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World - Granules, Chippings And Powder Of Monumental Stone - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMonumental Stone Granules And Powder Market
The global market for granules, chippings, and powder of monumental stone is expected to experience steady growth over the next eight years, with a projected increase in market volume to 2,216M tons and market value to $603.1B by 2030. Consumption and production of these materials have shown strong growth patterns, with notable increases in certain countries like Nigeria. Imports and exports of monumental stone products have also seen fluctuations, with China and Germany being the largest exporters. The average import and export prices have shown varying trends by country of origin and destination.
Market Forecast
Driven by increasing demand for granules, chippings and powder of monumental stone worldwide, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +4.6% for the period from 2022 to 2030, which is projected to bring the market volume to 2,216M tons by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +8.1% for the period from 2022 to 2030, which is projected to bring the market value to $603.1B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Granules, Chippings And Powder Of Monumental Stone
After two years of growth, consumption of granules, chippings and powder of monumental stone decreased by -2.2% to 1,542M tons in 2022. Over the period under review, consumption, however, showed strong growth. Global consumption peaked at 1,578M tons in 2021, and then declined in the following year.
The value of the market for granules, chippings and powder of monumental stone worldwide reduced modestly to $323.9B in 2022, which is down by -1.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, enjoyed a resilient increase. Global consumption peaked at $355.9B in 2018; however, from 2019 to 2022, consumption failed to regain momentum.
Consumption By Country
The countries with the highest volumes of consumption in 2022 were China (256M tons), the United States (142M tons) and India (96M tons), together accounting for 32% of global consumption. Germany, Russia, Indonesia, Brazil, France, the UK, Pakistan, Nigeria, Mexico and Italy lagged somewhat behind, together accounting for a further 26%.
From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by Nigeria (with a CAGR of +15.0%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, Nigeria ($52.1B), the United States ($45.7B) and Indonesia ($5.3B) appeared to be the countries with the highest levels of market value in 2022, together accounting for 32% of the global market. India, Italy, the UK, Russia, Pakistan, Brazil, China, France, Germany and Mexico lagged somewhat behind, together accounting for a further 9%.
France, with a CAGR of +15.3%, recorded the highest growth rate of market size in terms of the main consuming countries over the period under review, while market for the other global leaders experienced more modest paces of growth.
The countries with the highest levels of monumental stone granules and powder per capita consumption in 2022 were Germany (655 kg per person), France (593 kg per person) and the UK (562 kg per person).
From 2012 to 2022, the biggest increases were recorded for Nigeria (with a CAGR of +12.0%), while consumption for the other global leaders experienced more modest paces of growth.
Production
World Production of Granules, Chippings And Powder Of Monumental Stone
In 2022, production of granules, chippings and powder of monumental stone decreased by -2.3% to 1,544M tons for the first time since 2019, thus ending a two-year rising trend. Overall, production, however, saw a strong expansion. The growth pace was the most rapid in 2016 with an increase of 32%. Over the period under review, global production reached the maximum volume at 1,580M tons in 2021, and then reduced in the following year.
In value terms, monumental stone granules and powder production shrank slightly to $328.3B in 2022 estimated in export price. In general, production, however, continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2016 when the production volume increased by 49%. Global production peaked at $362.5B in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.
Production By Country
The countries with the highest volumes of production in 2022 were China (268M tons), the United States (140M tons) and India (96M tons), with a combined 33% share of global production. Germany, Russia, Indonesia, Brazil, France, the UK, Pakistan, Nigeria, Mexico and Italy lagged somewhat behind, together accounting for a further 26%.
From 2012 to 2022, the biggest increases were recorded for Nigeria (with a CAGR of +15.0%), while production for the other global leaders experienced more modest paces of growth.
Imports
World Imports of Granules, Chippings And Powder Of Monumental Stone
In 2022, supplies from abroad of granules, chippings and powder of monumental stone decreased by -14% to 20M tons, falling for the second consecutive year after two years of growth. Overall, total imports indicated a slight expansion from 2012 to 2022: its volume increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -44.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 42%. As a result, imports reached the peak of 37M tons. From 2021 to 2022, the growth of global imports remained at a somewhat lower figure.
