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Report World - Granite Blocks and Slabs - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

World - Granite Blocks and Slabs - Market Analysis, Forecast, Size, Trends and Insights

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Global Granite Block Market 2024

Granite Block Market Size

The global granite block market was estimated at $X in 2022, approximately mirroring the previous year. In general, consumption, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the market value increased by 4.5% against the previous year. Global consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Granite Block Production

In value terms, granite block production reduced slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 13%. As a result, production reached the peak level of $X. From 2020 to 2022, global production growth remained at a lower figure.

Granite Block Exports

Exports

Global granite block exports rose rapidly to X tons in 2022, surging by 7.2% on the year before. The total export volume increased at an average annual rate of +2.7% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2016 when exports increased by 14%. The global exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, granite block exports reached $X in 2022. Overall, exports saw a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

India (X tons) and Brazil (X tons) were the key exporters of granite blocks and slabs in 2022, reaching approx. 23% and 23% of total exports, respectively. Angola (X tons) ranks next in terms of the total exports with a 13% share, followed by Portugal (9.8%), Norway (6.4%), Turkey (5.8%) and Zimbabwe (5.3%).

From 2012 to 2022, the biggest increases were recorded for Angola (with a CAGR of +46.3%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, Brazil ($X), India ($X) and Angola ($X) were the countries with the highest levels of exports in 2022, with a combined 59% share of global exports.

In terms of the main exporting countries, Angola, with a CAGR of +35.7%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average granite block export price amounted to $X per ton, rising by 6.3% against the previous year. Over the period under review, the export price, however, saw a mild contraction. The growth pace was the most rapid in 2021 when the average export price increased by 7%. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per ton), while Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+0.8%), while the other global leaders experienced a decline in the export price figures.

Granite Block Imports

Imports

Global granite block imports soared to X tons in 2022, rising by 19% on 2021. In general, imports, however, showed a perceptible descent. Over the period under review, global imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, granite block imports rose notably to $X in 2022. Overall, imports, however, recorded a slight curtailment. Global imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

China dominates imports structure, amounting to X tons, which was approx. 59% of total imports in 2022. Taiwan (Chinese) (X tons), Algeria (X tons), Portugal (X tons), Belgium (X tons), Vietnam (X tons), Germany (X tons), Thailand (X tons) and Maldives (X tons) followed a long way behind the leaders.

China experienced a relatively flat trend pattern with regard to volume of imports of granite blocks and slabs. At the same time, Algeria (+25.6%), Portugal (+18.0%), Maldives (+10.7%), Vietnam (+8.4%) and Belgium (+2.0%) displayed positive paces of growth. Moreover, Algeria emerged as the fastest-growing importer imported in the world, with a CAGR of +25.6% from 2012-2022. By contrast, Germany (-6.8%), Taiwan (Chinese) (-11.6%) and Thailand (-13.1%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, Algeria, Portugal and Vietnam increased by +13, +3, +2.8 and +1.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported granite blocks and slabs worldwide, comprising 47% of global imports. The second position in the ranking was taken by Maldives ($X), with a 5.2% share of global imports. It was followed by Algeria, with a 5% share.

In China, granite block imports expanded at an average annual rate of +1.3% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Maldives (+14.3% per year) and Algeria (+21.4% per year).

Import Prices by Country

In 2022, the average granite block import price amounted to $X per ton, waning by -4.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2019 an increase of 36%. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Maldives ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.2%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of granite block consumption in 2020 were China, the United States and India, with a combined 38% share of global consumption.
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%.
In value terms, the largest granite block supplying countries worldwide were Brazil, India and Spain, with a combined 70% share of global exports. Portugal, Angola, Turkey and Malaysia lagged somewhat behind, together accounting for a further 11%.
In value terms, China constitutes the largest market for imported granite blocks and slabs worldwide, comprising 31% of global imports. The second position in the ranking was occupied by the UK, with a 9.2% share of global imports. It was followed by Algeria, with an 8.5% share.
In 2020, the average granite block export price amounted to $171 per ton, declining by -5.9% against the previous year.
The average granite block import price stood at $259 per ton in 2020, approximately mirroring the previous year.

This report provides an in-depth analysis of the global granite block market. 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:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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