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

Contents:

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

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

The average export price for monumental or building stone, other than granite and sandstone stood at $259 per ton in 2022, surging by 3.7% against the previous year. In general, the export price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 91%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

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 the United States ($472 per ton), while the average price for exports to Libya ($70 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 Germany (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for monumental or building stone, other than granite and sandstone amounted to $292 per ton, standing approx. at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 32%. The import price peaked at $403 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($959 per ton), while the price for Norway ($262 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+26.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 29K tons of monumental or building stone, other than granite and sandstone were exported from Turkey; rising by 4% against 2021. Over the period under review, exports, however, continue to indicate a drastic downturn. The growth pace was the most rapid in 2021 when exports increased by 30%.

In value terms, exports of monumental or building stone, other than granite and sandstone expanded markedly to $7.5M in 2022. In general, total exports indicated a tangible expansion from 2019 to 2022: its value increased at an average annual rate of +2.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 60%. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Monumental or Building Stone, Other than Granite and Sandstone in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Israel1,0751,4891,9462,68635.7%
France6173853876210.2%
Spain18114158346837.3%
United States25957.372138414.0%
Germany796211347351-23.9%
Italy1,079362456330-32.6%
Iraq21116011733016.1%
Netherlands26777.92813206.2%
United Kingdom482361369229-22.0%
Cyprus85.441.013218429.2%
Belgium14859.778.01674.1%
Greece10669.712414811.8%
Libya13791.655.988.2-13.7%
Others1,6488671,3921,229-9.3%
Total7,0924,3726,9887,5352.0%

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

  1. Israel (8.1K tons)
  2. Netherlands (1.8K tons)
  3. Iraq (1.8K tons)
  4. Belgium (1.7K tons)
  5. Cyprus (1.7K tons)
  6. Spain (1.6K tons)
  7. France (1.4K tons)
  8. Italy (1.3K tons)
  9. Libya (1.3K tons)
  10. United Kingdom (1.2K tons)
  11. United States (0.8K tons)
  12. Greece (0.8K tons)
  13. Germany (0.8K tons)

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

In 2022, purchases abroad of monumental or building stone, other than granite and sandstone was finally on the rise to reach 908 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a dramatic descent.

In value terms, imports of monumental or building stone, other than granite and sandstone surged to $265 in 2022. In general, imports, however, faced a sharp shrinkage.

Import of Monumental or Building Stone, Other than Granite and Sandstone in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine3.0N/AN/A0.2-59.5%
Norway38.821.30.10.1-86.3%
Sweden0.10.1N/AN/A0.0%
India4.25.4N/AN/A28.6%
Finland0.6N/AN/AN/A0%
Italy2.8N/AN/AN/A0%
Others0.61.2N/AN/A100.0%
Total50.128.00.10.3-81.8%

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

  1. Ukraine (588.0 kg)
  2. Norway (267.0 kg)
  3. Finland (24.0 kg)
  4. Sweden (16.0 kg)

Source: IndexBox Market Intelligence Platform

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