Singapore - Marble Building Stone - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMarble Building Stone Price in Singapore - 2022
Contents:
- Marble Building Stone Price in Singapore (CIF) - 2022
- Marble Building Stone Price in Singapore (FOB) - 2022
- Marble Building Stone Imports in Singapore
- Marble Building Stone Exports in Singapore
Marble Building Stone Price in Singapore (CIF) - 2022
In September 2022, the average marble building stone import price amounted to $1,842 per ton, increasing by 7% against the previous month. Over the period under review, import price indicated tangible growth from September 2021 to September 2022: its price increased at an average monthly rate of +4.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, marble building stone import price increased by +18.6% against June 2022 indices. The pace of growth appeared the most rapid in January 2022 when the average import price increased by 53% against the previous month. Over the period under review, average import prices hit record highs at $2,045 per ton in April 2022; however, from May 2022 to September 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was India ($8,826 per ton), while the price for Oman ($908 per ton) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by India (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Marble Building Stone Price in Singapore (FOB) - 2022
The average marble building stone export price stood at $832 per ton in 2022, approximately mirroring the previous year. Over the period under review, the export price saw a noticeable downturn. The pace of growth appeared the most rapid in 2016 when the average export price increased by 32%. Over the period under review, the average export prices attained the peak figure at $1,292 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($1,261 per ton), while the average price for exports to Indonesia ($394 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 Africa (+10.7%), while the prices for the other major destinations experienced a decline.
Marble Building Stone Imports in Singapore
In 2022, approx. 33K tons of marble building stone were imported into Singapore; picking up by 26% compared with the previous year's figure. Overall, imports saw a prominent increase. The pace of growth appeared the most rapid in 2021 when imports increased by 116%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, marble building stone imports skyrocketed to $40M in 2022. In general, imports posted resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 66%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
Import of Marble Building Stone in Singapore (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 11.4 | 4.5 | 11.4 | 18.5 | 17.5% |
Turkey | 4.3 | 3.0 | 4.6 | 7.5 | 20.4% |
Italy | 4.9 | 2.4 | 4.6 | 6.8 | 11.5% |
Greece | 2.5 | 1.2 | 1.5 | 2.6 | 1.3% |
Oman | 1.1 | 0.9 | 1.1 | 1.3 | 5.7% |
Hong Kong SAR | N/A | 1.3 | 0.1 | 0.6 | -32.1% |
Others | 3.3 | 1.7 | 1.5 | 2.9 | -4.2% |
Total | 27.4 | 14.9 | 24.7 | 40.2 | 13.6% |
Top Suppliers of Marble Building Stone to Singapore in 2022:
- China (14.3K tons)
- Turkey (6.0K tons)
- Italy (5.5K tons)
- Oman (2.8K tons)
- Greece (2.2K tons)
- Hong Kong SAR (0.6K tons)
Marble Building Stone Exports in Singapore
In 2022, approx. 3.2K tons of marble building stone were exported from Singapore; reducing by -14.6% compared with the previous year. Over the period under review, exports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by 101% against the previous year. As a result, the exports reached the peak of 3.8K tons, and then reduced in the following year.
In value terms, marble building stone exports fell notably to $2.7M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +9.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +30.0% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 50%. As a result, the exports attained the peak of $3.2M, and then shrank significantly in the following year.
Export of Marble Building Stone in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 889 | 1,013 | 1,830 | 1,577 | 21.1% |
Australia | 56.7 | 65.1 | 363 | 316 | 77.3% |
Indonesia | 258 | 249 | 284 | 233 | -3.3% |
Philippines | 217 | 14.5 | 298 | 210 | -1.1% |
Vietnam | 52.0 | 481 | 122 | 196 | 55.6% |
Iraq | N/A | 33.7 | 12.9 | N/A | -61.7% |
Others | 595 | 249 | 256 | 156 | -36.0% |
Total | 2,067 | 2,106 | 3,165 | 2,688 | 9.2% |
Top Export Markets for Marble Building Stone from Singapore in 2022:
- Malaysia (1806.3 tons)
- Indonesia (591.0 tons)
- Australia (355.1 tons)
- Philippines (196.4 tons)
- Vietnam (155.4 tons)
This report provides an in-depth analysis of the marble building stone market in Singapore. 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 23701100 - Worked monumental/building stone and articles thereof, in marble, travertine and alabaster excluding tiles, cubes/similar articles, largest surface < 7 cm., setts, kerbstones, flagstones
Country coverage:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the marble building stone market in Singapore.
This report provides an in-depth analysis of the granite building stone market in Singapore.
This report provides an in-depth analysis of the global marble building stone market.
This report provides an in-depth analysis of the global granite building stone market.
This report provides an in-depth analysis of the marble building stone market in Singapore.
This report provides an in-depth analysis of the granite building stone market in Singapore.
This report provides an in-depth analysis of the global marble building stone market.
This report provides an in-depth analysis of the global granite building stone market.
Explore the top import markets for marble building stone and the key statistics behind them. Discover the countries driving the global demand for this exquisite construction material.
Explore the top import markets for granite building stone, including the United States, South Korea, Japan, and more. Learn about the demand and use of granite in construction projects worldwide.
Over the past decade, the share of Indian supplies in the global exports value rose from 15% to 16%, while China's one soared from 50% to 59%.
Explore the top import markets for marble building stone and the key statistics behind them. Discover the countries driving the global demand for this exquisite construction material.
Explore the top import markets for granite building stone, including the United States, South Korea, Japan, and more. Learn about the demand and use of granite in construction projects worldwide.
Over the past decade, the share of Indian supplies in the global exports value rose from 15% to 16%, while China's one soared from 50% to 59%.