EU: Marble Building Stone Market 2024

Marble Building Stone Market Size in the EU

In 2021, the EU marble building stone market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption continues to indicate a prominent increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Marble Building Stone Production in the EU

In value terms, marble building stone production surged to $X in 2021 estimated in export price. In general, production continues to indicate a resilient expansion. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Marble Building Stone Exports

Exports in the EU

After five years of decline, shipments abroad of marble building stone increased by 16% to X tons in 2021. Over the period under review, exports, however, continue to indicate a noticeable reduction. The volume of export peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, marble building stone exports surged to $X in 2021. Overall, exports recorded a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Italy represented the largest exporter of marble building stone in the European Union, with the volume of exports finishing at X tons, which was near 45% of total exports in 2021. Greece (X tons) ranks second in terms of the total exports with a 19% share, followed by Spain (17%) and Portugal (14%). Belgium (X tons) followed a long way behind the leaders.

Exports from Italy decreased at an average annual rate of -3.4% from 2012 to 2021. At the same time, Greece (+4.5%) and Portugal (+1.0%) displayed positive paces of growth. Moreover, Greece emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +4.5% from 2012-2021. By contrast, Belgium (-2.5%) and Spain (-5.2%) illustrated a downward trend over the same period. Greece (+8.3 p.p.) and Portugal (+3.3 p.p.) significantly strengthened its position in terms of the total exports, while Spain and Italy saw its share reduced by -6.2% and -6.6% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X) remains the largest marble building stone supplier in the European Union, comprising 67% of total exports. The second position in the ranking was held by Greece ($X), with a 12% share of total exports. It was followed by Spain, with a 10% share.

From 2012 to 2021, the average annual growth rate of value in Italy stood at +1.1%. The remaining exporting countries recorded the following average annual rates of exports growth: Greece (+3.6% per year) and Spain (-5.0% per year).

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per ton, rising by 5.4% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.3%. The pace of growth was the most pronounced in 2018 an increase of 12% against the previous year. Over the period under review, the export prices reached the peak figure in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+4.6%), while the other leaders experienced more modest paces of growth.

Marble Building Stone Imports

Imports in the EU

In 2021, overseas purchases of marble building stone increased by 28% to X tons, rising for the sixth consecutive year after two years of decline. Total imports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +6.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +88.3% against 2015 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, marble building stone imports soared to $X in 2021. Total imports indicated a pronounced increase from 2012 to 2021: its value 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, imports increased by +67.1% against 2016 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

France represented the major importer of marble building stone in the European Union, with the volume of imports resulting at X tons, which was approx. 37% of total imports in 2021. Romania (X tons) took an 11% share (based on physical terms) of total imports, which put it in second place, followed by Germany (9.9%) and Italy (6%). Austria (X tons), Belgium (X tons), Bulgaria (X tons), Spain (X tons), Cyprus (X tons), Portugal (X tons), the Netherlands (X tons), Greece (X tons) and Poland (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to marble building stone imports into France stood at +12.2%. At the same time, Bulgaria (+22.5%), Romania (+18.4%), Cyprus (+6.9%), Portugal (+6.1%), the Netherlands (+5.6%), Austria (+5.1%), Germany (+3.0%) and Italy (+2.3%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing importer imported in the European Union, with a CAGR of +22.5% from 2012-2021. Spain and Greece experienced a relatively flat trend pattern. By contrast, Belgium (-3.8%) and Poland (-4.2%) illustrated a downward trend over the same period. While the share of France (+13 p.p.), Romania (+6.6 p.p.) and Bulgaria (+3 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Greece (-1.8 p.p.), Italy (-2.8 p.p.), Spain (-2.9 p.p.), Poland (-3.2 p.p.), Germany (-3.9 p.p.) and Belgium (-7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($X) constitutes the largest market for imported marble building stone in the European Union, comprising 29% of total imports. The second position in the ranking was taken by Germany ($X), with a 9.8% share of total imports. It was followed by Italy, with a 9.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value in France totaled +6.3%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (-1.6% per year) and Italy (+5.2% per year).

Import Prices by Country

The import price in the European Union stood at $X per ton in 2021, surging by 4.3% against the previous year. Over the period under review, the import price, however, recorded a noticeable descent. The pace of growth appeared the most rapid in 2014 when the import price increased by 8.5% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+7.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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