Ireland: Market for Marble And Travertine Blocks And Slabs 2024

Market Size for Marble And Travertine Blocks And Slabs in Ireland

After two years of growth, the Irish marble and travertine blocks market decreased by -13.8% to $X in 2022. In general, consumption showed a deep setback. Marble and travertine blocks consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Marble And Travertine Blocks And Slabs in Ireland

In value terms, marble and travertine blocks production shrank slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt setback. The growth pace was the most rapid in 2014 when the production volume increased by 4.7%. Marble and travertine blocks production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Marble And Travertine Blocks And Slabs

Exports from Ireland

In 2022, shipments abroad of marble and travertine blocks and slabs decreased by 0% to X kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 388%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, marble and travertine blocks exports amounted to $X in 2022. Overall, exports continue to indicate a sharp slump. The pace of growth appeared the most rapid in 2014 with an increase of 66%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X kg) was the main destination for marble and travertine blocks exports from Ireland, accounting for a 88% share of total exports. Moreover, marble and travertine blocks exports to the UK exceeded the volume sent to the second major destination, the United States (X kg), sevenfold.

From 2012 to 2022, the average annual growth rate of volume to the UK stood at -36.6%.

From 2012 to 2022, the average annual growth rate of value to the UK amounted to -41.0%.

Export Prices by Country

In 2022, the average marble and travertine blocks export price amounted to $X per ton, remaining constant against the previous year. Over the period under review, the export price saw a deep contraction. The most prominent rate of growth was recorded in 2015 an increase of 137% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the UK stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+6.0%).

Imports of Marble And Travertine Blocks And Slabs

Imports into Ireland

In 2022, supplies from abroad of marble and travertine blocks and slabs decreased by -62% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, continue to indicate a pronounced increase. The growth pace was the most rapid in 2021 with an increase of 160% against the previous year. As a result, imports attained the peak of X tons, and then fell rapidly in the following year.

In value terms, marble and travertine blocks imports plummeted to $X in 2022. Overall, imports recorded a mild reduction. The pace of growth was the most pronounced in 2019 when imports increased by 124%. Over the period under review, imports hit record highs at $X in 2021, and then dropped notably in the following year.

Imports by Country

In 2022, Egypt (X tons) was the main marble and travertine blocks supplier to Ireland, with a 93% share of total imports. Moreover, marble and travertine blocks imports from Egypt exceeded the figures recorded by the second-largest supplier, the UK (X tons), more than tenfold. Poland (X tons) ranked third in terms of total imports with a 1.9% share.

From 2012 to 2022, the average annual growth rate of volume from Egypt stood at +30.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+29.8% per year) and Poland (0.0% per year).

In value terms, Egypt ($X) constituted the largest supplier of marble and travertine blocks and slabs to Ireland, comprising 73% of total imports. The second position in the ranking was held by the UK ($X), with a 28% share of total imports. It was followed by Poland, with a 1.9% share.

From 2012 to 2022, the average annual growth rate of value from Egypt amounted to +31.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+57.8% per year) and Poland (0.0% per year).

Import Prices by Country

The average marble and travertine blocks import price stood at $X per ton in 2022, growing by 19% against the previous year. Overall, the import price, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2019 an increase of 231% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+21.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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