Hong Kong SAR (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.

Calcareous Building Stone Imports

Imports into China

In 2021, calcareous building stone imports into China reached X tons, growing by 14% on the year before. Over the period under review, imports saw a buoyant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 230% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, calcareous building stone imports soared to $X in 2021. In general, imports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2018 when imports increased by 169% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Bulgaria (X tons), Pakistan (X tons) and Turkey (X tons) were the main suppliers of calcareous building stone imports to China, together comprising 55% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Pakistan (with a CAGR of +68.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest calcareous building stone suppliers to China were Pakistan ($X), Bulgaria ($X) and Turkey ($X), together accounting for 67% of total imports.

Among the main suppliers, Pakistan, with a CAGR of +85.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average calcareous building stone import price amounted to $X per ton, increasing by 22% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2021: its price increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, calcareous building stone import price increased by +70.8% against 2018 indices. The growth pace was the most rapid in 2016 when the average import price increased by 35%. The import price peaked in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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