Report Update: Jul 1, 2024

Kuwait - Marble And Travertine - Market Analysis, Forecast, Size, Trends and Insights

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Marble and Travertine Price in Kuwait - 2022

Marble and Travertine Price in Kuwait (CIF) - 2022

In December 2022, the average marble and travertine import price amounted to $371 per ton, increasing by 2.3% against the previous month. Over the period under review, the import price, however, saw a abrupt decrease. Over the period under review, average import prices attained the peak figure at $839 per ton in December 2021; however, from January 2022 to December 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In December 2022, the country with the highest price was Turkey ($376 per ton), while the price for Oman ($371 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Marble and Travertine Price in Kuwait (FOB) - 2022

The average marble and travertine export price stood at $509 per ton in 2022, stabilizing at the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 58% against the previous year. Over the period under review, the average export prices reached the peak figure at $812 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lebanon ($476 per ton), while the average price for exports to Saudi Arabia stood at $66 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lebanon (+8.4%).

Marble and Travertine Imports in Kuwait

In 2022, approx. 17K tons of marble and travertine were imported into Kuwait; with an increase of 698% on 2021. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, marble and travertine imports surged to $7.4M in 2022. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Marble and Travertine in Kuwait (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Jordan	3.8	7.1	180	1,962	702.2%
Turkey	29.3	29.1	34.6	1,366	259.9%
Italy	113	641	286	798	91.9%
India	67.9	104	35.5	638	111.0%
Spain	158	125	83.0	634	58.9%
Portugal	63.3	96.4	123	583	109.6%
Greece	18.8	31.0	33.5	237	132.7%
Iran	61.2	13.6	13.6	188	45.4%
Syrian Arab Republic	6.6	6.1	10.3	172	196.5%
Pakistan	13.6	18.5	14.8	163	128.8%
Lebanon	35.1	28.5	24.5	90.0	36.9%
Egypt	135	15.8	148	66.5	-21.0%
Oman	75.4	42.3	6.8	58.9	-7.9%
Others	222	78.4	54.4	448	26.4%
Total	1,002	1,237	1,050	7,405	94.8%

Top Suppliers of Marble and Travertine to Kuwait in 2022:

Turkey (5.1K tons)
India (2.4K tons)
Portugal (1.4K tons)
Italy (1.4K tons)
Spain (1.1K tons)
Greece (0.9K tons)
Jordan (0.9K tons)
Pakistan (0.8K tons)
Syrian Arab Republic (0.7K tons)
Iran (0.5K tons)
Lebanon (0.3K tons)
Egypt (0.2K tons)
Oman (0.2K tons)

Marble and Travertine Exports in Kuwait

In 2022, marble and travertine exports from Kuwait surged to 57 tons, rising by 165% on the previous year. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 1,478%. As a result, the exports attained the peak of 274 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, marble and travertine exports surged to $29K in 2022. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when exports increased by 1,294%. As a result, the exports reached the peak of $130K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Marble and Travertine in Kuwait (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Lebanon	8.0	102	9.8	26.1	48.3%
Saudi Arabia	0.6	0.3	N/A	0.1	-45.0%
Others	0.7	27.6	1.0	2.8	58.7%
Total	9.3	130	10.9	29.0	46.1%

Top Export Markets for Marble and Travertine from Kuwait in 2022:

Lebanon (54.9 tons)
Saudi Arabia (1.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the marble and travertine market in Kuwait. 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 08111133 - Marble and travertine, crude or roughly trimmed
Prodcom 08111136 - Marble and travertine merely cut into rectangular or square blocks or slabs
Prodcom 08111150 - Ecaussine and other calcareous monumental or building stone of an apparent specific gravity . 2,5

Country coverage:

Kuwait

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kuwait
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:

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

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023