Price for Monumental or Building Stone, Other than Granite and Sandstone in China - 2023
Contents:
- Price for Monumental or Building Stone, Other than Granite and Sandstone in China (CIF) - 2022
- Price for Monumental or Building Stone, Other than Granite and Sandstone in China (FOB) - 2022
- Imports of Monumental or Building Stone, Other than Granite and Sandstone in China
- Exports of Monumental or Building Stone, Other than Granite and Sandstone in China
Price for Monumental or Building Stone, Other than Granite and Sandstone in China (CIF) - 2022
The average import price for monumental or building stone, other than granite and sandstone stood at $235 per ton in 2022, approximately mirroring the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 24% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($430 per ton), while the price for Oman ($13 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Democratic People's Republic of Korea (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Monumental or Building Stone, Other than Granite and Sandstone in China (FOB) - 2022
The average export price for monumental or building stone, other than granite and sandstone stood at $80 per ton in 2022, surging by 185% against the previous year. In general, the export price, however, continues to indicate a perceptible setback. The export price peaked at $249 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($607 per ton), while the average price for exports to Thailand ($213 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Monumental or Building Stone, Other than Granite and Sandstone in China
In 2022, imports of monumental or building stone, other than granite and sandstone into China declined to 59K tons, with a decrease of -9.4% compared with the year before. Over the period under review, imports recorded a mild reduction. The pace of growth was the most pronounced in 2021 when imports increased by 9.6% against the previous year. As a result, imports reached the peak of 65K tons, and then shrank in the following year.
In value terms, imports of monumental or building stone, other than granite and sandstone reduced to $14M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 36%. As a result, imports reached the peak of $15M, and then dropped in the following year.
| Import of Monumental or Building Stone, Other than Granite and Sandstone in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 4.5 | 5.1 | 7.2 | 6.7 | 14.2% |
| India | 1.9 | 1.1 | 3.1 | 2.3 | 6.6% |
| Italy | 0.5 | 1.4 | 3.1 | 2.0 | 58.7% |
| Portugal | 1.0 | 1.1 | 0.3 | 1.5 | 14.5% |
| Greece | N/A | N/A | N/A | 0.3 | 0% |
| Tunisia | 0.1 | 0.7 | 0.4 | 0.1 | 0.0% |
| Namibia | N/A | N/A | N/A | 0.1 | 0% |
| Vietnam | 0.7 | 0.3 | 0.3 | N/A | -34.5% |
| Oman | N/A | N/A | N/A | N/A | 0% |
| Others | 1.2 | 1.4 | 0.8 | 0.8 | -12.6% |
| Total | 10.0 | 11.2 | 15.2 | 13.8 | 11.3% |
Top Suppliers of Monumental or Building Stone, Other than Granite and Sandstone to China in 2022:
- Turkey (23.1K tons)
- India (14.1K tons)
- Portugal (8.1K tons)
- Italy (4.7K tons)
- Oman (2.2K tons)
- Namibia (1.7K tons)
- Greece (1.3K tons)
- Tunisia (0.5K tons)
- Vietnam (0.5K tons)
Exports of Monumental or Building Stone, Other than Granite and Sandstone in China
In 2022, after three years of growth, there was significant decline in overseas shipments of monumental or building stone, other than granite and sandstone, when their volume decreased by -77.9% to 119K tons. Over the period under review, exports saw a noticeable curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 245%. As a result, the exports reached the peak of 536K tons, and then reduced sharply in the following year.
In value terms, exports of monumental or building stone, other than granite and sandstone fell sharply to $9.5M in 2022. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 217% against the previous year. As a result, the exports attained the peak of $15M, and then declined dramatically in the following year.
| Export of Monumental or Building Stone, Other than Granite and Sandstone in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 1,570 | 1,363 | 6,012 | 5,383 | 50.8% |
| Australia | 860 | 423 | 720 | 603 | -11.2% |
| United States | 575 | 806 | 431 | 541 | -2.0% |
| Thailand | 32.2 | 14.0 | 38.4 | 414 | 134.3% |
| Germany | 94.0 | 68.4 | 272 | 247 | 38.0% |
| Japan | 261 | 248 | 512 | 208 | -7.3% |
| New Zealand | 102 | 40.8 | 88.8 | 203 | 25.8% |
| United Arab Emirates | 362 | N/A | N/A | 2.3 | -81.5% |
| Philippines | N/A | N/A | 296 | 1.1 | -99.6% |
| Hong Kong SAR | 752 | N/A | N/A | N/A | 0% |
| Taiwan (Chinese) | 75.4 | N/A | N/A | N/A | 0% |
| Others | 406 | 1,791 | 6,679 | 1,893 | 67.1% |
| Total | 5,089 | 4,753 | 15,049 | 9,497 | 23.1% |
Top Export Markets for Monumental or Building Stone, Other than Granite and Sandstone from China in 2022:
- South Korea (14.4K tons)
- Thailand (1.9K tons)
- United States (1.4K tons)
- Australia (1.3K tons)
- Japan (0.7K tons)
- New Zealand (0.7K tons)
- Germany (0.4K tons)
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