U.S.: Granite Building Stone Market 2025

Granite Building Stone Market Size in the U.S.

The U.S. granite building stone market dropped to $X in 2021, which is down by -8.9% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. Granite building stone consumption peaked at $X in 2020, and then declined in the following year.

Granite Building Stone Production in the U.S.

In value terms, granite building stone production fell dramatically to $X in 2021. Over the period under review, production, however, posted a temperate expansion. The most prominent rate of growth was recorded in 2015 when the production volume increased by 136% against the previous year. Granite building stone production peaked at $X in 2020, and then plummeted in the following year.

Granite Building Stone Exports

Exports from the U.S.

In 2021, the amount of granite building stone exported from the United States declined markedly to X tons, which is down by -24.5% against the previous year. In general, exports faced a abrupt contraction. The pace of growth was the most pronounced in 2019 with an increase of 0.1%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, granite building stone exports plummeted to $X in 2021. Overall, exports showed a abrupt contraction. The smallest decline of -0.1% was in 2013. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Canada (X tons) was the main destination for granite building stone exports from the United States, accounting for a 80% share of total exports. Moreover, granite building stone exports to Canada exceeded the volume sent to the second major destination, Mexico (X tons), sevenfold. Bahamas (X tons) ranked third in terms of total exports with a 1.9% share.

From 2012 to 2021, the average annual growth rate of volume to Canada totaled -13.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-19.8% per year) and Bahamas (-7.6% per year).

In value terms, Canada ($X) remains the key foreign market for granite building stone exports from the United States, comprising 68% of total exports. The second position in the ranking was taken by Mexico ($X), with a 9.3% share of total exports. It was followed by Bahamas, with a 5.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada totaled -15.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-10.7% per year) and Bahamas (-4.0% per year).

Export Prices by Country

In 2021, the average granite building stone export price amounted to $X per ton, dropping by -7.4% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 18%. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Bahamas ($X per ton), while the average price for exports to China ($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 Mexico (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Granite Building Stone Imports

Imports into the U.S.

In 2021, approx. X tons of granite building stone were imported into the United States; surging by 7.2% against 2020 figures. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 25%. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, granite building stone imports stood at $X in 2021. Over the period under review, imports, however, showed a pronounced decline. The growth pace was the most rapid in 2013 with an increase of 18%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Brazil (X tons), India (X tons) and China (X tons) were the main suppliers of granite building stone imports to the United States, together accounting for 89% of total imports. Spain, Canada and Italy lagged somewhat behind, together comprising a further 9%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +12.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), India ($X) and China ($X) constituted the largest granite building stone suppliers to the United States, together comprising 85% of total imports. These countries were followed by Italy, Spain and Canada, which together accounted for a further 12%.

Among the main suppliers, Spain, with a CAGR of +4.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average granite building stone import price stood at $X per ton in 2021, increasing by 6.1% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2015 when the average import price increased by 13% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+3.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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