Report Update Nov 1, 2024

Philippines - Crude Marble and Travertine - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Market for Marble And Travertine 2024

Market Size for Marble And Travertine in the Philippines

The Philippine marble and travertine crude market was estimated at less than $X in 2022, approximately equating the previous year. Over the period under review, consumption, however, continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2017 when the market value decreased by -28%. Marble and travertine crude consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Production of Marble And Travertine in the Philippines

In value terms, marble and travertine crude production reduced remarkably to $X in 2022 estimated in export price. In general, production showed a abrupt contraction. The most prominent rate of growth was recorded in 2016 with an increase of 12% against the previous year. Over the period under review, crude production attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Marble And Travertine

Exports from the Philippines

For the third consecutive year, the Philippines recorded growth in overseas shipments of marble and travertine, which increased by 50,092% to X tons in 2018. Over the period under review, exports saw a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, marble and travertine crude exports surged to $X in 2018. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X tons) was the main destination for marble and travertine crude exports from the Philippines, accounting for a approx. 100% share of total exports.

From 2012 to 2018, the average annual growth rate of volume to China was relatively modest.

From 2012 to 2018, the average annual growth rate of value to China was relatively modest.

Export Prices by Country

In 2018, the average marble and travertine crude export price amounted to $X per ton, declining by -96% against the previous year. Overall, the export price, however, recorded a significant increase. The pace of growth appeared the most rapid in 2017 when the average export price decreased by -27.8%. The export price peaked at $X per ton in 2016; however, from 2017 to 2018, the export prices stood at a somewhat lower figure.

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

From 2012 to 2018, the rate of growth in terms of prices for Taiwan (Chinese) amounted to 0.0% per year.

Imports of Marble And Travertine

Imports into the Philippines

In 2019, supplies from abroad of marble and travertine decreased by 0% to X tons, falling for the second year in a row after three years of decline. Over the period under review, imports showed a dramatic shrinkage. The growth pace was the most rapid in 2014 with an increase of 466%. As a result, imports reached the peak of X tons. From 2015 to 2019, the growth of crude imports remained at a somewhat lower figure.

In value terms, marble and travertine crude imports stood at $X in 2019. In general, imports showed a precipitous setback. The growth pace was the most rapid in 2014 with an increase of 338% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2019, the growth of crude imports failed to regain momentum.

Imports by Country

In 2019, Malaysia (X tons) was the main marble and travertine crude supplier to the Philippines, with a approx. 100% share of total imports.

From 2012 to 2019, the average annual rate of growth in terms of volume from Malaysia was relatively modest.

In value terms, Malaysia ($X) constituted the largest supplier of marble and travertine to the Philippines.

From 2012 to 2019, the average annual growth rate of value from Malaysia was relatively modest.

Import Prices by Country

In 2019, the average marble and travertine crude import price amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the import price posted resilient growth. The most prominent rate of growth was recorded in 2014 a decrease of -22.6% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2019, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Malaysia.

From 2012 to 2019, the rate of growth in terms of prices for China amounted to +71.1% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for marble and travertine in the world?

China constituted the country with the largest volume of marble and travertine crude consumption, comprising approx. 17% of total volume. Moreover, marble and travertine crude consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. Turkey ranked third in terms of total consumption with a 6.9% share.

What are the largest producers of marble and travertine in the world?

The countries with the highest volumes of marble and travertine crude production in 2021 were China, the United States and Turkey, together accounting for 32% of global production.

What are the leading suppliers of marble and travertine to the Philippines?

In value terms, Egypt, Italy and Spain $188) were the largest marble and travertine crude suppliers to the Philippines, together accounting for 98% of total imports.

What are the leading importers of marble and travertine from the Philippines?

In value terms, China remains the key foreign market for marble and travertine crude exports from the Philippines, comprising 81% of total exports. The second position in the ranking was occupied by Taiwan Chinese), with a 7.5% share of total exports.

What is the average export price for marble and travertine in the Philippines?

The average marble and travertine crude export price stood at $164 per ton in 2021, declining by -3.2% against the previous year.

What is the average import price for marble and travertine in the Philippines?

In 2021, the average marble and travertine crude import price amounted to $687 per ton, increasing by 14% against the previous year.

This report provides an in-depth analysis of the market for marble and travertine crude in the Philippines. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 08111133 - Marble and travertine, crude or roughly trimmed

Country coverage:

Philippines

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Philippines
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023