Italy: Market for Marble And Travertine Blocks And Slabs 2024

Market Size for Marble And Travertine Blocks And Slabs in Italy

In 2022, the Italian marble and travertine blocks market decreased by -28.1% to $X, falling for the third year in a row after five years of growth. Over the period under review, consumption, however, saw mild growth. Marble and travertine blocks consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Marble And Travertine Blocks And Slabs in Italy

In value terms, marble and travertine blocks production dropped dramatically to $X in 2022 estimated in export price. Over the period under review, production saw a mild descent. The pace of growth appeared the most rapid in 2016 when the production volume increased by 46% against the previous year. Marble and travertine blocks production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Marble And Travertine Blocks And Slabs

Exports from Italy

In 2022, the amount of marble and travertine blocks and slabs exported from Italy contracted slightly to X tons, dropping by -4.5% against the year before. Over the period under review, exports showed a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 12% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, marble and travertine blocks exports declined remarkably to $X in 2022. Overall, exports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 20% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

India (X tons), China (X tons) and Algeria (X tons) were the main destinations of marble and travertine blocks exports from Italy, together accounting for 76% of total exports. Morocco, Indonesia, Hong Kong SAR, Taiwan (Chinese), Egypt and Libya lagged somewhat behind, together comprising a further 7.7%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Morocco (with a CAGR of +2.0%), while the other leaders experienced a decline.

In value terms, the largest markets for marble and travertine blocks exported from Italy were China ($X), India ($X) and Algeria ($X), together accounting for 56% of total exports. Indonesia, Morocco, Taiwan (Chinese), Hong Kong SAR, Libya and Egypt lagged somewhat behind, together comprising a further 8.5%.

Morocco, with a CAGR of +7.7%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average marble and travertine blocks export price stood at $X per ton in 2022, shrinking by -17.7% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 14% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then shrank notably in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Egypt ($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 Libya (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Marble And Travertine Blocks And Slabs

Imports into Italy

In 2022, marble and travertine blocks imports into Italy declined to X tons, flattening at 2021 figures. In general, imports, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2019 when imports increased by 136% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, marble and travertine blocks imports fell to $X in 2022. Overall, imports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2019 with an increase of 166% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Turkey (X tons), Albania (X tons) and Croatia (X tons) were the main suppliers of marble and travertine blocks imports to Italy, together comprising 58% of total imports. China, Tunisia, Egypt, Norway, Morocco, Iran, Lebanon, North Macedonia, India and Spain lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2022, the biggest increases were recorded for Norway (with a CAGR of +62.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), China ($X) and Albania ($X) appeared to be the largest marble and travertine blocks suppliers to Italy, with a combined 63% share of total imports. Croatia, Tunisia, Iran, Norway, Egypt, Morocco, North Macedonia, Lebanon, India and Spain lagged somewhat behind, together accounting for a further 22%.

Norway, with a CAGR of +64.9%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average marble and travertine blocks import price amounted to $X per ton, which is down by -7.9% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 13% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then contracted in the following year.

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 China ($X per ton), while the price for Croatia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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