Indonesia: Market for Granules, Chippings And Powder Of Marble 2024

Market Size for Granules, Chippings And Powder Of Marble in Indonesia

After three years of decline, the Indonesian marble granules and powder market increased by 5.7% to $X in 2021. Overall, the total consumption indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -9.3% against 2017 indices. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Production of Granules, Chippings And Powder Of Marble in Indonesia

In value terms, marble granules and powder production amounted to $X in 2021 estimated in export price. In general, the total production indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -12.3% against 2017 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by 69% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

Exports of Granules, Chippings And Powder Of Marble

Exports from Indonesia

In 2021, approx. X tons of granules, chippings and powder of marble were exported from Indonesia; with a decrease of -19.2% compared with the year before. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 627%. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, marble granules and powder exports declined remarkably to $X in 2021. In general, exports, however, showed a resilient increase. The pace of growth was the most pronounced in 2019 when exports increased by 663%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

France (X tons), Taiwan (Chinese) (X tons) and China (X tons) were the main destinations of marble granules and powder exports from Indonesia, together comprising 49% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +45.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for marble granules and powder exported from Indonesia were Italy ($X), France ($X) and Poland ($X), together accounting for 30% of total exports. China, Thailand, Taiwan (Chinese), Japan and the United Arab Emirates lagged somewhat behind, together accounting for a further 32%.

Among the main countries of destination, Taiwan (Chinese), with a CAGR of +32.0%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average marble granules and powder export price amounted to $X per ton, reducing by -33.8% against the previous year. Over the period under review, the export price saw a noticeable downturn. The pace of growth was the most pronounced in 2013 an increase of 117%. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+20.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Granules, Chippings And Powder Of Marble

Imports into Indonesia

Marble granules and powder imports into Indonesia skyrocketed to X tons in 2021, jumping by 139% on 2020 figures. In general, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 746%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, marble granules and powder imports skyrocketed to $X in 2021. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 596%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Malaysia (X tons) constituted the largest supplier of marble granules and powder to Indonesia, with a 56% share of total imports. Moreover, marble granules and powder imports from Malaysia exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from Malaysia stood at +36.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+28.7% per year) and Taiwan (Chinese) (+22.1% per year).

In value terms, Malaysia ($X) constituted the largest supplier of granules, chippings and powder of marble to Indonesia, comprising 40% of total imports. The second position in the ranking was taken by India ($X), with a 19% share of total imports. It was followed by Turkey, with a 17% share.

From 2012 to 2021, the average annual growth rate of value from Malaysia stood at +39.8%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+39.1% per year) and Turkey (+13.4% per year).

Import Prices by Country

The average marble granules and powder import price stood at $X per ton in 2021, reducing by -36.3% against the previous year. Overall, the import price recorded a noticeable decline. The most prominent rate of growth was recorded in 2015 an increase of 44%. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+24.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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