EU: Market for Marble And Travertine Blocks And Slabs 2024

Market Size for Marble And Travertine Blocks And Slabs in the EU

In 2022, the EU marble and travertine blocks market decreased by -12.7% to $X, falling for the third year in a row after two years of growth. In general, consumption recorded a noticeable reduction. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Marble And Travertine Blocks And Slabs in the EU

In value terms, marble and travertine blocks production declined significantly to $X in 2022 estimated in export price. In general, production showed a noticeable reduction. The most prominent rate of growth was recorded in 2013 when the production volume increased by 11%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Marble And Travertine Blocks And Slabs

Exports in the EU

In 2022, the amount of marble and travertine blocks and slabs exported in the European Union dropped to X tons, reducing by -10.1% against 2021. Overall, exports saw a deep slump. The most prominent rate of growth was recorded in 2013 when exports increased by 27%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, marble and travertine blocks exports fell rapidly to $X in 2022. Over the period under review, exports showed a abrupt downturn. The growth pace was the most rapid in 2013 when exports increased by 23%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

In 2022, Italy (X tons) was the largest exporter of marble and travertine blocks and slabs, achieving 41% of total exports. It was distantly followed by Portugal (X tons), Spain (X tons) and Greece (X tons), together comprising a 52% share of total exports. Croatia (X tons) and Germany (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Greece (with a CAGR of +4.6%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Italy ($X) remains the largest marble and travertine blocks supplier in the European Union, comprising 51% of total exports. The second position in the ranking was held by Portugal ($X), with a 17% share of total exports. It was followed by Greece, with a 13% share.

From 2012 to 2022, the average annual growth rate of value in Italy stood at -5.5%. The remaining exporting countries recorded the following average annual rates of exports growth: Portugal (-0.4% per year) and Greece (+5.9% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, dropping by -6.3% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 12%. Over the period under review, the export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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 Italy ($X per ton), while Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+10.3%), while the other leaders experienced more modest paces of growth.

Imports of Marble And Travertine Blocks And Slabs

Imports in the EU

In 2022, the amount of marble and travertine blocks and slabs imported in the European Union rose notably to X tons, growing by 8.2% compared with 2021 figures. Total imports indicated slight growth from 2012 to 2022: its volume increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.5% against 2020 indices. The most prominent rate of growth was recorded in 2019 when imports increased by 29%. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, marble and travertine blocks imports amounted to $X in 2022. Total imports indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.5% against 2020 indices. The growth pace was the most rapid in 2019 when imports increased by 46%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Italy represented the key importing country with an import of around X tons, which amounted to 38% of total imports. Greece (X tons) held a 20% share (based on physical terms) of total imports, which put it in second place, followed by Spain (8.3%), Portugal (7.7%) and Germany (4.7%). The following importers - Romania (X tons), Belgium (X tons), France (X tons), Slovakia (X tons), the Czech Republic (X tons) and Bulgaria (X tons) - together made up 16% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Czech Republic (with a CAGR of +19.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constitutes the largest market for imported marble and travertine blocks and slabs in the European Union, comprising 36% of total imports. The second position in the ranking was held by Portugal ($X), with a 9.9% share of total imports. It was followed by Greece, with a 9.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Italy amounted to +5.7%. In the other countries, the average annual rates were as follows: Portugal (+6.6% per year) and Greece (+19.3% per year).

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, dropping by -5.5% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 13%. Over the period under review, import prices attained the peak figure at $X per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+4.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :