Pakistan: Marble Building Stone Market 2025

Marble Building Stone Market Size in Pakistan

The Pakistani marble building stone market skyrocketed to $X in 2021, picking up by 23% against the previous year. Over the period under review, consumption, however, showed a pronounced shrinkage. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Marble Building Stone Production in Pakistan

In value terms, marble building stone production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, recorded a noticeable slump. The pace of growth was the most pronounced in 2017 when the production volume increased by 44% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

Marble Building Stone Exports

Exports from Pakistan

In 2021, marble building stone exports from Pakistan surged to X tons, rising by 84% compared with the year before. Overall, exports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2014 when exports increased by 130% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, marble building stone exports soared to $X in 2021. Over the period under review, exports, however, saw a noticeable contraction. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

South Korea (X tons), Saudi Arabia (X tons) and Afghanistan (X tons) were the main destinations of marble building stone exports from Pakistan, together comprising 77% of total exports. These countries were followed by the United Arab Emirates, Qatar, Bahrain, the United States, China and Iraq, which together accounted for a further 15%.

From 2012 to 2021, the biggest increases were recorded for Qatar (with a CAGR of +105.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Saudi Arabia ($X) and Afghanistan ($X) constituted the largest markets for marble building stone exported from Pakistan worldwide, together accounting for 77% of total exports. The United Arab Emirates, Qatar, Bahrain, the United States, China and Iraq lagged somewhat behind, together comprising a further 15%.

Qatar, with a CAGR of +88.4%, 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 more modest paces of growth.

Export Prices by Country

In 2021, the average marble building stone export price amounted to $X per ton, approximately reflecting the previous year. Over the period under review, the export price, however, saw a abrupt shrinkage. The pace of growth was the most pronounced in 2015 an increase of 32% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2021, amid the top suppliers, the countries with the highest prices were Qatar ($X per ton) and Bahrain ($X per ton), while the average price for exports to the United States ($X per ton) and Afghanistan ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (-8.4%), while the prices for the other major destinations experienced a decline.

Marble Building Stone Imports

Imports into Pakistan

In 2021, the amount of marble building stone imported into Pakistan declined notably to X tons, dropping by -32.5% compared with the previous year. Overall, imports showed a abrupt decline. The pace of growth was the most pronounced in 2014 when imports increased by 67% against the previous year. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, marble building stone imports expanded markedly to $X in 2021. In general, imports, however, saw a pronounced expansion. The growth pace was the most rapid in 2014 when imports increased by 70% against the previous year. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest marble building stone supplier to Pakistan, with a 56% share of total imports. Moreover, marble building stone imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), fivefold. Greece (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+6.9% per year) and Greece (+1.9% per year).

In value terms, China ($X) constituted the largest supplier of marble building stone to Pakistan, comprising 54% of total imports. The second position in the ranking was taken by Greece ($X), with an 11% share of total imports. It was followed by Vietnam, with a 9.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +13.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (+15.4% per year) and Vietnam (+16.8% per year).

Import Prices by Country

The average marble building stone import price stood at $X per ton in 2021, picking up by 58% against the previous year. Over the period under review, the import price posted a prominent increase. 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 origin: amid the top importers, the country with the highest price was Greece ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Greece (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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