Price for Monumental or Building Stone, Other than Granite and Sandstone in Ecuador - 2022

Contents:

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

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

In 2022, the average import price for monumental or building stone, other than granite and sandstone amounted to $579 per ton, increasing by 4.6% against the previous year. Overall, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for monumental or building stone, other than granite and sandstone decreased by -17.4% against 2020 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 31%. As a result, import price reached the peak level of $701 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($5,950 per ton), while the price for India ($514 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+33.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for monumental or building stone, other than granite and sandstone stood at $2,501 per ton in 2022, rising by 30% against the previous year. Overall, the export price enjoyed significant growth. The pace of growth appeared the most rapid in 2020 an increase of 303%. As a result, the export price reached the peak level of $6,274 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($5,056 per ton), while the average price for exports to the United States ($167 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 Peru (+11.7%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of monumental or building stone, other than granite and sandstone into Ecuador dropped significantly to 147 tons, which is down by -39.5% against 2021 figures. Overall, imports saw a precipitous slump. The pace of growth appeared the most rapid in 2021 with an increase of 378%.

In value terms, imports of monumental or building stone, other than granite and sandstone reduced remarkably to $85K in 2022. Over the period under review, imports continue to indicate a sharp curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 277% against the previous year.

Import of Monumental or Building Stone, Other than Granite and Sandstone in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia19321.912270.3-28.6%
India18.59.87.312.2-13.0%
China17.11.42.61.8-52.8%
Others4.92.62.00.8-45.3%
Total23335.613485.0-28.5%

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

  1. Colombia (120.5 tons)
  2. India (23.7 tons)
  3. China (2.6 tons)

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

Exports of monumental or building stone, other than granite and sandstone from Ecuador declined notably to 2.8 tons in 2022, reducing by -42.3% on the year before. In general, exports showed a dramatic decline. The most prominent rate of growth was recorded in 2021 when exports increased by 549% against the previous year.

In value terms, exports of monumental or building stone, other than granite and sandstone shrank rapidly to $6.9K in 2022. Overall, exports faced a sharp slump. The pace of growth was the most pronounced in 2021 when exports increased by 99%.

Export of Monumental or Building Stone, Other than Granite and Sandstone in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria13.02.88.76.2-21.9%
United StatesN/AN/AN/A0.20%
Peru0.40.10.10.1-37.0%
SwitzerlandN/AN/AN/A0.10%
Others0.31.70.40.30.0%
Total13.74.69.26.9-20.4%

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

  1. Austria (1234.0 kg)
  2. United States (1063.0 kg)
  3. Peru (342.0 kg)
  4. Switzerland (85.0 kg)

Source: IndexBox Market Intelligence Platform

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