Price for Monumental or Building Stone, Other than Granite and Sandstone in Canada - 2024

Contents:

  1. Price for Monumental or Building Stone, Other than Granite and Sandstone in Canada (CIF) - 2022
  2. Price for Monumental or Building Stone, Other than Granite and Sandstone in Canada (FOB) - 2024
  3. Imports of Monumental or Building Stone, Other than Granite and Sandstone in Canada
  4. Exports of Monumental or Building Stone, Other than Granite and Sandstone in Canada

Price for Monumental or Building Stone, Other than Granite and Sandstone in Canada (CIF) - 2022

The average import price for monumental or building stone, other than granite and sandstone stood at $350 per ton in 2022, with an increase of 229% against the previous year. Overall, the import price continues to indicate noticeable growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($441 per ton), while the price for Turkey ($204 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.9%), while the prices for the other major suppliers experienced a decline.

Price for Monumental or Building Stone, Other than Granite and Sandstone in Canada (FOB) - 2024

The average export price for monumental or building stone, other than granite and sandstone stood at $313 per ton in March 2024, waning by -53.8% against the previous month. Overall, the export price saw a pronounced setback. The most prominent rate of growth was recorded in June 2023 an increase of 173% month-to-month. As a result, the export price reached the peak level of $986 per ton. From July 2023 to March 2024, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($418 per ton), while the average price for exports to South Korea ($224 per ton) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+0.0%), while the prices for the other major destinations experienced a decline.

Imports of Monumental or Building Stone, Other than Granite and Sandstone in Canada

In 2022, supplies from abroad of monumental or building stone, other than granite and sandstone decreased by -61.2% to 16K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports saw a abrupt shrinkage. The growth pace was the most rapid in 2020 with an increase of 29%.

In value terms, imports of monumental or building stone, other than granite and sandstone surged to $5.7M in 2022. Over the period under review, imports saw a abrupt shrinkage.

Import of Monumental or Building Stone, Other than Granite and Sandstone in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7.13.64.05.3-9.3%
TurkeyN/AN/AN/A0.10%
India0.20.20.40.1-20.6%
Peru0.1N/A0.10.10.0%
New ZealandN/AN/AN/AN/A0%
Others0.70.40.10.2-34.1%
Total8.14.34.55.7-11.1%

Top Suppliers of Monumental or Building Stone, Other than Granite and Sandstone to Canada in 2022:

  1. United States (14.7K tons)
  2. India (0.6K tons)
  3. Turkey (0.3K tons)
  4. Peru (0.3K tons)

Exports of Monumental or Building Stone, Other than Granite and Sandstone in Canada

Exports of monumental or building stone, other than granite and sandstone from Canada surged to 6.7K tons in 2022, with an increase of 29% compared with the previous year. The total export volume increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of monumental or building stone, other than granite and sandstone surged to $2.7M in 2022. The total export value increased at an average annual rate of +11.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Monumental or Building Stone, Other than Granite and Sandstone in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,2901,4821,7672,19819.4%
Italy444147325384-4.7%
South Korea8.9N/A28.347.274.4%
Japan25.915.584.325.8-0.1%
Belgium34.047.1N/AN/A38.5%
China21.4291N/AN/A1259.8%
Others78.283.6N/A1.0-76.6%
Total1,9022,0662,2052,65611.8%

Top Export Markets for Monumental or Building Stone, Other than Granite and Sandstone from Canada in 2022:

  1. United States (4.7K tons)
  2. Italy (1.7K tons)
  3. South Korea (0.2K tons)
  4. Japan (0.1K tons)

Source: IndexBox Market Intelligence Platform

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