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

Contents:

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

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

The average import price for monumental or building stone, other than granite and sandstone stood at $414 per ton in 2022, growing by 3.6% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 44%. Over the period under review, average import prices hit record highs at $739 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($570 per ton), while the price for Colombia ($8.7 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for monumental or building stone, other than granite and sandstone amounted to $357 per ton, increasing by 82% against the previous year. Overall, the export price, however, showed a noticeable decrease. The most prominent rate of growth was recorded in 2020 when the average export price increased by 137%. The export price peaked at $470 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Colombia.

From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to -13.8% per year.

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

In 2022, purchases abroad of monumental or building stone, other than granite and sandstone decreased by -82.9% to 13 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a dramatic contraction. The most prominent rate of growth was recorded in 2020 with an increase of 179%. As a result, imports attained the peak of 95 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of monumental or building stone, other than granite and sandstone dropped sharply to $5.3K in 2022. Over the period under review, imports continue to indicate a significant curtailment. The pace of growth was the most pronounced in 2020 with an increase of 79% against the previous year. As a result, imports reached the peak of $38K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Monumental or Building Stone, Other than Granite and Sandstone in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Dominican Republic15.026.320.024.117.1%
India4.28.16.88.928.4%
United States1.63.12.60.5-32.1%
China0.30.50.30.30.0%
ColombiaN/AN/AN/AN/A0%
OthersN/AN/A0.4-28.5-7225.0%
Total21.238.030.05.3-37.0%

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

  1. Dominican Republic (64.3 tons)
  2. India (15.7 tons)
  3. Colombia (3.0 tons)
  4. China (1.1 tons)
  5. United States (0.1 tons)

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

In 2022, shipments abroad of monumental or building stone, other than granite and sandstone decreased by -78.5% to 5.5 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a sharp contraction. The most prominent rate of growth was recorded in 2020 with an increase of 15% against the previous year. As a result, the exports reached the peak of 119 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of monumental or building stone, other than granite and sandstone plummeted to $2K in 2022. Overall, exports recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 172% against the previous year. As a result, the exports reached the peak of $13K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Monumental or Building Stone, Other than Granite and Sandstone in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia4.712.98.810.832.0%
OthersN/AN/A-3.8-8.9134.2%
Total4.712.95.02.0-24.8%

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

  1. Colombia (101.1 tons)

Source: IndexBox Market Intelligence Platform

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