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

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

The Spanish market for granules, chippings and powder of monumental stone rose significantly to $X in 2021, increasing by 13% against the previous year. In general, consumption, however, recorded a abrupt contraction. Monumental stone granules and powder consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Granules, Chippings And Powder Of Monumental Stone in Spain

In value terms, monumental stone granules and powder production expanded markedly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2019 with an increase of 39%. 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 Monumental Stone

Exports from Spain

In 2021, shipments abroad of granules, chippings and powder of monumental stone was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 164%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, monumental stone granules and powder exports skyrocketed to $X in 2021. In general, exports posted a buoyant increase. The growth pace was the most rapid in 2017 with an increase of 94%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for monumental stone granules and powder exports from Spain, accounting for a 66% share of total exports. Moreover, monumental stone granules and powder exports to France exceeded the volume sent to the second major destination, the UK (X tons), sixfold. Andorra (X tons) ranked third in terms of total exports with an 8% share.

From 2012 to 2021, the average annual growth rate of volume to France totaled +22.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+161.2% per year) and Andorra (+9.2% per year).

In value terms, France ($X) remains the key foreign market for granules, chippings and powder of monumental stone exports from Spain, comprising 57% of total exports. The second position in the ranking was taken by Andorra ($X), with a 7.9% share of total exports. It was followed by the UK, with a 6.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France stood at +9.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Andorra (+5.1% per year) and the UK (+192.0% per year).

Export Prices by Country

The average export price for granules, chippings and powder of monumental stone stood at $X per ton in 2021, increasing by 7.9% against the previous year. Over the period under review, the export price, however, showed a abrupt descent. The pace of growth appeared the most rapid in 2019 when the average export price increased by 66% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Gibraltar ($X per ton), while the average price for exports to the UK ($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 Mauritania (+46.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Granules, Chippings And Powder Of Monumental Stone

Imports into Spain

In 2021, supplies from abroad of granules, chippings and powder of monumental stone increased by 93% to X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, imports, however, saw a deep downturn. The pace of growth was the most pronounced in 2017 with an increase of 137% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, monumental stone granules and powder imports soared to $X in 2021. In general, imports continue to indicate pronounced growth. The pace of growth was the most pronounced in 2017 when imports increased by 144%. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Norway (X tons), France (X tons) and Portugal (X tons) were the main suppliers of monumental stone granules and powder imports to Spain, with a combined 92% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Norway (with a CAGR of +192.4%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, France ($X), Norway ($X) and Portugal ($X) appeared to be the largest monumental stone granules and powder suppliers to Spain, together accounting for 87% of total imports.

Norway, with a CAGR of +260.7%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for granules, chippings and powder of monumental stone stood at $X per ton in 2021, shrinking by -22.4% against the previous year. In general, the import price, however, continues to indicate resilient growth. The pace of growth was the most pronounced in 2020 an increase of 114% against the previous year. As a result, import price reached the peak level of $X per ton, and then contracted significantly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+23.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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