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

Contents:

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

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

The average import price for monumental or building stone, other than granite and sandstone stood at $246 per ton in 2022, increasing by 30% against the previous year. Overall, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.9% 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 -17.9% against 2020 indices. The growth pace was the most rapid in 2013 an increase of 65%. Over the period under review, average import prices reached the peak figure at $299 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 Spain ($744 per ton), while the price for Lao People's Democratic Republic ($11 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+11.0%), 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 Thailand (FOB) - 2022

In 2022, the average export price for monumental or building stone, other than granite and sandstone amounted to $19 per ton, with a decrease of -14.6% against the previous year. Overall, the export price saw a precipitous descent. The most prominent rate of growth was recorded in 2020 an increase of 73% against the previous year. Over the period under review, the average export prices attained the maximum at $373 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cambodia ($111 per ton), while the average price for exports to Bangladesh ($7.9 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 Myanmar (-6.8%), while the prices for the other major destinations experienced a decline.

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

For the third year in a row, Thailand recorded decline in supplies from abroad of monumental or building stone, other than granite and sandstone, which decreased by -33.9% to 7.1K tons in 2022. Over the period under review, imports showed a dramatic curtailment. The smallest decline of -18.9% was in 2021.

In value terms, imports of monumental or building stone, other than granite and sandstone declined to $1.7M in 2022. Overall, imports recorded a sharp slump.

Import of Monumental or Building Stone, Other than Granite and Sandstone in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India3,5102,2511,2681,158-30.9%
China1,777744439231-49.3%
Spain17310759.5110-14.0%
Portugal30110246.872.5-37.8%
Lao People's Democratic Republic2,13012746.010.0-83.3%
Vietnam1,58726511.51.7-89.8%
Greece2,04788.8N/AN/A-95.7%
Others643271155159-37.2%
Total12,1693,9572,0251,742-47.7%

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

  1. India (4.4K tons)
  2. China (1.1K tons)
  3. Lao People's Democratic Republic (0.9K tons)
  4. Portugal (0.1K tons)
  5. Spain (0.1K tons)

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

For the fourth year in a row, Thailand recorded growth in overseas shipments of monumental or building stone, other than granite and sandstone, which increased by 3.2% to 1.2K tons in 2022. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 145% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of monumental or building stone, other than granite and sandstone fell to $22K in 2022. Over the period under review, exports, however, recorded a sharp shrinkage. The growth pace was the most rapid in 2020 with an increase of 200% against the previous year. As a result, the exports attained the peak of $151K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Monumental or Building Stone, Other than Granite and Sandstone in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)N/AN/A0.212.36050.0%
BangladeshN/AN/AN/A5.90%
CambodiaN/A63.914.02.6-79.8%
Lao People's Democratic RepublicN/AN/A0.51.3160.0%
China2.0N/AN/A0.2-53.6%
Germany10.35.65.9N/A-24.3%
Maldives1.410.74.2N/A73.2%
Myanmar4.81.8N/AN/A-62.5%
Australia18.249.3N/AN/A170.9%
Others13.719.40.6N/A-79.1%
Total50.315125.422.4-23.6%

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

  1. Bangladesh (753.2 tons)
  2. Taiwan (Chinese) (366.5 tons)
  3. Cambodia (23.4 tons)
  4. Lao People's Democratic Republic (23.0 tons)
  5. China (18.9 tons)
  6. Australia (3.6 tons)

Source: IndexBox Market Intelligence Platform

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