Thailand: Market for Marble And Travertine 2025

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

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