Price for Monumental or Building Stone, Other than Granite and Sandstone in Morocco - 2023

Contents:

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

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

In 2022, the average import price for monumental or building stone, other than granite and sandstone amounted to $576 per ton, declining by -13% against the previous year. Over the period under review, the import price showed a abrupt descent. The most prominent rate of growth was recorded in 2013 when the average import price increased by 180%. As a result, import price reached the peak level of $3,434 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($30,941 per ton), while the price for Turkey ($241 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+45.5%), 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 Morocco (FOB) - 2022

In 2022, the average export price for monumental or building stone, other than granite and sandstone amounted to $342 per ton, with an increase of 63% against the previous year. Over the period under review, the export price recorded a prominent increase. The growth pace was the most rapid in 2015 an increase of 335% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.

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 Belgium ($474 per ton), while the average price for exports to Spain ($11 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 Italy (+3.8%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of monumental or building stone, other than granite and sandstone imported into Morocco soared to 178 tons, picking up by 132% compared with the previous year's figure. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of monumental or building stone, other than granite and sandstone skyrocketed to $103K in 2022. Overall, imports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when imports increased by 132% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Monumental or Building Stone, Other than Granite and Sandstone in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1.64.24.65.349.1%
Turkey2.33.23.52.75.5%
United States0.72.41.71.426.0%
India0.21.30.80.644.2%
Others9.622.340.392.6112.9%
Total14.433.450.810392.7%

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

  1. Turkey (11.4 tons)
  2. Spain (3.7 tons)
  3. India (0.7 tons)
  4. United States (0.1 tons)

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

In 2022, overseas shipments of monumental or building stone, other than granite and sandstone were finally on the rise to reach 53 tons after two years of decline. In general, exports, however, showed a dramatic curtailment.

In value terms, exports of monumental or building stone, other than granite and sandstone surged to $18K in 2022. Over the period under review, exports, however, saw a dramatic setback.

Export of Monumental or Building Stone, Other than Granite and Sandstone in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mauritania6.52.54.32.6-26.3%
Belgium0.10.10.30.791.3%
Spain2.00.21.20.7-29.5%
Italy0.60.71.00.60.0%
Others15642.0-6.813.4-55.9%
Total16545.4N/A18.0-52.2%

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

  1. Spain (63.9 tons)
  2. Mauritania (19.2 tons)
  3. Italy (2.4 tons)
  4. Belgium (1.5 tons)

Source: IndexBox Market Intelligence Platform

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