Report Update Nov 1, 2024

United Arab Emirates - Granite Blocks and Slabs - Market Analysis, Forecast, Size, Trends and Insights

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United Arab Emirates: Granite Block Market 2024

Granite Block Market Size in the United Arab Emirates

The granite block market in the United Arab Emirates shrank remarkably to $X in 2022, reducing by -92.1% against the previous year. In general, consumption faced a precipitous decline. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Granite Block Production in the United Arab Emirates

In value terms, granite block production contracted to $X in 2022 estimated in export price. Overall, production, however, posted a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of 96%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Granite Block Exports

Exports from the United Arab Emirates

In 2022, exports of granite blocks and slabs from the United Arab Emirates surged to X tons, with an increase of 837% against the previous year. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, granite block exports soared to $X in 2022. Overall, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2016 when exports increased by 248% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

China (X tons) was the main destination for granite block exports from the United Arab Emirates, with a approx. 99% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to China amounted to +120.1%.

In value terms, China ($X) emerged as the key foreign market for granite blocks and slabs exports from the United Arab Emirates.

From 2012 to 2022, the average annual growth rate of value to China stood at +38.0%.

Export Prices by Country

In 2022, the average granite block export price amounted to $X per ton, declining by -78.3% against the previous year. Overall, the export price faced a abrupt decline. The most prominent rate of growth was recorded in 2014 an increase of 88%. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to +6.8% per year.

Granite Block Imports

Imports into the United Arab Emirates

Granite block imports into the United Arab Emirates rose remarkably to X tons in 2022, picking up by 15% against the previous year's figure. Over the period under review, imports, however, saw a deep downturn. The growth pace was the most rapid in 2018 with an increase of 212%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, granite block imports skyrocketed to $X in 2022. Overall, imports, however, saw a abrupt descent. The growth pace was the most rapid in 2018 when imports increased by 156% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, India (X tons) was the main granite block supplier to the United Arab Emirates, with a 91% share of total imports. Moreover, granite block imports from India exceeded the figures recorded by the second-largest supplier, Sri Lanka (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from India stood at +22.4%.

In value terms, India ($X) constituted the largest supplier of granite blocks and slabs to the United Arab Emirates, comprising 97% of total imports. The second position in the ranking was taken by Sri Lanka ($X), with a 1.1% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from India totaled +22.2%.

Import Prices by Country

In 2022, the average granite block import price amounted to $X per ton, remaining constant against the previous year. Over the period under review, the import price saw a mild expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 94%. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Sri Lanka stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for granite blocks and slabs in the world?

The countries with the highest volumes of granite block consumption in 2020 were China, the United States and India, together comprising 38% of global consumption.

What are the largest producers of granite blocks and slabs in the world?

The countries with the highest volumes of granite block production in 2020 were India, Brazil and China, with a combined 38% share of global production. These countries were followed by the United States, Italy, Japan, Russia, Pakistan, Turkey, Spain, Mexico, Portugal and Iran, which together accounted for a further 34%.

What are the leading suppliers of granite blocks and slabs to the United Arab Emirates?

In value terms, India constituted the largest supplier of granite block to the United Arab Emirates, comprising 79% of total imports. The second position in the ranking was occupied by Brazil, with a 17% share of total imports.

What are the leading importers of granite blocks and slabs from the United Arab Emirates?

In value terms, China remains the key foreign market for granite block exports from the United Arab Emirates, comprising 63% of total exports. The second position in the ranking was occupied by India, with a 20% share of total exports. It was followed by Nigeria, with an 11% share.

What is the average export price for granite blocks and slabs in the United Arab Emirates?

The average granite block export price stood at $299 per ton in 2020, declining by -61.7% against the previous year.

What is the average import price for granite blocks and slabs in the United Arab Emirates?

The average granite block import price stood at $281 per ton in 2020, flattening at the previous year.

This report provides an in-depth analysis of the granite block market in the United Arab Emirates. 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 08111236 - Granite merely cut into rectangular (including square) blocks or slabs

Country coverage:

United Arab Emirates

Data coverage:

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