United Arab Emirates: Granite Block Market 2025

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

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