Report Update Nov 1, 2024

Singapore - Granules, Chippings and Powder of Monumental Stone - Market Analysis, Forecast, Size, Trends and Insights

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Singapore: Market for Granules, Chippings And Powder Of Monumental Stone 2024

Market Size for Granules, Chippings And Powder Of Monumental Stone in Singapore

The Singaporean market for granules, chippings and powder of monumental stone surged to $X in 2021, growing by 18,727% against 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). Overall, consumption, however, showed a deep downturn. Monumental stone granules and powder consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Exports of Granules, Chippings And Powder Of Monumental Stone

Exports from Singapore

In 2021, the amount of granules, chippings and powder of monumental stone exported from Singapore stood at X tons, remaining stable against the previous year's figure. In general, exports, however, continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 8,554%. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, monumental stone granules and powder exports stood at $X in 2021. Overall, exports, however, saw a sharp decline. The most prominent rate of growth was recorded in 2014 with an increase of 289% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Maldives (X tons), Indonesia (X tons) and Australia (X tons) were the main destinations of monumental stone granules and powder exports from Singapore, together comprising 72% of total exports. These countries were followed by Taiwan (Chinese), Vietnam and Malaysia, which together accounted for a further 27%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Vietnam (with a CAGR of +29.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for monumental stone granules and powder exported from Singapore were Australia ($X), Maldives ($X) and Indonesia ($X), with a combined 66% share of total exports.

In terms of the main countries of destination, Australia, with a CAGR of +16.7%, 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 export price for granules, chippings and powder of monumental stone amounted to $X per ton, surging by 8.4% against the previous year. In general, the export price, however, recorded a mild slump. The pace of growth appeared the most rapid in 2013 when the average export price increased by 653% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Maldives ($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 Maldives (+8.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Granules, Chippings And Powder Of Monumental Stone

Imports into Singapore

Monumental stone granules and powder imports into Singapore surged to X tons in 2021, increasing by 22,003% compared with 2020 figures. Over the period under review, imports, however, continue to indicate a deep reduction. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, monumental stone granules and powder imports skyrocketed to $X in 2021. Overall, imports, however, recorded a abrupt setback. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) was the main monumental stone granules and powder supplier to Singapore, accounting for a approx. 99.9% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +38.7%.

In value terms, China ($X) constituted the largest supplier of granules, chippings and powder of monumental stone to Singapore.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +13.2%.

Import Prices by Country

In 2021, the average import price for granules, chippings and powder of monumental stone amounted to $X per ton, dropping by -65.2% against the previous year. Over the period under review, the import price continues to indicate a noticeable setback. The growth pace was the most rapid in 2014 an increase of 283%. Over the period under review, average import prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Indonesia amounted to -11.2% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for granules, chippings and powder of monumental stone in the world?

The countries with the highest volumes of monumental stone granules and powder consumption in 2020 were China, Hong Kong SAR and Germany, with a combined 33% share of global consumption.

What are the largest producers of granules, chippings and powder of monumental stone in the world?

China constituted the country with the largest volume of monumental stone granules and powder production, comprising approx. 24% of total volume. Moreover, monumental stone granules and powder production in China exceeded the figures recorded by the second-largest producer, Germany, threefold. The third position in this ranking was occupied by the United States, with a 7.7% share.

What are the leading suppliers of granules, chippings and powder of monumental stone to Singapore?

In value terms, Germany constituted the largest supplier of monumental stone granules and powder to Singapore, comprising 79% of total imports. The second position in the ranking was occupied by Vietnam, with a 17% share of total imports. It was followed by Indonesia, with a 3.4% share.

What are the leading importers of granules, chippings and powder of monumental stone from Singapore?

In value terms, the largest markets for monumental stone granules and powder exported from Singapore were Indonesia, Malaysia and Qatar, together comprising 77% of total exports.

What is the average export price for granules, chippings and powder of monumental stone in Singapore?

In 2020, the average export price for granules, chippings and powder of monumental stone amounted to $450 per ton, stabilizing at the previous year.

What is the average import price for granules, chippings and powder of monumental stone in Singapore?

The average import price for granules, chippings and powder of monumental stone stood at $80 per ton in 2020, reducing by -11.8% against the previous year.

This report provides an in-depth analysis of the market for monumental stone granules and powder 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 08121290 - Granules, chippings and powder of travertine, ecaussine, granite, porphyry, basalt, sandstone and other monumental stone

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