Iran: Marble And Travertine Market 2022

Marble And Travertine Market Size in Iran

The Iranian marble and travertine market declined to $X in 2021, reducing by -6.4% against the previous year. Overall, consumption, however, saw a slight downturn. Marble and travertine consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Marble And Travertine Production in Iran

In value terms, marble and travertine production shrank slightly to $X in 2021 estimated in export price. Overall, production, however, showed a mild downturn. The pace of growth was the most pronounced in 2016 when the production volume increased by 24% against the previous year. Marble and travertine production peaked at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Marble And Travertine Exports

Exports from Iran

After three years of decline, shipments abroad of marble and travertine increased by 41% to X tons in 2021. Overall, exports, however, saw a perceptible decline. The most prominent rate of growth was recorded in 2016 when exports increased by 43%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, marble and travertine exports soared to $X in 2021. In general, exports, however, recorded a mild decrease. The most prominent rate of growth was recorded in 2016 when exports increased by 47%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for marble and travertine exports from Iran, with a 92% share of total exports. It was followed by Italy (X tons), with a 2.1% share of total exports. The third position in this ranking was taken by Turkey (X tons), with a 2.1% share.

From 2012 to 2021, the average annual growth rate of volume to China amounted to -2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-2.0% per year) and Turkey (+14.5% per year).

In value terms, China ($X) remains the key foreign market for marble and travertine exports from Iran, comprising 91% of total exports. The second position in the ranking was held by Italy ($X), with a 4.2% share of total exports. It was followed by Turkey, with a 1.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-9.0% per year) and Turkey (+12.3% per year).

Export Prices by Country

In 2021, the average marble and travertine export price amounted to $X per ton, with a decrease of -15.2% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2020 an increase of 31% against the previous year. As a result, the export price attained the peak level of $X per ton, and then reduced rapidly in the following year.

Prices varied noticeably country of destination: the country with the highest price was Italy ($X per ton), while the average price for exports to Turkey ($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 Malaysia (+5.6%), while the prices for the other major destinations experienced mixed trend patterns.

Marble And Travertine Imports

Imports into Iran

In 2021, purchases abroad of marble and travertine increased by 11% to X tons for the first time since 2016, thus ending a four-year declining trend. Over the period under review, imports posted a resilient expansion. The most prominent rate of growth was recorded in 2015 with an increase of 715% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, marble and travertine imports shrank to $X in 2021. Overall, imports recorded resilient growth. The pace of growth appeared the most rapid in 2015 with an increase of 757% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Greece (X tons) constituted the largest supplier of marble and travertine to Iran, with a 73% share of total imports. Moreover, marble and travertine imports from Greece exceeded the figures recorded by the second-largest supplier, Turkey (X tons), fourfold.

From 2012 to 2021, the average annual growth rate of volume from Greece stood at +112.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+7.1% per year) and Italy (+44.1% per year).

In value terms, Greece ($X) constituted the largest supplier of marble and travertine to Iran, comprising 60% of total imports. The second position in the ranking was held by Italy ($X), with a 25% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Greece totaled +84.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+42.9% per year) and Turkey (+0.7% per year).

Import Prices by Country

In 2021, the average marble and travertine import price amounted to $X per ton, declining by -17.3% against the previous year. In general, the import price continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2013 an increase of 55%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+2.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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