South Africa: Market for Granules, Chippings And Powder Of Marble 2024

Market Size for Granules, Chippings And Powder Of Marble in South Africa

The South African marble granules and powder market reached $X in 2021, increasing by 5.5% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Granules, Chippings And Powder Of Marble in South Africa

In value terms, marble granules and powder production expanded rapidly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a mild curtailment. The growth pace was the most rapid in 2017 with an increase of 25%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Granules, Chippings And Powder Of Marble

Exports from South Africa

In 2021, shipments abroad of granules, chippings and powder of marble was finally on the rise to reach X tons after two years of decline. In general, exports, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2017 when exports increased by 162% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, marble granules and powder exports skyrocketed to $X in 2021. Over the period under review, exports, however, showed a abrupt setback. The growth pace was the most rapid in 2017 when exports increased by 135% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Botswana (X tons) was the main destination for marble granules and powder exports from South Africa, accounting for a 46% share of total exports. Moreover, marble granules and powder exports to Botswana exceeded the volume sent to the second major destination, Mozambique (X tons), eightfold. The third position in this ranking was taken by France (X tons), with a 4.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Botswana stood at -13.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mozambique (+85.9% per year) and France (0.0% per year).

In value terms, the largest markets for marble granules and powder exported from South Africa were Mozambique ($X), Botswana ($X) and France ($X), with a combined 70% share of total exports.

Mozambique, with a CAGR of +64.1%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average marble granules and powder export price stood at $X per ton in 2021, rising by 2.1% against the previous year. In general, the export price, however, showed a perceptible decrease. The growth pace was the most rapid in 2020 when the average export price increased by 58%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Mozambique ($X per ton), while the average price for exports to China ($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 Lesotho (-3.8%), while the prices for the other major destinations experienced a decline.

Imports of Granules, Chippings And Powder Of Marble

Imports into South Africa

In 2021, overseas purchases of granules, chippings and powder of marble decreased by -54.4% to X tons, falling for the third year in a row after two years of growth. Overall, imports faced a abrupt downturn. The most prominent rate of growth was recorded in 2014 when imports increased by 60%. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, marble granules and powder imports shrank sharply to $X in 2021. In general, imports recorded a abrupt setback. The pace of growth appeared the most rapid in 2018 with an increase of 40% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Namibia (X tons) was the main supplier of marble granules and powder to South Africa, accounting for a 95% share of total imports. It was followed by Turkey (X tons), with a 2.9% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Namibia amounted to -10.7%.

In value terms, Namibia ($X) constituted the largest supplier of granules, chippings and powder of marble to South Africa, comprising 65% of total imports. The second position in the ranking was taken by Turkey ($X), with a 16% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Namibia amounted to -14.5%.

Import Prices by Country

The average marble granules and powder import price stood at $X per ton in 2021, jumping by 22% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Namibia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+5.3%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :