Report Update Nov 1, 2024

Colombia - Granules, Chippings and Powder of Monumental Stone - Market Analysis, Forecast, Size, Trends and Insights

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

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

In 2021, the Colombian market for granules, chippings and powder of monumental stone increased by 191% to $X, rising for the second consecutive year after two years of decline. Overall, consumption continues to indicate significant growth. Monumental stone granules and powder consumption peaked in 2021 and is expected to retain growth in years to come.

Exports of Granules, Chippings And Powder Of Monumental Stone

Exports from Colombia

In 2021, shipments abroad of granules, chippings and powder of monumental stone increased by 42% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports posted a buoyant increase. The pace of growth appeared the most rapid in 2015 with an increase of 578% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, monumental stone granules and powder exports amounted to $X in 2021. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 169% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for monumental stone granules and powder exports from Colombia, accounting for a 97% share of total exports. It was followed by Panama (X tons), with a 1.9% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at +6.2%.

In value terms, the United States ($X) remains the key foreign market for granules, chippings and powder of monumental stone exports from Colombia, comprising 77% of total exports. The second position in the ranking was held by Panama ($X), with a 9.6% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +10.2%.

Export Prices by Country

In 2021, the average export price for granules, chippings and powder of monumental stone amounted to $X per ton, with a decrease of -21.8% against the previous year. Over the period under review, the export price, however, continues to indicate significant growth. The pace of growth appeared the most rapid in 2014 an increase of 292% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Panama ($X per ton), while the average price for exports to the United States stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Aruba (+28.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Granules, Chippings And Powder Of Monumental Stone

Imports into Colombia

In 2021, purchases abroad of granules, chippings and powder of monumental stone increased by 119% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2016 when imports increased by 664%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, monumental stone granules and powder imports skyrocketed to $X in 2021. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United States (X tons) constituted the largest monumental stone granules and powder supplier to Colombia, with a 66% share of total imports. Moreover, monumental stone granules and powder imports from the United States exceeded the figures recorded by the second-largest supplier, France (X tons), twofold.

From 2012 to 2021, the average annual growth rate of volume from the United States totaled +134.7%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+20.0% per year) and Turkey (-16.6% per year).

In value terms, the United States ($X) constituted the largest supplier of granules, chippings and powder of monumental stone to Colombia, comprising 83% of total imports. The second position in the ranking was held by France ($X), with a 15% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the United States amounted to +120.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+13.3% per year) and Turkey (-17.6% 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, with an increase of 97% against the previous year. Overall, the import price saw a slight expansion. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (-1.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for granules, chippings and powder of monumental stone in the world?

The countries with the highest volumes of monumental stone granules and powder consumption in 2020 were China, Hong Kong SAR and Germany, together accounting for 33% of global consumption.

What are the largest producers of granules, chippings and powder of monumental stone in the world?

China constituted the country with the largest volume of monumental stone granules and powder production, comprising approx. 24% of total volume. Moreover, monumental stone granules and powder production in China exceeded the figures recorded by the second-largest producer, Germany, threefold. The third position in this ranking was occupied by the United States, with a 7.7% share.

What are the leading suppliers of granules, chippings and powder of monumental stone to Colombia?

In value terms, France constituted the largest supplier of monumental stone granules and powder to Colombia, comprising 57% of total imports. The second position in the ranking was occupied by the Netherlands, with an 18% share of total imports. It was followed by the United States, with a 14% share.

What are the leading importers of granules, chippings and powder of monumental stone from Colombia?

In value terms, the United States remains the key foreign market for monumental stone granules and powder exports from Colombia, comprising 85% of total exports. The second position in the ranking was occupied by Ecuador, with a 7.2% share of total exports.

What is the average export price for granules, chippings and powder of monumental stone in Colombia?

In 2020, the average export price for granules, chippings and powder of monumental stone amounted to $1,180 per ton, growing by 6.4% against the previous year.

What is the average import price for granules, chippings and powder of monumental stone in Colombia?

The average import price for granules, chippings and powder of monumental stone stood at $434 per ton in 2020, shrinking by -33.4% against the previous year.

This report provides an in-depth analysis of the market for monumental stone granules and powder in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 08121290 - Granules, chippings and powder of travertine, ecaussine, granite, porphyry, basalt, sandstone and other monumental stone

Country coverage:

Colombia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Colombia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023