In value terms, monumental stone granules and powder imports declined remarkably to $468M in 2022. In general, imports, however, showed a modest increase. The pace of growth appeared the most rapid in 2020 with an increase of 31%. As a result, imports attained the peak of $854M. From 2021 to 2022, the growth of global imports remained at a somewhat lower figure.
Imports By Country
The purchases of the four major importers of granules, chippings and powder of monumental stone, namely Hong Kong SAR, Taiwan (Chinese), Germany and France, represented more than two-thirds of total import. It was distantly followed by the United States (1.4M tons), mixing up a 6.9% share of total imports. The following importers - the Netherlands (712K tons), Switzerland (548K tons), Singapore (405K tons), Macao SAR (381K tons) and Sweden (353K tons) - together made up 12% of total imports.
From 2012 to 2022, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +120.2%), while purchases for the other global leaders experienced more modest paces of growth.
In value terms, Hong Kong SAR ($90M), Germany ($62M) and Taiwan (Chinese) ($44M) were the countries with the highest levels of imports in 2022, together comprising 42% of global imports.
In terms of the main importing countries, Hong Kong SAR, with a CAGR of +89.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Import Prices By Country
In 2022, the average import price for granules, chippings and powder of monumental stone amounted to $23 per ton, falling by -1.6% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 9.6%. Global import price peaked at $25 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($51 per ton), while the United States ($5.8 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Macao SAR (+6.8%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Granules, Chippings And Powder Of Monumental Stone
In 2022, shipments abroad of granules, chippings and powder of monumental stone decreased by -14.5% to 22M tons, falling for the second year in a row after two years of growth. Overall, exports, however, posted a mild increase. The pace of growth was the most pronounced in 2019 when exports increased by 59% against the previous year. The global exports peaked at 51M tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, monumental stone granules and powder exports fell to $459M in 2022. In general, exports, however, showed notable growth. The growth pace was the most rapid in 2019 with an increase of 27%. As a result, the exports attained the peak of $760M. From 2020 to 2022, the growth of the global exports remained at a lower figure.
Exports By Country
China represented the largest exporting country with an export of about 12M tons, which finished at 56% of total exports. Germany (3.4M tons) ranks second in terms of the total exports with a 15% share, followed by Norway (6.8%), Thailand (5.7%) and Belgium (4.6%). Austria (528K tons) followed a long way behind the leaders.
China experienced a relatively flat trend pattern with regard to volume of exports of granules, chippings and powder of monumental stone. At the same time, Thailand (+166.9%), Belgium (+23.6%), Austria (+17.6%) and Norway (+2.0%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in the world, with a CAGR of +166.9% from 2012-2022. By contrast, Germany (-1.2%) illustrated a downward trend over the same period. Thailand (+5.7 p.p.), Belgium (+4 p.p.) and Austria (+1.8 p.p.) significantly strengthened its position in terms of the global exports, while China and Germany saw its share reduced by -3.1% and -4.7% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the largest monumental stone granules and powder supplying countries worldwide were China ($114M), Germany ($105M) and Norway ($71M), with a combined 63% share of global exports. Belgium, Thailand and Austria lagged somewhat behind, together comprising a further 11%.
In terms of the main exporting countries, Thailand, with a CAGR of +76.3%, 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 export price for granules, chippings and powder of monumental stone amounted to $21 per ton, rising by 6.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2021 an increase of 33% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Norway ($47 per ton), while China ($9.2 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.5%), while the other global leaders experienced mixed trends in the export price figures.
This report provides an in-depth analysis of the global market for monumental stone granules and powder. 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 08121290 - Granules, chippings and powder of travertine, ecaussine, granite, porphyry, basalt, sandstone and other monumental stone
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- 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
+ 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:
- 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
- CONSUMPTION BY COUNTRY
- 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. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
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
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 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, 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, 2012–2023
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