Report Update Nov 1, 2024

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

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Singapore: Market for Marble And Travertine 2024

Market Size for Marble And Travertine in Singapore

In 2022, the Singaporean marble and travertine crude market increased by 3.2% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, recorded a abrupt setback. Marble and travertine crude consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Marble And Travertine in Singapore

In value terms, marble and travertine crude production reduced slightly to $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2018 when the production volume increased by 3%. Marble and travertine crude production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Marble And Travertine

Exports from Singapore

After four years of growth, overseas shipments of marble and travertine decreased by -94% to X tons in 2022. Overall, exports showed a deep setback. The growth pace was the most rapid in 2021 when exports increased by 112%. As a result, the exports reached the peak of X tons, and then declined markedly in the following year.

In value terms, marble and travertine crude exports surged to $X in 2022. Over the period under review, exports continue to indicate a perceptible descent. The growth pace was the most rapid in 2020 when exports increased by 122% against the previous year. Over the period under review, the crude exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

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

From 2012 to 2022, the average annual growth rate of volume to Germany was relatively modest.

In value terms, Germany ($X) emerged as the key foreign market for marble and travertine exports from Singapore.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany was relatively modest.

Export Prices by Country

The average marble and travertine crude export price stood at $X per ton in 2022, increasing by 2,273% against the previous year. In general, the export price recorded a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Myanmar amounted to +289.4% per year.

Imports of Marble And Travertine

Imports into Singapore

In 2022, imports of marble and travertine into Singapore surged to X tons, growing by 565% on the previous year. Overall, imports showed a resilient increase. The growth pace was the most rapid in 2021 when imports increased by 4,855% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, marble and travertine crude imports soared to $X in 2022. Over the period under review, imports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 7,076%. Over the period under review, crude imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X tons) was the main supplier of marble and travertine crude to Singapore, with a 100% share of total imports. It was followed by Italy (X tons), with a 0.5% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +51.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-16.5% per year) and Turkey (-70.9% per year).

In value terms, China ($X) constituted the largest supplier of marble and travertine to Singapore, comprising 100% of total imports. The second position in the ranking was taken by Italy ($X), with a 0.1% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +80.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-28.4% per year) and Turkey (-70.6% per year).

Import Prices by Country

In 2022, the average marble and travertine crude import price amounted to $X per ton, surging by 111% against the previous year. Over the period under review, the import price continues to indicate strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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, accounting for 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 comprising 32% of global production.

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

In value terms, the largest marble and travertine crude suppliers to Singapore were Italy and Greece.

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

The average marble and travertine crude export price stood at $91 per ton in 2021, declining by -96.1% against the previous year.

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

In 2021, the average marble and travertine crude import price amounted to $1,030 per ton, growing by 176% against the previous year.

This report provides an in-depth analysis of the market for marble and travertine crude in Singapore. 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:

Singapore

Data coverage:

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