U.S. Cut Stone And Stone Product Market. Analysis And Forecast to 2030
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View PricingPrice for Cut Stone and Stone Product in the United States - 2023
Contents:
- Price for Cut Stone and Stone Product in the United States (CIF) - 2023
- Price for Cut Stone and Stone Product in the United States (FOB) - 2023
- Imports of Cut Stone and Stone Product in the United States
- Exports of Cut Stone and Stone Product in the United States
Price for Cut Stone and Stone Product in the United States (CIF) - 2023
In August 2023, the average import price for cut stone and stone products amounted to $856 per ton, surging by 18% against the previous month. In general, the import price, however, saw a slight downturn. The pace of growth was the most pronounced in December 2022 when the average import price increased by 19% against the previous month. As a result, import price attained the peak level of $1,036 per ton. From January 2023 to August 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Italy ($2,792 per ton), while the price for Mexico ($483 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Turkey (+0.2%), while the prices for the other major suppliers experienced a decline.
Price for Cut Stone and Stone Product in the United States (FOB) - 2023
The average export price for cut stone and stone products stood at $187 per ton in August 2023, falling by -7.1% against the previous month. Over the period under review, the export price continues to indicate a perceptible slump. The pace of growth was the most pronounced in December 2022 an increase of 11% month-to-month. As a result, the export price attained the peak level of $298 per ton. From January 2023 to August 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was Bahamas ($270 per ton), while the average price for exports to Mexico ($107 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-0.1%), while the prices for the other major destinations experienced a decline.
Imports of Cut Stone and Stone Product in the United States
Cut stone and stone product imports into the United States expanded slightly to 5.3M tons in 2022, growing by 2.9% compared with the year before. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +15.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 26%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, cut stone and stone product imports amounted to $4.9B in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +10.8% 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 +41.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 35% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.
Import of Cut Stone and Stone Product in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 581 | 509 | 761 | 884 | 15.0% |
Brazil | 622 | 604 | 782 | 791 | 8.3% |
Italy | 469 | 380 | 507 | 577 | 7.2% |
Turkey | 375 | 347 | 506 | 554 | 13.9% |
China | 503 | 409 | 474 | 488 | -1.0% |
Spain | 343 | 287 | 430 | 401 | 5.3% |
Vietnam | 132 | 202 | 343 | 353 | 38.8% |
Canada | 161 | 156 | 164 | 155 | -1.3% |
Mexico | 41.6 | 45.0 | 61.5 | 78.2 | 23.4% |
Others | 354 | 508 | 617 | 591 | 18.6% |
Total | 3,581 | 3,446 | 4,646 | 4,872 | 10.8% |
Top Suppliers of Cut Stone and Stone Product to the United States in 2022:
- India (1324.7K tons)
- Turkey (1014.5K tons)
- Brazil (872.3K tons)
- China (626.1K tons)
- Spain (361.6K tons)
- Vietnam (243.5K tons)
- Italy (215.3K tons)
- Mexico (137.6K tons)
- Canada (108.0K tons)
Exports of Cut Stone and Stone Product in the United States
In 2022, approx. 369K tons of cut stone and stone products were exported from the United States; growing by 3.4% on 2021 figures. The total export volume increased at an average annual rate of +7.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 16%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, cut stone and stone product exports amounted to $86M in 2022. The total export value increased at an average annual rate of +5.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.
Export of Cut Stone and Stone Product in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 49.9 | 45.8 | 54.9 | 56.2 | 4.0% |
Mexico | 4.3 | 4.6 | 5.5 | 8.6 | 26.0% |
Bahamas | 4.3 | 3.2 | 4.9 | 6.9 | 17.1% |
Netherlands | 0.6 | 0.4 | 0.3 | 0.3 | -20.6% |
Others | 14.0 | 12.5 | 11.8 | 14.0 | 0.0% |
Total | 73.0 | 66.6 | 77.4 | 86.1 | 5.7% |
Top Export Markets for Cut Stone and Stone Product from the United States in 2022:
- Canada (309.1K tons)
- Mexico (25.6K tons)
- Bahamas (14.1K tons)
- Netherlands (3.5K tons)
This report provides an in-depth analysis of the market for cut stone and stone product in the U.S.. 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:
- NAICS 327991 - Cut stone and stone product manufacturing
Companies mentioned:
- Cold Spring Granite Company
- E. Dillon & Company
- Polyvision Corporation
- Cambridge Pavers
- Top Master
- Swenson Granite Company
- Environmental Materials
- Rynone Manufacturing Corp.
- The Carolina North Granite Corp
- G W Surfaces
- World Wide Stone Corporation
- Front Range Stone
- Stone Panels
- Halabi, Wienmar
- Imperial Marble Corp.
- Hallmark Stone Company Acquisition
- Artelye
- Virginia Marble Manufacturers
- Meshoppen Stone Incorporated
- Stone Suppliers
- LTI Holdings
- C. & L. Industries
- Gramarble Company
- B.S. Quarries
- Aggregate Industries Management
- Hanson Aggregates Wrp
- Allegheny Mineral Corporation
- Apac-Arkansas
- Hanson Aggregates Mid-Pacific
- US Test Company 970
- US Test Company 366
- Clinton Stone
- National Stoneworks
- Seven Stone Surface Fabrication
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
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