EU: Marble And Travertine Market 2022

Marble And Travertine Market Size in the EU

The EU marble and travertine market dropped modestly to $X in 2021, almost unchanged from the previous year. Overall, consumption continues to indicate a slight decline. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Marble And Travertine Production in the EU

In value terms, marble and travertine production rose to $X in 2021 estimated in export price. Over the period under review, production showed a slight curtailment. The pace of growth appeared the most rapid in 2016 when the production volume increased by 12% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Marble And Travertine Exports

Exports in the EU

In 2021, after three years of decline, there was significant growth in overseas shipments of marble and travertine, when their volume increased by 18% to X tons. Overall, exports, however, recorded a noticeable decrease. The volume of export peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, marble and travertine exports skyrocketed to $X in 2021. In general, exports, however, recorded a mild decline. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Italy (X tons), Portugal (X tons) and Greece (X tons) was the largest exporter of marble and travertine in the European Union, generating 77% of total export. It was distantly followed by Spain (X tons), achieving a 9.2% share of total exports. Croatia (X tons), France (X tons) and Austria (X tons) took a minor share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by France (with a CAGR of +11.1%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Greece ($X) and Portugal ($X) constituted the countries with the highest levels of exports in 2021, together comprising 86% of total exports.

Greece, with a CAGR of +6.5%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2021, with an increase of 9.4% against the previous year. Over the last nine years, it increased at an average annual rate of +2.5%. The growth pace was the most rapid in 2017 an increase of 14% against the previous year. The level of export peaked in 2021 and is likely to see gradual growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Croatia (+14.7%), while the other leaders experienced more modest paces of growth.

Marble And Travertine Imports

Imports in the EU

In 2021, marble and travertine imports in the European Union surged to X tons, with an increase of 17% on 2020. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when imports increased by 22%. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, marble and travertine imports skyrocketed to $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Italy was the largest importer of marble and travertine in the European Union, with the volume of imports reaching X tons, which was approx. 41% of total imports in 2021. Greece (X tons) took the second position in the ranking, followed by Germany (X tons) and Spain (X tons). All these countries together took approx. 38% share of total imports. France (X tons), Portugal (X tons) and Romania (X tons) followed a long way behind the leaders.

Imports into Italy decreased at an average annual rate of -1.4% from 2012 to 2021. At the same time, Romania (+12.6%), Germany (+7.3%), Greece (+6.5%) and France (+1.5%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing importer imported in the European Union, with a CAGR of +12.6% from 2012-2021. Spain and Portugal experienced a relatively flat trend pattern. Germany (+7 p.p.) and Greece (+6.7 p.p.) significantly strengthened its position in terms of the total imports, while Italy saw its share reduced by -9.2% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X) constitutes the largest market for imported marble and travertine in the European Union, comprising 49% of total imports. The second position in the ranking was taken by Greece ($X), with an 11% share of total imports. It was followed by France, with a 6.6% share.

From 2012 to 2021, the average annual growth rate of value in Italy was relatively modest. In the other countries, the average annual rates were as follows: Greece (+4.7% per year) and France (+0.1% per year).

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per ton, with an increase of 14% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Portugal ($X per ton), while Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+3.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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