Indonesia: Marble Building Stone Market 2025

Marble Building Stone Market Size in Indonesia

The Indonesian marble building stone market was finally on the rise to reach $X in 2021, after two years of decline. In general, the total consumption indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -12.5% against 2018 indices. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Marble Building Stone Production in Indonesia

In value terms, marble building stone production expanded sharply to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2015 with an increase of 24%. Marble building stone production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Marble Building Stone Exports

Exports from Indonesia

For the fifth year in a row, Indonesia recorded decline in overseas shipments of marble building stone, which decreased by -34.1% to X tons in 2021. In general, exports faced a abrupt decrease. The growth pace was the most rapid in 2016 with an increase of 11%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, marble building stone exports contracted to $X in 2021. Over the period under review, exports showed a abrupt slump. The pace of growth appeared the most rapid in 2016 when exports increased by 20% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons), Australia (X tons) and South Korea (X tons) were the main destinations of marble building stone exports from Indonesia, together accounting for 50% of total exports. France, the Netherlands, Belgium, Spain, Malaysia, Japan, Myanmar, India, China and Greece lagged somewhat behind, together comprising a further 39%.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +56.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) emerged as the key foreign market for marble building stone exports from Indonesia, comprising 23% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 9.4% share of total exports. It was followed by France, with a 9.2% share.

From 2012 to 2021, the average annual growth rate of value to the United States stood at -12.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+9.0% per year) and France (+4.1% per year).

Export Prices by Country

The average marble building stone export price stood at $X per ton in 2021, increasing by 36% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.4%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greece ($X per ton), while the average price for exports to Myanmar ($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 France (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.

Marble Building Stone Imports

Imports into Indonesia

In 2021, purchases abroad of marble building stone was finally on the rise to reach X tons after two years of decline. Overall, total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -10.3% against 2018 indices. The most prominent rate of growth was recorded in 2016 with an increase of 46% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, marble building stone imports soared to $X in 2021. Over the period under review, imports saw a buoyant expansion. The pace of growth was the most pronounced in 2014 when imports increased by 63% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest marble building stone supplier to Indonesia, accounting for a 70% share of total imports. Moreover, marble building stone imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), sevenfold. The third position in this ranking was held by Turkey (X tons), with a 5.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +8.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-1.9% per year) and Turkey (-2.7% per year).

In value terms, China ($X) constituted the largest supplier of marble building stone to Indonesia, comprising 72% of total imports. The second position in the ranking was held by Italy ($X), with an 11% share of total imports. It was followed by Turkey, with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +18.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+6.8% per year) and Turkey (+7.2% per year).

Import Prices by Country

The average marble building stone import price stood at $X per ton in 2021, rising by 5.1% against the previous year. In general, import price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +8.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, marble building stone import price decreased by -3.8% against 2019 indices. The pace of growth was the most pronounced in 2014 an increase of 47%. Over the period under review, average import prices reached the maximum at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Greece ($X per ton), while the price for Singapore ($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 (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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