Price for Monumental or Building Stone, Other than Granite and Sandstone in the United Arab Emirates - 2022

Contents:

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

Price for Monumental or Building Stone, Other than Granite and Sandstone in the United Arab Emirates (CIF) - 2022

The average import price for monumental or building stone, other than granite and sandstone stood at $355 per ton in 2022, with an increase of 26% against the previous year. Over the period under review, the import price recorded pronounced growth. The growth pace was the most rapid in 2020 an increase of 179%. As a result, import price reached the peak level of $436 per ton. From 2021 to 2022, the average import prices remained 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 ($1,431 per ton), while the price for Jordan ($43 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+17.5%), 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 the United Arab Emirates (FOB) - 2022

In 2022, the average export price for monumental or building stone, other than granite and sandstone amounted to $49 per ton, standing approx. at the previous year. In general, the export price faced a drastic downturn. The growth pace was the most rapid in 2018 when the average export price increased by 46%. Over the period under review, the average export prices reached the peak figure at $209 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Benin ($159 per ton), while the average price for exports to Rwanda ($5.6 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 Rwanda (-29.4%), while the prices for the other major destinations experienced a decline.

Imports of Monumental or Building Stone, Other than Granite and Sandstone in the United Arab Emirates

In 2022, approx. 5.4K tons of monumental or building stone, other than granite and sandstone were imported into the United Arab Emirates; declining by -5% compared with the previous year. Overall, imports recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year.

In value terms, imports of monumental or building stone, other than granite and sandstone soared to $1.9M in 2022. In general, imports, however, recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 128%. As a result, imports attained the peak of $2.2M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Monumental or Building Stone, Other than Granite and Sandstone in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1.51,2291,1481,641930.4%
India488441154134-35.0%
Jordan12416746.452.7-24.8%
OmanN/A1.8N/A42.7387.1%
Ukraine67.1N/AN/A20.8-32.3%
Saudi Arabia197290191N/A-1.5%
Others92.284.051.39.9-52.5%
Total9692,2121,5911,90125.2%

Top Suppliers of Monumental or Building Stone, Other than Granite and Sandstone to the United Arab Emirates in 2022:

  1. India (1626.8 tons)
  2. Jordan (1215.8 tons)
  3. Spain (1146.5 tons)
  4. Oman (855.9 tons)
  5. Ukraine (451.4 tons)

Exports of Monumental or Building Stone, Other than Granite and Sandstone in the United Arab Emirates

In 2022, approx. 3.8K tons of monumental or building stone, other than granite and sandstone were exported from the United Arab Emirates; declining by -36.9% on the year before. Overall, exports saw a sharp setback. The pace of growth appeared the most rapid in 2021 when exports increased by 280% against the previous year.

In value terms, exports of monumental or building stone, other than granite and sandstone declined rapidly to $183K in 2022. Over the period under review, exports showed a precipitous curtailment. The growth pace was the most rapid in 2021 when exports increased by 300%.

Export of Monumental or Building Stone, Other than Granite and Sandstone in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BeninN/AN/AN/A1460%
Oman17872.116.224.5-48.4%
BelgiumN/AN/AN/A11.10%
Rwanda0.3N/AN/A0.518.6%
China1.3N/A55.1N/A551.0%
India307N/AN/AN/A0%
Saudi ArabiaN/AN/A221N/A0%
Others25.71.10.60.8-68.5%
Total51273.2293183-29.0%

Top Export Markets for Monumental or Building Stone, Other than Granite and Sandstone from the United Arab Emirates in 2022:

  1. Oman (2517.9 tons)
  2. Benin (918.7 tons)
  3. Belgium (194.6 tons)
  4. Rwanda (89.2 tons)

Source: IndexBox Market Intelligence Platform

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