MERCOSUR: Market for Marble And Travertine Blocks And Slabs 2024

Market Size for Marble And Travertine Blocks And Slabs in MERCOSUR

The MERCOSUR marble and travertine blocks market fell to $X in 2022, dropping by -6.4% against the previous year. Overall, consumption saw a abrupt downturn. The growth pace was the most rapid in 2021 when the market value increased by 9.2% against the previous year. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Marble And Travertine Blocks And Slabs in MERCOSUR

In value terms, marble and travertine blocks production reduced modestly to $X in 2022 estimated in export price. Overall, production showed a pronounced downturn. The most prominent rate of growth was recorded in 2018 with an increase of 15%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Marble And Travertine Blocks And Slabs

Exports in MERCOSUR

Marble and travertine blocks exports skyrocketed to X tons in 2022, jumping by 20% against 2021 figures. In general, exports showed a significant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by 123% against the previous year. The volume of export peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, marble and travertine blocks exports rose rapidly to $X in 2022. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 85%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The biggest shipments were from Brazil (X tons), together resulting at 100% of total export.

Brazil was also the fastest-growing in terms of the marble and travertine blocks and slabs exports, with a CAGR of +22.4% from 2012 to 2022. Brazil (+18 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) also remains the largest marble and travertine blocks supplier in MERCOSUR.

In Brazil, marble and travertine blocks exports expanded at an average annual rate of +28.2% over the period from 2012-2022.

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, reducing by -5.9% against the previous year. Export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, marble and travertine blocks export price increased by +60.0% against 2019 indices. The pace of growth appeared the most rapid in 2015 an increase of 71%. Over the period under review, the export prices reached the maximum at $X per ton in 2021, and then contracted in the following year.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +4.7% per year.

Imports of Marble And Travertine Blocks And Slabs

Imports in MERCOSUR

Marble and travertine blocks imports declined to X tons in 2022, waning by -12.5% compared with 2021 figures. Overall, imports showed a perceptible decrease. The growth pace was the most rapid in 2021 with an increase of 62%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, marble and travertine blocks imports contracted sharply to $X in 2022. Over the period under review, imports showed a pronounced curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 70% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Brazil (X tons) represented the largest importer of marble and travertine blocks and slabs, constituting 55% of total imports. Colombia (X tons) took the second position in the ranking, distantly followed by Venezuela (X tons). All these countries together took near 44% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Colombia (with a CAGR of +0.7%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Brazil ($X) constitutes the largest market for imported marble and travertine blocks and slabs in MERCOSUR, comprising 59% of total imports. The second position in the ranking was held by Colombia ($X), with a 27% share of total imports.

In Brazil, marble and travertine blocks imports decreased by an average annual rate of -3.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Colombia (-1.1% per year) and Venezuela (-7.2% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per ton, shrinking by -6.3% against the previous year. Overall, the import price showed a mild setback. The most prominent rate of growth was recorded in 2013 when the import price increased by 6.8% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per ton), while Colombia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Venezuela (+1.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform