Asia: Market for Granules, Chippings And Powder Of Marble 2024

Market Size for Granules, Chippings And Powder Of Marble in Asia

The Asian marble granules and powder market amounted to $X in 2023, approximately reflecting the previous year. The total consumption indicated temperate growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2019 indices. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2023, consumption stood at a somewhat lower figure.

Production of Granules, Chippings And Powder Of Marble in Asia

In value terms, marble granules and powder production expanded remarkably to $X in 2023 estimated in export price. In general, production posted a resilient expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2023, production remained at a lower figure.

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Exports of Granules, Chippings And Powder Of Marble

Exports in Asia

In 2023, marble granules and powder exports in Asia amounted to X tons, picking up by X% compared with the year before. Over the period under review, exports showed a pronounced expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, the exports attained the peak of X tons. From 2018 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, marble granules and powder exports rose to $X in 2023. In general, exports enjoyed a resilient increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

Vietnam (X tons) and Turkey (X tons) dominates exports structure, together creating X% of total exports. Uzbekistan (X tons) held a relatively small share of total exports.

From 2012 to 2023, the biggest increases were recorded for Vietnam (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Vietnam ($X) remains the largest marble granules and powder supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in Vietnam stood at X%. In the other countries, the average annual rates were as follows: Turkey (X% per year) and Uzbekistan (X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2023, remaining stable against the previous year. Export price indicated buoyant growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, marble granules and powder export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the export price increased by X% against the previous year. The level of export peaked in 2023 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced a decline in the export price figures.

Imports of Granules, Chippings And Powder Of Marble

Imports in Asia

In 2023, supplies from abroad of granules, chippings and powder of marble was finally on the rise to reach X tons for the first time since 2020, thus ending a two-year declining trend. In general, imports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2023, the growth of imports remained at a lower figure.

In value terms, marble granules and powder imports rose to $X in 2023. Over the period under review, imports saw a strong expansion. The growth pace was the most rapid in 2020 when imports increased by X%. The level of import peaked at $X in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Bangladesh (X tons) and Hong Kong SAR (X tons) represented the main importers of granules, chippings and powder of marble in Asia, together amounting to near X% of total imports. Israel (X tons) took the next position in the ranking, followed by Japan (X tons). All these countries together held near X% share of total imports. Kazakhstan (X tons), Iraq (X tons), China (X tons), South Korea (X tons), the United Arab Emirates (X tons), Qatar (X tons), Kyrgyzstan (X tons) and Kuwait (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Hong Kong SAR (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Bangladesh ($X) constitutes the largest market for imported granules, chippings and powder of marble in Asia, comprising X% of total imports. The second position in the ranking was held by Israel ($X), with a X% share of total imports. It was followed by South Korea, with an X% share.

In Bangladesh, marble granules and powder imports expanded at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Israel (X% per year) and South Korea (X% per year).

Import Prices by Country

The import price in Asia stood at $X per ton in 2023, rising by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2023, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Korea ($X per ton), while Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform