Portugal: Market for Granules, Chippings And Powder Of Marble 2024

Market Size for Granules, Chippings And Powder Of Marble in Portugal

The Portuguese marble granules and powder market totaled $X in 2021, growing by 8.2% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Granules, Chippings And Powder Of Marble in Portugal

In value terms, marble granules and powder production expanded notably to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the production volume increased by 31%. Marble granules and powder production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Exports of Granules, Chippings And Powder Of Marble

Exports from Portugal

In 2021, approx. X tons of granules, chippings and powder of marble were exported from Portugal; falling by -55.3% against the previous year. Overall, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2018 when exports increased by 76% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, marble granules and powder exports declined notably to $X in 2021. In general, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2018 when exports increased by 78% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X tons) was the main destination for marble granules and powder exports from Portugal, accounting for a 98% share of total exports. It was followed by France (X tons), with a 1.6% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Spain stood at -7.8%.

In value terms, Spain ($X) remains the key foreign market for granules, chippings and powder of marble exports from Portugal, comprising 97% of total exports. The second position in the ranking was taken by France ($X), with a 1.6% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Spain stood at -7.2%.

Export Prices by Country

The average marble granules and powder export price stood at $X per ton in 2021, growing by 1.6% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 27%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Spain stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Granules, Chippings And Powder Of Marble

Imports into Portugal

In 2021, imports of granules, chippings and powder of marble into Portugal soared to X tons, increasing by 51% compared with the previous year's figure. Over the period under review, imports enjoyed a resilient expansion. The pace of growth was the most pronounced in 2017 with an increase of 274% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, marble granules and powder imports skyrocketed to $X in 2021. In general, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Spain (X tons) constituted the largest supplier of marble granules and powder to Portugal, accounting for a 89% share of total imports. Moreover, marble granules and powder imports from Spain exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain amounted to +15.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+21.4% per year) and Germany (-6.7% per year).

In value terms, Spain ($X) constituted the largest supplier of granules, chippings and powder of marble to Portugal, comprising 69% of total imports. The second position in the ranking was taken by Italy ($X), with a 17% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Spain was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+21.0% per year) and Germany (-5.8% per year).

Import Prices by Country

The average marble granules and powder import price stood at $X per ton in 2021, picking up by 23% against the previous year. Overall, the import price, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2013 when the average import price increased by 49% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 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 Germany ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+1.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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