Price for Monumental or Building Stone, Other than Granite and Sandstone in Pakistan - 2023
Contents:
- Price for Monumental or Building Stone, Other than Granite and Sandstone in Pakistan (CIF) - 2022
- Price for Monumental or Building Stone, Other than Granite and Sandstone in Pakistan (FOB) - 2022
- Imports of Monumental or Building Stone, Other than Granite and Sandstone in Pakistan
- Exports of Monumental or Building Stone, Other than Granite and Sandstone in Pakistan
Price for Monumental or Building Stone, Other than Granite and Sandstone in Pakistan (CIF) - 2022
The average import price for monumental or building stone, other than granite and sandstone stood at $104 per ton in 2022, leveling off at the previous year. Over the period under review, the import price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2015 an increase of 70% against the previous year. The import price peaked at $345 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Norway ($104 per ton), while the price for Ukraine ($21 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (-8.3%), while the prices for the other major suppliers experienced a decline.
Price for Monumental or Building Stone, Other than Granite and Sandstone in Pakistan (FOB) - 2022
In 2022, the average export price for monumental or building stone, other than granite and sandstone amounted to $98 per ton, shrinking by -6.2% against the previous year. Over the period under review, the export price recorded a perceptible setback. The pace of growth appeared the most rapid in 2021 when the average export price increased by 35% against the previous year. Over the period under review, the average export prices attained the maximum at $126 per ton in 2014; however, from 2015 to 2022, the 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 Italy ($775 per ton), while the average price for exports to Spain ($53 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 Italy (+19.7%), 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 Pakistan
In 2022, approx. 1.3K tons of monumental or building stone, other than granite and sandstone were imported into Pakistan; which is down by -49.5% against 2021. In general, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 10,485% against the previous year. As a result, imports attained the peak of 2.6K tons, and then fell notably in the following year.
In value terms, imports of monumental or building stone, other than granite and sandstone contracted significantly to $138K in 2022. Over the period under review, imports faced a precipitous slump. The most prominent rate of growth was recorded in 2021 when imports increased by 10,587% against the previous year.
| Import of Monumental or Building Stone, Other than Granite and Sandstone in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 535 | 2.5 | 268 | 133 | -37.1% |
| Ukraine | 2.6 | N/A | 1.8 | 0.7 | -35.4% |
| Others | 6.8 | N/A | 3.3 | 3.8 | -17.6% |
| Total | 544 | 2.6 | 273 | 138 | -36.7% |
Top Suppliers of Monumental or Building Stone, Other than Granite and Sandstone to Pakistan in 2022:
- Norway (1277.1 tons)
- Ukraine (34.3 tons)
Exports of Monumental or Building Stone, Other than Granite and Sandstone in Pakistan
In 2022, the amount of monumental or building stone, other than granite and sandstone exported from Pakistan declined dramatically to 100 tons, reducing by -34% on the previous year. Overall, exports recorded a sharp contraction. The growth pace was the most rapid in 2021 with an increase of 212% against the previous year.
In value terms, exports of monumental or building stone, other than granite and sandstone dropped dramatically to $9.8K in 2022. In general, exports continue to indicate a sharp contraction. The growth pace was the most rapid in 2021 with an increase of 320%.
| Export of Monumental or Building Stone, Other than Granite and Sandstone in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.5 | 0.5 | 5.1 | 3.9 | 16.0% |
| Vietnam | 8.1 | 1.0 | 2.9 | 2.0 | -37.3% |
| Singapore | 2.3 | 0.3 | 1.1 | 0.9 | -26.9% |
| United Kingdom | 1.7 | 0.3 | 1.0 | 0.8 | -22.2% |
| Spain | 0.7 | 0.1 | 0.3 | 0.3 | -24.6% |
| United Arab Emirates | 1.5 | 0.1 | 0.7 | 0.1 | -59.5% |
| Oman | 1.0 | 0.1 | 0.1 | N/A | -68.4% |
| Others | 10.2 | 1.4 | 4.7 | 1.9 | -42.9% |
| Total | 28.0 | 3.8 | 15.9 | 9.8 | -29.5% |
Top Export Markets for Monumental or Building Stone, Other than Granite and Sandstone from Pakistan in 2022:
- China (66.9 tons)
- Vietnam (13.6 tons)
- Singapore (6.9 tons)
- Spain (5.3 tons)
- United Kingdom (3.2 tons)
- United Arab Emirates (0.7 tons)
- Oman (0.1 tons)
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