Market for Marble Granules And Powder in Qatar
Market Overview
In 
, after two years of growth, there was significant decline in the Qatari marble granules and powder market, when its value decreased by -% to $. In general, consumption recorded a deep downturn. Marble granules and powder consumption peaked at $ in 2014; however, from 2015 to , consumption stood at a somewhat lower figure.
, after two years of growth, there was significant decline in the Qatari marble granules and powder market, when its value decreased by -% to $. In general, consumption recorded a deep downturn. Marble granules and powder consumption peaked at $ in 2014; however, from 2015 to , consumption stood at a somewhat lower figure.Consumption
After two years of growth, consumption of granules, chippings and powder of marble decreased by -% to tons in . Over the period under review, consumption continues to indicate a mild reduction. Over the period under review, consumption hit record highs at tons in , and then shrank notably in the following year.
The revenue of the marble granules and powder market in Qatar declined notably to $ in , waning 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, consumption showed a drastic downturn. Over the period under review, the market hit record highs at $ in 2014; however, from 2015 to , consumption stood at a somewhat lower figure.
% to tons in . Over the period under review, consumption continues to indicate a mild reduction. Over the period under review, consumption hit record highs at tons in , and then shrank notably in the following year.The revenue of the marble granules and powder market in Qatar declined notably to $
in , waning 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, consumption showed a drastic downturn. Over the period under review, the market hit record highs at $ in 2014; however, from 2015 to , consumption stood at a somewhat lower figure.Market Forecast
Driven by rising demand for marble granules and powder in Qatar, the market is expected to start an upward consumption trend over the next eight years. The performance of the market is forecast to increase slightly, 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
In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review.
, the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review.Trade Balance
Qatar remains a net importer of marble granules and powder; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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