Peru: Marble Building Stone Market 2025

Marble Building Stone Market Size in Peru

After two years of decline, the Peruvian marble building stone market increased by 17% to $X in 2021. Overall, the total consumption indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -19.8% against 2018 indices. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Marble Building Stone Production in Peru

In value terms, marble building stone production rose significantly to $X in 2021 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 30% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Marble Building Stone Exports

Exports from Peru

In 2021, overseas shipments of marble building stone increased by 18% to X tons, rising for the second year in a row after two years of decline. Overall, exports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2016 when exports increased by 62%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, marble building stone exports reached $X in 2021. In general, exports, however, faced a drastic downturn. The pace of growth appeared the most rapid in 2016 when exports increased by 73%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for marble building stone exports from Peru, accounting for a 62% share of total exports. Moreover, marble building stone exports to the United States exceeded the volume sent to the second major destination, Ecuador (X tons), fivefold. Mexico (X tons) ranked third in terms of total exports with a 6.6% share.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled -8.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (-12.6% per year) and Mexico (+14.7% per year).

In value terms, the United States ($X) remains the key foreign market for marble building stone exports from Peru, comprising 61% of total exports. The second position in the ranking was held by Ecuador ($X), with a 12% share of total exports. It was followed by Mexico, with a 6.6% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled -12.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (-15.8% per year) and Mexico (+14.9% per year).

Export Prices by Country

The average marble building stone export price stood at $X per ton in 2021, which is down by -7% against the previous year. Over the period under review, the export price saw a perceptible contraction. The most prominent rate of growth was recorded in 2018 an increase of 12% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Panama ($X per ton), while the average price for exports to Venezuela ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+0.1%), while the prices for the other major destinations experienced a decline.

Marble Building Stone Imports

Imports into Peru

In 2021, purchases abroad of marble building stone was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. In general, imports saw a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, marble building stone imports skyrocketed to $X in 2021. Over the period under review, imports showed a resilient expansion. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Greece (X tons), Italy (X tons) and Spain (X tons) were the main suppliers of marble building stone imports to Peru, with a combined 64% share of total imports. These countries were followed by Egypt, Portugal, China and Turkey, which together accounted for a further 21%.

From 2012 to 2021, the biggest increases were recorded for Portugal (with a CAGR of +21.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest marble building stone suppliers to Peru were Italy ($X), Greece ($X) and Spain ($X), together accounting for 63% of total imports. These countries were followed by Egypt, China, Portugal and Turkey, which together accounted for a further 21%.

Among the main suppliers, Portugal, with a CAGR of +20.2%, saw the highest growth rate of 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

In 2021, the average marble building stone import price amounted to $X per ton, declining by -7.7% against the previous year. In general, the import price recorded a pronounced reduction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 12%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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