Price for Monumental or Building Stone, Other than Granite and Sandstone in Malaysia - 2024
Contents:
- Price for Monumental or Building Stone, Other than Granite and Sandstone in Malaysia (CIF) - 2022
- Price for Monumental or Building Stone, Other than Granite and Sandstone in Malaysia (FOB) - 2022
- Imports of Monumental or Building Stone, Other than Granite and Sandstone in Malaysia
- Exports of Monumental or Building Stone, Other than Granite and Sandstone in Malaysia
Price for Monumental or Building Stone, Other than Granite and Sandstone in Malaysia (CIF) - 2022
In 2022, the average import price for monumental or building stone, other than granite and sandstone amounted to $866 per ton, growing by 148% against the previous year. In general, the import price posted a perceptible expansion. The growth pace was the most rapid in 2021 an increase of 159% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($948 per ton), while the price for India ($851 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+67.9%), 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 Malaysia (FOB) - 2022
In 2022, the average export price for monumental or building stone, other than granite and sandstone amounted to $573 per ton, waning by -30.5% against the previous year. Over the period under review, the export price, however, enjoyed a mild expansion. The pace of growth appeared the most rapid in 2014 when the average export price increased by 314% against the previous year. The export price peaked at $1,191 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($930 per ton), while the average price for exports to Singapore totaled $564 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+33.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Monumental or Building Stone, Other than Granite and Sandstone in Malaysia
In 2022, purchases abroad of monumental or building stone, other than granite and sandstone decreased by -78.1% to 121 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a dramatic descent. The pace of growth appeared the most rapid in 2020 with an increase of 133% against the previous year. As a result, imports attained the peak of 1.6K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of monumental or building stone, other than granite and sandstone shrank rapidly to $105K in 2022. Over the period under review, imports showed a perceptible contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 90% against the previous year. As a result, imports attained the peak of $219K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Monumental or Building Stone, Other than Granite and Sandstone in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 98.9 | 175 | 22.1 | 74.5 | -9.0% |
| Indonesia | 4.2 | 21.7 | 13.6 | 18.7 | 64.5% |
| China | 3.0 | 3.7 | 129 | 12.0 | 58.7% |
| Others | 9.4 | 18.2 | 29.2 | N/A | 76.2% |
| Total | 115 | 219 | 194 | 105 | -3.0% |
Top Suppliers of Monumental or Building Stone, Other than Granite and Sandstone to Malaysia in 2022:
- India (87.5 tons)
- Indonesia (21.3 tons)
- China (12.6 tons)
Exports of Monumental or Building Stone, Other than Granite and Sandstone in Malaysia
In 2022, approx. 94 tons of monumental or building stone, other than granite and sandstone were exported from Malaysia; with an increase of 533% against the year before. Over the period under review, exports continue to indicate significant growth. 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 soared to $54K in 2022. In general, exports saw a significant expansion. 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 Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 0.6 | 17.1 | 1.0 | 52.8 | 344.8% |
| Germany | N/A | 20.3 | N/A | 0.2 | -90.1% |
| Brunei Darussalam | 5.7 | N/A | N/A | N/A | 0% |
| Maldives | 11.1 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.3 | 11.2 | 0.8 | 63.3% |
| Total | 17.4 | 37.7 | 12.2 | 53.8 | 45.7% |
Top Export Markets for Monumental or Building Stone, Other than Granite and Sandstone from Malaysia in 2022:
- Singapore (93.7 tons)
- Germany (0.2 tons)
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