Italy: Granite Block Market 2025

Granite Block Market Size in Italy

The Italian granite block market amounted to $X in 2022, therefore, remained relatively stable against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. Granite block consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Granite Block Production in Italy

In value terms, granite block production declined modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a slight expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by 49% against the previous year. Granite block production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Granite Block Exports

Exports from Italy

In 2022, after two years of growth, there was significant decline in shipments abroad of granite blocks and slabs, when their volume decreased by -6.7% to X tons. In general, exports showed a mild decline. The most prominent rate of growth was recorded in 2014 when exports increased by 145%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, granite block exports fell slightly to $X in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 158% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Algeria (X tons), Germany (X tons) and Switzerland (X tons) were the main destinations of granite block exports from Italy, together comprising 63% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Algeria (with a CAGR of +32.4%), while the other leaders experienced more modest paces of growth.

In value terms, Algeria ($X), Germany ($X) and France ($X) were the largest markets for granite block exported from Italy worldwide, with a combined 65% share of total exports.

In terms of the main countries of destination, Algeria, with a CAGR of +32.7%, 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

The average granite block export price stood at $X per ton in 2022, rising by 6.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2019 an increase of 17% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Switzerland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+36.0%), while the prices for the other major destinations experienced more modest paces of growth.

Granite Block Imports

Imports into Italy

In 2022, purchases abroad of granite blocks and slabs increased by 53% to X tons, rising for the second consecutive year after four years of decline. In general, imports, however, recorded a abrupt decrease. Over the period under review, imports attained the maximum at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, granite block imports surged to $X in 2022. Over the period under review, imports, however, saw a noticeable reduction. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

Switzerland (X tons), South Africa (X tons) and Brazil (X tons) were the main suppliers of granite block imports to Italy, with a combined 70% share of total imports.

From 2012 to 2022, the biggest increases were recorded for South Africa (with a CAGR of +69.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest granite block suppliers to Italy were Switzerland ($X), South Africa ($X) and Brazil ($X), together accounting for 67% of total imports.

South Africa, with a CAGR of +59.7%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average granite block import price stood at $X per ton in 2022, rising by 3.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 48% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+44.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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