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

Contents:

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

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

In 2022, the average import price for monumental or building stone, other than granite and sandstone amounted to $352 per ton, increasing by 31% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Italy ($352 per ton) and Hong Kong SAR ($352 per ton), while the price for China ($352 per ton) and Spain ($352 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+9.0%), 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 Israel (FOB) - 2022

The average export price for monumental or building stone, other than granite and sandstone stood at $224 per ton in 2022, increasing by 411% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $315 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($252 per ton), while the average price for exports to Jordan amounted to $222 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.5%).

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

In 2022, purchases abroad of monumental or building stone, other than granite and sandstone decreased by -59.4% to 3.8K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 492%. As a result, imports reached the peak of 9.3K tons, and then contracted sharply in the following year.

In value terms, imports of monumental or building stone, other than granite and sandstone contracted rapidly to $1.3M in 2022. Overall, imports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 497% against the previous year. As a result, imports reached the peak of $2.5M, and then fell rapidly in the following year.

Import of Monumental or Building Stone, Other than Granite and Sandstone in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Jordan3.0N/A1,899894567.9%
Turkey17427437630320.3%
GermanyN/AN/AN/A30.10%
Spain14.04.030.827.224.8%
Hong Kong SAR5.0N/AN/A25.271.5%
China12.038.032.08.7-10.2%
Vietnam44.058.025.1N/A-24.5%
India10.034.091.3N/A202.2%
Others4.07.025.134.0104.1%
Total2664152,4791,32270.7%

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

  1. Jordan (2541.2 tons)
  2. Turkey (860.9 tons)
  3. Germany (85.5 tons)
  4. Spain (77.3 tons)
  5. Hong Kong SAR (71.7 tons)
  6. China (24.8 tons)

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

Exports of monumental or building stone, other than granite and sandstone from Israel soared to 3.4K tons in 2022, rising by 49% on the previous year. Over the period under review, exports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 14,395%. As a result, the exports reached the peak of 4.6K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of monumental or building stone, other than granite and sandstone surged to $774K in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 15,855% against the previous year. As a result, the exports reached the peak of $1.4M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Monumental or Building Stone, Other than Granite and Sandstone in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JordanN/AN/AN/A6970%
United StatesN/AN/A24.277.4219.8%
Australia8.71,44677.1N/A197.7%
Others0.41.0N/AN/A150.0%
Total9.11,447101774339.8%

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

  1. Jordan (3.1K tons)
  2. United States (0.3K tons)

Source: IndexBox Market Intelligence Platform

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