MERCOSUR: Marble And Travertine Market 2022

Marble And Travertine Market Size in MERCOSUR

After four years of decline, the MERCOSUR marble and travertine market increased by 4.3% to $X in 2021. In general, consumption, however, showed a pronounced slump. The level of consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Marble And Travertine Production in MERCOSUR

In value terms, marble and travertine production stood at $X in 2021 estimated in export price. Overall, production, however, showed a mild descent. The growth pace was the most rapid in 2013 when the production volume increased by 15%. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Marble And Travertine Exports

Exports in MERCOSUR

Marble and travertine exports soared to X tons in 2021, rising by 37% compared with the previous year's figure. In general, exports posted a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of 143% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, marble and travertine exports skyrocketed to $X in 2021. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 94%. The level of export peaked in 2021 and is expected to retain growth in years to come.

Exports by Country

Brazil prevails in exports structure, accounting for X tons, which was near 97% of total exports in 2021. Chile (X tons) held a relatively small share of total exports.

Exports from Brazil increased at an average annual rate of +20.6% from 2012 to 2021. At the same time, Chile (+34.0%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +34.0% from 2012-2021. While the share of Brazil (+17 p.p.) and Chile (+2.7 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest marble and travertine supplier in MERCOSUR, comprising 99% of total exports. The second position in the ranking was held by Chile ($X), with a 0.7% share of total exports.

In Brazil, marble and travertine exports expanded at an average annual rate of +26.0% over the period from 2012-2021.

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2021, growing by 21% against the previous year. Export price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, marble and travertine export price increased by +63.7% against 2017 indices. The pace of growth was the most pronounced in 2015 an increase of 60%. The level of export peaked in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was Brazil ($X per ton), while Chile amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+7.6%).

Marble And Travertine Imports

Imports in MERCOSUR

In 2021, purchases abroad of marble and travertine increased by 35% to X tons for the first time since 2012, thus ending a eight-year declining trend. In general, imports, however, showed a deep setback. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, marble and travertine imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt shrinkage. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Brazil (X tons) represented the largest importer of marble and travertine, generating 61% of total imports. Colombia (X tons) ranks second in terms of the total imports with a 26% share, followed by Venezuela (9.5%).

Brazil experienced a relatively flat trend pattern with regard to volume of imports of marble and travertine. Colombia (-2.9%) and Venezuela (-16.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Brazil and Colombia increased by +37 and +13 percentage points, respectively.

In value terms, Brazil ($X) constitutes the largest market for imported marble and travertine in MERCOSUR, comprising 66% of total imports. The second position in the ranking was held by Colombia ($X), with a 24% share of total imports.

In Brazil, marble and travertine imports plunged by an average annual rate of -1.6% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Colombia (-2.3% per year) and Venezuela (-22.4% per year).

Import Prices by Country

In 2021, the import price in MERCOSUR amounted to $X per ton, growing by 12% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.4%. The pace of growth was the most pronounced in 2013 when the import price increased by 59% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Brazil ($X per ton), while Venezuela ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Colombia (+0.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform