Serbia: Market for Marble And Travertine Blocks And Slabs 2024

Market Size for Marble And Travertine Blocks And Slabs in Serbia

The Serbian marble and travertine blocks market fell rapidly to $X in 2023, declining by X% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market remained at a somewhat lower figure.

Production of Marble And Travertine Blocks And Slabs in Serbia

In value terms, marble and travertine blocks production soared to $X in 2023 estimated in export price. Overall, production enjoyed buoyant growth. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2023, production growth remained at a somewhat lower figure.

Exports of Marble And Travertine Blocks And Slabs

Exports from Serbia

After two years of growth, overseas shipments of marble and travertine blocks and slabs decreased by X% to X tons in 2023. Over the period under review, exports, however, continue to indicate a moderate expansion. The growth pace was the most rapid in 2022 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

In value terms, marble and travertine blocks exports dropped remarkably to $X in 2023. Overall, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X%. As a result, the exports reached the peak of $X. From 2019 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

Italy (X tons), China (X tons) and Croatia (X tons) were the main destinations of marble and travertine blocks exports from Serbia, with a combined X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Croatia (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, Italy ($X) remains the key foreign market for marble and travertine blocks and slabs exports from Serbia, comprising X% of total exports. The second position in the ranking was held by China ($X), with a X% share of total exports. It was followed by Croatia, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Italy was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Croatia (X% per year).

Export Prices by Country

In 2023, the average marble and travertine blocks export price amounted to $X per ton, dropping by X% against the previous year. In general, the export price showed a pronounced slump. The growth pace was the most rapid in 2018 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2023, 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 Austria ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Marble And Travertine Blocks And Slabs

Imports into Serbia

Marble and travertine blocks imports into Serbia declined markedly to X tons in 2023, with a decrease of X% compared with 2022. Over the period under review, imports showed a abrupt contraction. The pace of growth appeared the most rapid in 2022 when imports increased by X%. As a result, imports reached the peak of X tons, and then declined remarkably in the following year.

In value terms, marble and travertine blocks imports declined dramatically to $X in 2023. In general, imports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2022, and then contracted remarkably in the following year.

Imports by Country

In 2023, North Macedonia (X tons) constituted the largest marble and travertine blocks supplier to Serbia, accounting for a X% share of total imports. Moreover, marble and travertine blocks imports from North Macedonia exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. The third position in this ranking was taken by Bosnia and Herzegovina (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from North Macedonia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Bosnia and Herzegovina (X% per year).

In value terms, Italy ($X), North Macedonia ($X) and Greece ($X) appeared to be the largest marble and travertine blocks suppliers to Serbia, together accounting for X% of total imports.

Greece, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average marble and travertine blocks import price stood at $X per ton in 2023, declining by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2022 to 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for North Macedonia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Greece (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform