South Africa: Marble Building Stone Market 2025

Marble Building Stone Market Size in South Africa

In 2021, the South African marble building stone market increased by 31% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, showed a abrupt decrease. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Marble Building Stone Exports

Exports from South Africa

In 2021, marble building stone exports from South Africa fell notably to X tons, waning by -47.1% on the previous year's figure. Overall, exports showed a deep downturn. The pace of growth was the most pronounced in 2017 when exports increased by 88% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, marble building stone exports fell rapidly to $X in 2021. In general, exports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2017 when exports increased by 63% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Zimbabwe (X tons) was the main destination for marble building stone exports from South Africa, with a 40% share of total exports. Moreover, marble building stone exports to Zimbabwe exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), threefold. Namibia (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Zimbabwe amounted to +36.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+57.1% per year) and Namibia (+9.8% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for marble building stone exports from South Africa, comprising 51% of total exports. The second position in the ranking was held by Zimbabwe ($X), with a 25% share of total exports. It was followed by Democratic Republic of the Congo, with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates amounted to +59.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zimbabwe (+38.7% per year) and Democratic Republic of the Congo (-2.6% per year).

Export Prices by Country

In 2021, the average marble building stone export price amounted to $X per ton, picking up by 30% against the previous year. Overall, export price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, marble building stone export price increased by +96.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the average export price increased by 51% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Namibia ($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 United States (+26.4%), while the prices for the other major destinations experienced more modest paces of growth.

Marble Building Stone Imports

Imports into South Africa

In 2021, supplies from abroad of marble building stone was finally on the rise to reach X tons after five years of decline. Overall, imports, however, recorded a abrupt decline. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, marble building stone imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a abrupt shrinkage. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Turkey (X tons), China (X tons) and Namibia (X tons) were the main suppliers of marble building stone imports to South Africa, with a combined 69% share of total imports. India, Italy, Spain and Egypt lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +3.0%), while imports for the other leaders experienced a decline.

In value terms, the largest marble building stone suppliers to South Africa were China ($X), Turkey ($X) and Italy ($X), together comprising 66% of total imports. These countries were followed by Namibia, India, Spain and Egypt, which together accounted for a further 29%.

Namibia, with a CAGR of +13.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average marble building stone import price stood at $X per ton in 2021, growing by 5.1% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.4%. The pace of growth appeared the most rapid in 2018 an increase of 16% against the previous year. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Namibia (+23.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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