Namibia: Market for Granite, Sandstone And Other Building Stone 2019

Market Size for Granite, Sandstone And Other Building Stone in Namibia

The revenue of the market for granite, sandstone and other building stone in Namibia amounted to $X in 2018, falling by -X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2009 when the market value increased by X% y-o-y. Over the period under review, the market for granite, sandstone and other building stone reached its maximum level at $X in 2012; however, from 2013 to 2018, consumption failed to regain its momentum.

Production of Granite, Sandstone And Other Building Stone in Namibia

In value terms, production of granite, sandstone and other building stone stood at $X in 2018 estimated in export prices. In general, production of granite, sandstone and other building stone continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when production volume increased by X% year-to-year. Namibia production of granite, sandstone and other building stone peaked at $X in 2011; however, from 2012 to 2018, production stood at a somewhat lower figure.

Exports of Granite, Sandstone And Other Building Stone

Exports from Namibia

Exports of granite, sandstone and other building stone from Namibia totaled X tons in 2018, rising by X% against the previous year. In general, exports of granite, sandstone and other building stone continue to indicate a notable expansion. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Namibia exports peaked in 2018 and are likely to see steady growth in the near future.

In value terms, exports of granite, sandstone and other building stone totaled $X in 2018. In general, exports of granite, sandstone and other building stone continue to indicate a moderate drop. The pace of growth was the most pronounced in 2015 when exports increased by X% y-o-y. In that year, exports of granite, sandstone and other building stone attained their peak of $X. From 2016 to 2018, the growth of exports of granite, sandstone and other building stone remained at a lower figure.

Exports by Country

India was the major exporter of granite, sandstone and other building stone in the world, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2018. Indonesia (X tons) occupied the second position in the ranking, followed by Norway (X tons), Brazil (X tons) and China (X tons). All these countries together occupied near X% share of total exports. The following exporters - Sweden (X tons), South Africa (X tons), Portugal (X tons) and Spain (X tons) - together made up X% of total exports.

From 2007 to 2018, average annual rates of growth with regard to granite, sandstone and other building stone exports from India stood at +X%. At the same time, Sweden (+X%) and South Africa (+X%) displayed positive paces of growth. Moreover, Sweden emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, Brazil (-X%), Spain (-X%), China (-X%), Norway (-X%), Indonesia (-X%) and Portugal (-X%) illustrated a downward trend over the same period. India (+X p.p.) and Sweden (+X p.p.) significantly strengthened its position in terms of the global exports, while Portugal, China, Norway and Indonesia saw its share reduced by -X%, -X%, -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest granite, sandstone and other building stone supplier from Namibia, comprising X% of global exports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global exports. It was followed by Norway, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in India totaled +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (-X% per year) and Norway (-X% per year).

Export Prices by Country

In 2018, the export price for granite, sandstone and other building stone in Namibia amounted to $X per ton, coming down by -X% against the previous year. Overall, the export price for granite, sandstone and other building stone continues to indicate a deep drop. The growth pace was the most rapid in 2015 an increase of X% year-to-year. Over the period under review, the export prices for granite, sandstone and other building stone attained their peak figure at $X per ton in 2010; however, from 2011 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Brazil ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Norway, while the other leaders experienced more modest paces of growth.

Imports of Granite, Sandstone And Other Building Stone

Imports into Namibia

In 2018, the imports of granite, sandstone and other building stone into Namibia stood at X tons, dropping by -X% against the previous year. Over the period under review, imports of granite, sandstone and other building stone continue to indicate a mild decrease. The most prominent rate of growth was recorded in 2009 when imports increased by X% year-to-year. Over the period under review, imports of granite, sandstone and other building stone attained their maximum at X tons in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

In value terms, imports of granite, sandstone and other building stone stood at $X in 2018. Overall, imports of granite, sandstone and other building stone continue to indicate an abrupt shrinkage. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Over the period under review, imports of granite, sandstone and other building stone attained their peak figure at $X in 2011; however, from 2012 to 2018, imports remained at a lower figure.

Imports by Country

China dominates imports of granite, sandstone and other building stone structure, accounting for X tons, which was near X% of total imports in 2018. It was distantly followed by the UK (X tons), making up a X% share of total imports. Taiwan, Chinese (X tons), Spain (X tons), Germany (X tons), Bangladesh (X tons), Italy (X tons), France (X tons), the U.S. (X tons), Belgium (X tons), Switzerland (X tons) and Poland (X tons) followed a long way behind the leaders.

Imports into China increased at an average annual rate of +X% from 2007 to 2018. At the same time, Bangladesh (+X%), the UK (+X%) and Switzerland (+X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. By contrast, France (-X%), Poland (-X%), the U.S. (-X%), Belgium (-X%), Germany (-X%), Spain (-X%), Taiwan, Chinese (-X%) and Italy (-X%) illustrated a downward trend over the same period. China (+X p.p.), Bangladesh (+X p.p.) and the UK (+X p.p.) significantly strengthened its position in terms of the global imports, while Italy and Taiwan, Chinese saw its share reduced by -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported granite, sandstone and other building stone into Namibia, comprising X% of global imports. The second position in the ranking was occupied by the UK ($X), with a X% share of global imports. It was followed by Spain, with a X% share.

From 2007 to 2018, the average annual growth rate of value in China totaled +X%. In the other countries, the average annual rates were as follows: the UK (+X% per year) and Spain (-X% per year).

Import Prices by Country

In 2018, the import price for granite, sandstone and other building stone in Namibia amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price for granite, sandstone and other building stone, however, continues to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2017 when the import price increased by X% year-to-year. Over the period under review, the import prices for granite, sandstone and other building stone attained their maximum at $X per ton in 2010; however, from 2011 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Switzerland, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform