Market for Marble Granules And Powder in Mexico
Market Overview
The Mexican marble granules and powder market declined modestly to $
in , reducing by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated a measured increase from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against indices. Marble granules and powder consumption peaked at $ in 2019; however, from to , consumption remained at a lower figure.
In value terms, marble granules and powder production declined to $ in estimated in export price. Over the period under review, the total production indicated a notable increase from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production decreased by -% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by %. Over the period under review, production attained the maximum level at $ in 2019; however, from to , production remained at a lower figure.
in , reducing by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated a measured increase from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against indices. Marble granules and powder consumption peaked at $ in 2019; however, from to , consumption remained at a lower figure.In value terms, marble granules and powder production declined to $
in estimated in export price. Over the period under review, the total production indicated a notable increase from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production decreased by -% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by %. Over the period under review, production attained the maximum level at $ in 2019; however, from to , production remained at a lower figure.Consumption
Marble granules and powder consumption in Mexico dropped to tons in , which is down by -% compared with the previous year. Overall, the total consumption indicated a moderate expansion from 2007 to : its volume increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against indices. Over the period under review, consumption reached the peak volume at tons in 2019; however, from to , consumption failed to regain momentum.
The revenue of the marble granules and powder market in Mexico reduced slightly to $ in , which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated pronounced growth from 2007 to : its value increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against indices. Marble granules and powder consumption peaked at $ in 2019; however, from to , consumption remained at a lower figure.
tons in , which is down by -% compared with the previous year. Overall, the total consumption indicated a moderate expansion from 2007 to : its volume increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against indices. Over the period under review, consumption reached the peak volume at tons in 2019; however, from to , consumption failed to regain momentum.The revenue of the marble granules and powder market in Mexico reduced slightly to $
in , which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated pronounced growth from 2007 to : its value increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against indices. Marble granules and powder consumption peaked at $ in 2019; however, from to , consumption remained at a lower figure.Market Forecast
Driven by increasing demand for granules, chippings and powder of marble in Mexico, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to tons by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Over the period under review, imports of marble granules and powder in Mexico were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for marble granules and powder.
Trade Balance
Mexico remains a net exporter of marble granules and powder; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
. In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
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