MERCOSUR: Market for Granules, Chippings And Powder Of Marble 2024

Market Size for Granules, Chippings And Powder Of Marble in MERCOSUR

The MERCOSUR marble granules and powder market was estimated at $X in 2021, increasing by 10% against the previous year. The market value increased at an average annual rate of +2.4% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Granules, Chippings And Powder Of Marble in MERCOSUR

In value terms, marble granules and powder production rose significantly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 26%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Granules, Chippings And Powder Of Marble

Exports in MERCOSUR

In 2021, the amount of granules, chippings and powder of marble exported in MERCOSUR soared to X tons, picking up by 33% on 2020 figures. In general, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2018 with an increase of 93%. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, marble granules and powder exports skyrocketed to $X in 2021. Overall, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 65%. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Exports by Country

Colombia dominates exports structure, amounting to X tons, which was near 92% of total exports in 2021. It was distantly followed by Argentina (X tons), committing a 5.5% share of total exports. Peru (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to marble granules and powder exports from Colombia stood at +25.6%. At the same time, Argentina (+64.6%) and Peru (+36.1%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +64.6% from 2012-2021. While the share of Argentina (+5 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Colombia (-5.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Colombia ($X) remains the largest marble granules and powder supplier in MERCOSUR, comprising 91% of total exports. The second position in the ranking was held by Argentina ($X), with a 6.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Colombia totaled +18.3%. The remaining exporting countries recorded the following average annual rates of exports growth: Argentina (+56.9% per year) and Peru (+32.1% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2021, falling by -6% against the previous year. Over the period under review, the export price continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2019 when the export price increased by 42% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Argentina ($X per ton), while Peru ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Peru (-3.0%), while the other leaders experienced a decline in the export price figures.

Imports of Granules, Chippings And Powder Of Marble

Imports in MERCOSUR

In 2021, imports of granules, chippings and powder of marble in MERCOSUR contracted notably to X tons, waning by -17.5% against the year before. Over the period under review, imports saw a mild downturn. The most prominent rate of growth was recorded in 2015 with an increase of 50% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, marble granules and powder imports surged to $X in 2021. Total imports indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +67.7% against 2019 indices. The most prominent rate of growth was recorded in 2015 with an increase of 46% against the previous year. The level of import peaked in 2021 and is likely to continue growth in the immediate term.

Imports by Country

Brazil (X tons) and Chile (X tons) prevails in imports structure, together constituting 82% of total imports. It was distantly followed by Venezuela (X tons), committing an 8% share of total imports. The following importers - Peru (X tons) and Ecuador (X tons) - together made up 5.9% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Peru (with a CAGR of +71.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Chile ($X) and Venezuela ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for 83% of total imports. Peru and Ecuador lagged somewhat behind, together accounting for a further 9.2%.

Among the main importing countries, Peru, with a CAGR of +64.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2021, jumping by 46% against the previous year. Import price indicated a buoyant increase from 2012 to 2021: its price 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. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Peru ($X per ton), while Chile ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+11.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform