Report Update Nov 1, 2024

Thailand - Crude Marble and Travertine - Market Analysis, Forecast, Size, Trends and Insights

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Thailand: Market for Marble And Travertine 2024

Market Size for Marble And Travertine in Thailand

The Thai marble and travertine crude market dropped modestly to $X in 2022, reducing by -2.2% against the previous year. Overall, consumption continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2018 when the market value increased by 5% against the previous year. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Marble And Travertine in Thailand

In value terms, marble and travertine crude production contracted modestly to $X in 2022 estimated in export price. Overall, production saw a abrupt descent. The growth pace was the most rapid in 2018 when the production volume increased by 4.9%. Over the period under review, crude production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Marble And Travertine

Exports from Thailand

In 2022, exports of marble and travertine from Thailand contracted sharply to X kg, shrinking by 99.9% against 2021. Over the period under review, exports showed a sharp contraction. The most prominent rate of growth was recorded in 2020 with an increase of 283,200%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the crude exports remained at a lower figure.

In value terms, marble and travertine crude exports fell remarkably to $X in 2022. Overall, exports showed a dramatic decrease. The pace of growth appeared the most rapid in 2020 with an increase of 98,188%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the crude exports failed to regain momentum.

Exports by Country

Malaysia (X kg) was the main destination for marble and travertine crude exports from Thailand, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Malaysia amounted to -38.9%.

In value terms, Malaysia ($X) emerged as the key foreign market for marble and travertine exports from Thailand.

From 2012 to 2022, the average annual rate of growth in terms of value to Malaysia totaled -28.0%.

Export Prices by Country

In 2022, the average marble and travertine crude export price amounted to $X per ton, surging by 348% against the previous year. In general, the export price enjoyed tangible growth. The most prominent rate of growth was recorded in 2015 an increase of 1,580% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Malaysia.

From 2012 to 2022, the rate of growth in terms of prices for Myanmar amounted to +97.2% per year.

Imports of Marble And Travertine

Imports into Thailand

For the third consecutive year, Thailand recorded growth in supplies from abroad of marble and travertine, which increased by 690% to X kg in 2021. Over the period under review, imports, however, recorded a sharp slump. The pace of growth appeared the most rapid in 2013 with an increase of 3,285% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of crude imports failed to regain momentum.

In value terms, marble and travertine crude imports shrank sharply to $X in 2021. In general, imports, however, recorded a sharp decline. The growth pace was the most rapid in 2013 when imports increased by 9,910%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of crude imports remained at a somewhat lower figure.

Imports by Country

In 2021, Indonesia (X kg) was the main marble and travertine crude supplier to Thailand, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Indonesia totaled +6.7%.

In value terms, Indonesia ($X) constituted the largest supplier of marble and travertine to Thailand.

From 2012 to 2021, the average annual growth rate of value from Indonesia totaled +17.6%.

Import Prices by Country

The average marble and travertine crude import price stood at $X per ton in 2021, falling by -96.1% against the previous year. Over the period under review, the import price, however, showed a modest increase. The growth pace was the most rapid in 2013 when the average import price increased by 196% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2020, and then fell significantly in the following year.

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

From 2012 to 2021, the rate of growth in terms of prices for Italy amounted to +72.7% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for marble and travertine in the world?

The country with the largest volume of marble and travertine crude consumption was China, comprising approx. 17% of total volume. Moreover, marble and travertine crude consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by Turkey, with a 6.9% share.

What are the largest producers of marble and travertine in the world?

The countries with the highest volumes of marble and travertine crude production in 2021 were China, the United States and Turkey, with a combined 32% share of global production.

What are the leading suppliers of marble and travertine to Thailand?

In value terms, Italy, Greece and Turkey were the largest marble and travertine crude suppliers to Thailand, together accounting for 100% of total imports.

What are the leading importers of marble and travertine from Thailand?

In value terms, the largest markets for marble and travertine crude exported from Thailand were China and Lao People's Democratic Republic.

What is the average export price for marble and travertine in Thailand?

The average marble and travertine crude export price stood at $412 per ton in 2021, rising by 6.3% against the previous year.

What is the average import price for marble and travertine in Thailand?

In 2021, the average marble and travertine crude import price amounted to $465 per ton, shrinking by -96.6% against the previous year.

This report provides an in-depth analysis of the market for marble and travertine crude in Thailand. 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 08111133 - Marble and travertine, crude or roughly trimmed

Country coverage:

Thailand

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Thailand
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