Report Update Nov 1, 2024

Puerto Rico - Granite, Sandstone and Other Building Stone - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Market for Granite, Sandstone And Other Building Stone 2022

Market Size for Granite, Sandstone And Other Building Stone in Puerto Rico

The Puerto Rican market for granite, sandstone and other building stone amounted to less than $X in 2021, leveling off at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a relatively flat trend pattern.

Exports of Granite, Sandstone And Other Building Stone

Exports by Country

India represented the major exporting country with an export of around X tons, which accounted for 59% of total exports. It was distantly followed by China (X tons), achieving a 16% share of total exports. The following exporters - Brazil (X tons), Portugal (X tons), Spain (X tons), Norway (X tons), South Africa (X tons) and Finland (X tons) - together made up 12% of total exports.

India was also the fastest-growing in terms of the granite, sandstone and other building stone exports, with a CAGR of +12.7% from 2012 to 2021. At the same time, China (+8.5%) and Spain (+4.6%) displayed positive paces of growth. Portugal and Norway experienced a relatively flat trend pattern. By contrast, South Africa (-1.9%), Brazil (-4.1%) and Finland (-18.4%) illustrated a downward trend over the same period. While the share of India (+23 p.p.) and China (+2.2 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of South Africa (-1.7 p.p.), Portugal (-1.8 p.p.), Finland (-3.3 p.p.) and Brazil (-6.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest granite, sandstone and other building stone supplier from Puerto Rico, comprising 46% of global exports. The second position in the ranking was taken by China ($X), with a 10% share of global exports. It was followed by Brazil, with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value in India totaled +1.7%. The remaining exporting countries recorded the following average annual rates of exports growth: China (+15.9% per year) and Brazil (-6.1% per year).

Export Prices by Country

In 2021, the export price in Puerto Rico amounted to less than $X per ton, standing approx. at the previous year. Over the period under review, the export price saw a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Norway ($X per ton), while China ($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 (+6.7%), while the other leaders experienced a decline in the export price figures.

Imports of Granite, Sandstone And Other Building Stone

Imports by Country

China (X tons) and Singapore (less than X tons) represented roughly 45% of total imports in 2021. The UK (X tons) held the next position in the ranking, distantly followed by Denmark (X tons). All these countries together took near 29% share of total imports. The following importers - the Netherlands (X tons), Italy (X tons), Spain (X tons), Taiwan (Chinese) (X tons), France (X tons), Poland (X tons) and Germany (X tons) - together made up 13% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the UK (with a CAGR of +25.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported granite, sandstone and other building stone into Puerto Rico, comprising 53% of global imports. The second position in the ranking was held by the UK ($X), with a 15% share of global imports. It was followed by Italy, with a 5.5% share.

From 2012 to 2021, the average annual growth rate of value in China amounted to +5.6%. In the other countries, the average annual rates were as follows: the UK (+15.4% per year) and Italy (-2.7% per year).

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per ton, stabilizing at the previous year. In general, the import price continues to indicate a relatively flat trend pattern.

Prices varied noticeably country of destination: the country with the highest price was Italy ($X per ton), while Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+25.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest producers of granite, sandstone and other building stone in the world?

India constituted the country with the largest volume of production of granite, sandstone and other building stone, comprising approx. 70% of total volume. Moreover, production of granite, sandstone and other building stone in India exceeded the figures recorded by the second-largest producer, Norway, fivefold. The third position in this ranking was occupied by Brazil, with a 4.5% share.

What are the leading suppliers of granite, sandstone and other building stone to Puerto Rico?

In value terms, China constitutes the largest market for imported granite, sandstone and other building stone into Puerto Rico, comprising 46% of global imports. The second position in the ranking was occupied by the UK, with a 13% share of global imports. It was followed by Italy, with a 7.8% share.

What are the leading importers of granite, sandstone and other building stone from Puerto Rico?

In value terms, India remains the largest granite, sandstone and other building stone supplier from Puerto Rico, comprising 50% of global exports. The second position in the ranking was occupied by Brazil, with an 8.9% share of global exports. It was followed by Norway, with a 5.5% share.

What is the average export price for granite, sandstone and other building stone in Puerto Rico?

In 2021, the ilding stone in Puerto Rico amounted to less than $0.1 per ton, leveling off at the previous year.

What is the average import price for granite, sandstone and other building stone in Puerto Rico?

In 2021, the ilding stone in Puerto Rico amounted to less than $0.1 per ton, almost unchanged from the previous year.

This report provides an in-depth analysis of the market for granite, sandstone and other building stone in Puerto Rico. 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 08111233 - Granite, crude or roughly trimmed
Prodcom 08111236 - Granite merely cut into rectangular (including square) blocks or slabs
Prodcom 08111250 - Sandstone
Prodcom 08111290 - Porphyry, basalt, quartzites and other monumental or building stone, crude, roughly trimmed or merely cut (excluding calcareous monumental or building stone of a gravity . 2,5, g ranite and sandstone)

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
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