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

Contents:

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

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

In 2022, the average import price for monumental or building stone, other than granite and sandstone amounted to $607 per ton, falling by -43.1% against the previous year. Over the period under review, the import price showed a deep slump. The growth pace was the most rapid in 2021 an increase of 184%. The import price peaked at $1,159 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 China ($2,093 per ton), while the price for India ($165 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.7%), 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 Sri Lanka (FOB) - 2022

The average export price for monumental or building stone, other than granite and sandstone stood at $60 per ton in 2022, picking up by 17% against the previous year. Over the period under review, the export price, however, continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2013 when the average export price increased by 166% against the previous year. As a result, the export price attained the peak level of $557 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($161 per ton), while the average price for exports to India totaled $98 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (-1.3%).

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

In 2022, after two years of decline, there was significant growth in supplies from abroad of monumental or building stone, other than granite and sandstone, when their volume increased by 128% to 68 tons. In general, imports, however, saw a precipitous curtailment.

In value terms, imports of monumental or building stone, other than granite and sandstone surged to $41K in 2022. Overall, imports, however, continue to indicate a sharp slump.

Import of Monumental or Building Stone, Other than Granite and Sandstone in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway17.57.215.813.4-8.5%
Ukraine9.29.38.08.1-4.2%
China2.42.12.22.2-2.9%
India0.70.50.30.1-47.7%
Others33161.55.317.2-62.7%
Total36180.631.641.0-51.6%

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

  1. Ukraine (19.7 tons)
  2. Norway (19.7 tons)
  3. China (1.1 tons)
  4. India (0.8 tons)

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

In 2022, exports of monumental or building stone, other than granite and sandstone from Sri Lanka contracted markedly to 49 tons, which is down by -31.3% against 2021 figures. Overall, exports continue to indicate a precipitous decline. The most prominent rate of growth was recorded in 2021 when exports increased by 25% against the previous year.

In value terms, exports of monumental or building stone, other than granite and sandstone dropped remarkably to $2.9K in 2022. Over the period under review, exports showed a precipitous setback. The pace of growth appeared the most rapid in 2021 when exports increased by 35%.

Export of Monumental or Building Stone, Other than Granite and Sandstone in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.62.43.22.8-8.0%
India0.30.20.20.1-30.7%
Bosnia and Herzegovina0.4N/AN/AN/A0%
KuwaitN/AN/A0.1N/A0%
Others33.10.10.3N/A-90.5%
Total37.42.73.72.9-57.4%

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

  1. China (17.6 tons)
  2. India (1.5 tons)

Source: IndexBox Market Intelligence Platform

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