Spain: Market for Marble And Travertine Blocks And Slabs 2024

Market Size for Marble And Travertine Blocks And Slabs in Spain

In 2022, the Spanish marble and travertine blocks market was finally on the rise to reach $X for the first time since 2014, thus ending a seven-year declining trend. In general, consumption, however, continues to indicate a abrupt shrinkage. Marble and travertine blocks consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Marble And Travertine Blocks And Slabs in Spain

In value terms, marble and travertine blocks production declined to $X in 2022 estimated in export price. Overall, production showed a abrupt setback. The growth pace was the most rapid in 2013 when the production volume increased by 11%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Exports of Marble And Travertine Blocks And Slabs

Exports from Spain

In 2022, exports of marble and travertine blocks and slabs from Spain dropped notably to X tons, reducing by -21.6% on the previous year's figure. Overall, exports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 52% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, marble and travertine blocks exports shrank significantly to $X in 2022. Over the period under review, exports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2013 with an increase of 23%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Egypt (X tons) was the main destination for marble and travertine blocks exports from Spain, accounting for a 38% share of total exports. Moreover, marble and travertine blocks exports to Egypt exceeded the volume sent to the second major destination, France (X tons), twofold. Morocco (X tons) ranked third in terms of total exports with a 9.3% share.

From 2012 to 2022, the average annual growth rate of volume to Egypt totaled +32.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+15.9% per year) and Morocco (-14.5% per year).

In value terms, France ($X), Egypt ($X) and Colombia ($X) constituted the largest markets for marble and travertine blocks exported from Spain worldwide, together comprising 46% of total exports.

Egypt, with a CAGR of +18.6%, recorded the highest growth rate of the value of exports, among 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 and travertine blocks export price stood at $X per ton in 2022, leveling off at the previous year. Over the period under review, the export price recorded a deep downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 48%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Marble And Travertine Blocks And Slabs

Imports into Spain

In 2022, purchases abroad of marble and travertine blocks and slabs increased by 2.9% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, recorded a pronounced decline. The pace of growth appeared the most rapid in 2018 with an increase of 45% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, marble and travertine blocks imports expanded notably to $X in 2022. Overall, imports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2018 with an increase of 47% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Turkey (X tons) constituted the largest marble and travertine blocks supplier to Spain, with a 35% share of total imports. Moreover, marble and travertine blocks imports from Turkey exceeded the figures recorded by the second-largest supplier, Mexico (X tons), twofold. The third position in this ranking was taken by Portugal (X tons), with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey totaled -4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+20.0% per year) and Portugal (+4.8% per year).

In value terms, Turkey ($X) constituted the largest supplier of marble and travertine blocks and slabs to Spain, comprising 40% of total imports. The second position in the ranking was held by Italy ($X), with a 12% share of total imports. It was followed by Portugal, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-16.8% per year) and Portugal (+5.2% per year).

Import Prices by Country

The average marble and travertine blocks import price stood at $X per ton in 2022, picking up by 9.4% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable shrinkage. The growth pace was the most rapid in 2015 when the average import price increased by 10% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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