Tunisia: Market for Marble And Travertine Blocks And Slabs 2024

Market Size for Marble And Travertine Blocks And Slabs in Tunisia

In 2022, the Tunisian marble and travertine blocks market increased by 182% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption continues to indicate strong growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Marble And Travertine Blocks And Slabs in Tunisia

In value terms, marble and travertine blocks production expanded significantly to $X in 2022 estimated in export price. Overall, production showed a resilient increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by 111%. Marble and travertine blocks production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Marble And Travertine Blocks And Slabs

Exports from Tunisia

In 2022, marble and travertine blocks exports from Tunisia dropped markedly to X tons, which is down by -35.8% against 2021 figures. Over the period under review, exports, however, posted a noticeable increase. The pace of growth appeared the most rapid in 2013 when exports increased by 189% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, marble and travertine blocks exports shrank significantly to $X in 2022. Overall, exports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2013 with an increase of 151%. Over the period under review, the exports hit record highs at $X in 2021, and then declined significantly in the following year.

Exports by Country

Italy (X tons), China (X tons) and Hong Kong SAR (X tons) were the main destinations of marble and travertine blocks exports from Tunisia.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +59.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for marble and travertine blocks exported from Tunisia were China ($X), Italy ($X) and Hong Kong SAR ($X), with a combined 97% share of total exports. India, Turkey, Libya and Lebanon lagged somewhat behind, together accounting for a further 19%.

India, with a CAGR of +48.3%, recorded the highest rates of growth with regard to the value of exports, in terms of 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

In 2022, the average marble and travertine blocks export price amounted to $X per ton, almost unchanged from the previous year. Overall, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, marble and travertine blocks export price increased by +92.0% against 2016 indices. The pace of growth appeared the most rapid in 2020 an increase of 39% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then shrank slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Libya ($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 Turkey (+1.3%), while the prices for the other major destinations experienced a decline.

Imports of Marble And Travertine Blocks And Slabs

Imports into Tunisia

In 2022, purchases abroad of marble and travertine blocks and slabs increased by 43% to X tons, rising for the second year in a row after two years of decline. In general, imports, however, saw a pronounced curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 382%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, marble and travertine blocks imports skyrocketed to $X in 2022. Over the period under review, imports saw a pronounced increase. The most prominent rate of growth was recorded in 2021 when imports increased by 710%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Italy (X tons) constituted the largest marble and travertine blocks supplier to Tunisia, with a 76% share of total imports. Moreover, marble and travertine blocks imports from Italy exceeded the figures recorded by the second-largest supplier, Greece (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume from Italy totaled -5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (+6.2% per year) and Turkey (+12.0% per year).

In value terms, Italy ($X) constituted the largest supplier of marble and travertine blocks and slabs to Tunisia, comprising 78% of total imports. The second position in the ranking was held by Greece ($X), with a 14% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (+15.4% per year) and Turkey (+20.9% per year).

Import Prices by Country

The average marble and travertine blocks import price stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, marble and travertine blocks import price increased by +67.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 68% against the previous year. As a result, import price attained the peak level of $X per ton, leveling off in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform