United Arab Emirates: Market for Granules, Chippings And Powder Of Marble 2024

Market Size for Granules, Chippings And Powder Of Marble in the United Arab Emirates

After two years of decline, the marble granules and powder market in the United Arab Emirates increased by 17% to $X in 2021. Over the period under review, consumption, however, continues to indicate a slight setback. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Production of Granules, Chippings And Powder Of Marble in the United Arab Emirates

In value terms, marble granules and powder production rose sharply to $X in 2021 estimated in export price. Overall, production showed a pronounced expansion. The most prominent rate of growth was recorded in 2014 when the production volume increased by 223% against the previous year. Marble granules and powder production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Granules, Chippings And Powder Of Marble

Exports from the United Arab Emirates

After two years of growth, shipments abroad of granules, chippings and powder of marble decreased by -21.6% to X tons in 2021. Over the period under review, exports, however, saw a prominent expansion. The growth pace was the most rapid in 2020 with an increase of 119% against the previous year. As a result, the exports attained the peak of X tons, and then reduced notably in the following year.

In value terms, marble granules and powder exports reduced slightly to $X in 2021. In general, exports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of 126% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons), Oman (X tons) and Free Zones (X tons) were the main destinations of marble granules and powder exports from the United Arab Emirates, together accounting for 84% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Free Zones (with a CAGR of +77.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for marble granules and powder exported from the United Arab Emirates were Oman ($X), Saudi Arabia ($X) and Iraq ($X), together comprising 68% of total exports. Free Zones, Egypt and Italy lagged somewhat behind, together accounting for a further 16%.

Free Zones, with a CAGR of +83.8%, recorded the highest growth rate of the value of exports, among 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 2021, the average marble granules and powder export price amounted to $X per ton, with an increase of 25% against the previous year. Over the period under review, the export price, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2018 an increase of 61%. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Free Zones ($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 Italy (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Granules, Chippings And Powder Of Marble

Imports into the United Arab Emirates

In 2021, supplies from abroad of granules, chippings and powder of marble increased by 75% to X tons, rising for the second year in a row after four years of decline. In general, imports, however, faced a dramatic decline. The pace of growth was the most pronounced in 2015 when imports increased by 103% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, marble granules and powder imports surged to $X in 2021. Over the period under review, imports, however, recorded a precipitous contraction. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Oman (X tons) constituted the largest supplier of marble granules and powder to the United Arab Emirates, accounting for a 71% share of total imports. Moreover, marble granules and powder imports from Oman exceeded the figures recorded by the second-largest supplier, Iran (X tons), eightfold. Italy (X tons) ranked third in terms of total imports with a 2.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Oman totaled -35.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (-29.3% per year) and Italy (-25.0% per year).

In value terms, the largest marble granules and powder suppliers to the United Arab Emirates were Oman ($X), Iran ($X) and Italy ($X), with a combined 74% share of total imports. India, Vietnam and Pakistan lagged somewhat behind, together accounting for a further 6.3%.

In terms of the main suppliers, Pakistan, with a CAGR of +11.9%, saw the highest rates of growth with regard to 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 marble granules and powder import price stood at $X per ton in 2021, picking up by 10% against the previous year. Over the period under review, the import price showed a resilient expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 146%. Over the period under review, average import prices reached the peak figure in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Iran ($X per ton), while the price for Oman ($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 (+19.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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