Europe: Market for Marble And Travertine Blocks And Slabs 2024

Market Size for Marble And Travertine Blocks And Slabs in Europe

In 2022, the Europe marble and travertine blocks market decreased by -12.6% to $X, falling for the third year in a row after two years of growth. Over the period under review, consumption saw a perceptible slump. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Marble And Travertine Blocks And Slabs in Europe

In value terms, marble and travertine blocks production contracted notably to $X in 2022 estimated in export price. Overall, production showed a noticeable descent. The growth pace was the most rapid in 2019 when the production volume increased by 11% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Marble And Travertine Blocks And Slabs

Exports in Europe

In 2022, the amount of marble and travertine blocks and slabs exported in Europe expanded to X tons, rising by 4.6% on 2021. In general, exports, however, showed a perceptible decline. The growth pace was the most rapid in 2013 with an increase of 26% against the previous year. As a result, the exports reached 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 rose modestly to $X in 2022. Overall, exports, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2013 when exports increased by 23% against the previous year. 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), distantly followed by Portugal (X tons), North Macedonia (X tons), Spain (X tons), Greece (X tons) and Albania (X tons) were the largest exporters of marble and travertine blocks and slabs, together mixing up 94% of total exports. Croatia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Albania (with a CAGR of +30.4%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the largest marble and travertine blocks supplier in Europe, comprising 39% of total exports. The second position in the ranking was held by North Macedonia ($X), with a 17% share of total exports. It was followed by Portugal, with a 13% share.

In Italy, marble and travertine blocks exports contracted by an average annual rate of -5.5% over the period from 2012-2022. In the other countries, the average annual rates were as follows: North Macedonia (+13.7% per year) and Portugal (-0.4% per year).

Export Prices by Country

The export price in Europe stood at $X per ton in 2022, which is down by -2.9% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 12% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices remained 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 ($X per ton), while Croatia ($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 Europe

In 2022, imports of marble and travertine blocks and slabs in Europe reached X tons, rising by 5.2% against the previous year. The total import volume increased at an average annual rate of +1.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 25%. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, marble and travertine blocks imports fell modestly to $X in 2022. Total imports indicated a slight expansion from 2012 to 2022: its value 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 +33.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Italy represented the largest importing country with an import of about X tons, which resulted at 32% of total imports. Greece (X tons) took a 16% share (based on physical terms) of total imports, which put it in second place, followed by Spain (7%), Portugal (6.4%) and the UK (5.8%). Germany (X tons), Bosnia and Herzegovina (X tons), Romania (X tons), Belgium (X tons), France (X tons), Slovakia (X tons), the Czech Republic (X tons) and Albania (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +19.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constitutes the largest market for imported marble and travertine blocks and slabs in Europe, comprising 30% of total imports. The second position in the ranking was held by the UK ($X), with a 9.4% share of total imports. It was followed by Portugal, with an 8.3% share.

From 2012 to 2022, the average annual growth rate of value in Italy totaled +5.7%. The remaining importing countries recorded the following average annual rates of imports growth: the UK (-2.3% per year) and Portugal (+6.6% per year).

Import Prices by Country

The import price in Europe stood at $X per ton in 2022, with a decrease of -6.7% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by 8.9% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while Albania ($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