Portugal: Marble Building Stone Market 2025

Marble Building Stone Market Size in Portugal

In 2021, the Portuguese marble building stone market decreased by -41.2% to $X, falling for the second consecutive year after six years of growth. Overall, consumption recorded a perceptible slump. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Marble Building Stone Production in Portugal

In value terms, marble building stone production dropped markedly to $X in 2021 estimated in export price. Overall, production, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2018 with an increase of 35% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Marble Building Stone Exports

Exports from Portugal

In 2021, shipments abroad of marble building stone increased by 30% to X tons, rising for the second consecutive year after six years of decline. The total export volume increased at an average annual rate of +1.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, marble building stone exports expanded notably to $X in 2021. In general, exports, however, recorded a slight reduction. The growth pace was the most rapid in 2018 when exports increased by 18% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for marble building stone exports from Portugal, with a 54% share of total exports. Moreover, marble building stone exports to China exceeded the volume sent to the second major destination, Saudi Arabia (X tons), fivefold. The third position in this ranking was taken by France (X tons), with a 5.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to China totaled +52.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-13.4% per year) and France (-2.4% per year).

In value terms, China ($X), France ($X) and Saudi Arabia ($X) appeared to be the largest markets for marble building stone exported from Portugal worldwide, together accounting for 48% of total exports.

In terms of the main countries of destination, China, with a CAGR of +46.3%, saw the highest growth rate of the value of exports, 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, which is down by -12% against the previous year. In general, the export price recorded a pronounced contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 19% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to China ($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 the UK (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Marble Building Stone Imports

Imports into Portugal

In 2021, supplies from abroad of marble building stone decreased by -17.1% to X tons, falling for the third consecutive year after three years of growth. In general, imports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2016 when imports increased by 109% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, marble building stone imports reduced to $X in 2021. Over the period under review, imports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 41%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Italy (X tons), Turkey (X tons) and Spain (X tons) were the main suppliers of marble building stone imports to Portugal, with a combined 56% share of total imports. These countries were followed by Ireland, China, Belgium and Greece, which together accounted for a further 40%.

From 2012 to 2021, the biggest increases were recorded for Ireland (with a CAGR of +52.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest marble building stone suppliers to Portugal were Italy ($X), China ($X) and Spain ($X), with a combined 67% share of total imports. Turkey, Greece, Belgium and Ireland lagged somewhat behind, together comprising a further 26%.

Ireland, with a CAGR of +42.2%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average marble building stone import price stood at $X per ton in 2021, picking up by 10% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by 16%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Ireland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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