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

Contents:

  1. Price for Monumental or Building Stone, Other than Granite and Sandstone in Libya (CIF) - 2022
  2. Imports of Monumental or Building Stone, Other than Granite and Sandstone in Libya

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

In 2022, the average import price for monumental or building stone, other than granite and sandstone amounted to $74 per ton, declining by -40.7% against the previous year. Over the period under review, the import price continues to indicate a abrupt decline. The growth pace was the most rapid in 2019 when the average import price increased by 9%. The import price peaked at $268 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 India ($3,497 per ton), while the price for Tunisia ($70 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+28.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, imports of monumental or building stone, other than granite and sandstone into Libya skyrocketed to 1.2K tons, jumping by 108% compared with the previous year. Over the period under review, imports recorded a significant increase. 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 surged to $86K in 2022. The total import value increased at an average annual rate of +5.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 36%. As a result, imports attained the peak of $99K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Monumental or Building Stone, Other than Granite and Sandstone in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey55.479.858.671.48.8%
Tunisia10.212.316.813.08.4%
Others7.57.0-5.81.4-42.8%
Total73.199.169.685.85.5%

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

  1. Turkey (227.4 tons)
  2. Tunisia (184.5 tons)

Source: IndexBox Market Intelligence Platform

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