Market for Marble Granules And Powder in the United Arab Emirates
Market Overview
The marble granules and powder market in the United Arab Emirates fell slightly 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). Overall, consumption, however, recorded a pronounced increase. Marble granules and powder consumption peaked at $ in 2014; however, from 2015 to , consumption stood at a somewhat lower figure.
In value terms, marble granules and powder production declined modestly to $ in estimated in export price. In general, production, however, showed tangible growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by %. Over the period under review, production hit record highs at $ in 2019; however, from to , production remained at a lower figure.
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). Overall, consumption, however, recorded a pronounced increase. Marble granules and powder consumption peaked at $ in 2014; however, from 2015 to , consumption stood at a somewhat lower figure.In value terms, marble granules and powder production declined modestly to $
in estimated in export price. In general, production, however, showed tangible growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by %. Over the period under review, production hit record highs at $ in 2019; however, from to , production remained at a lower figure.Consumption
In , the amount of granules, chippings and powder of marble consumed in the United Arab Emirates dropped slightly to tons, waning by -% compared with the year before. Over the period under review, consumption, however, enjoyed a buoyant expansion. Marble granules and powder consumption peaked at tons in 2019; however, from to , consumption stood at a somewhat lower figure.
The value of the marble granules and powder market in the United Arab Emirates declined slightly 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, however, posted a tangible increase. Marble granules and powder consumption peaked at $ in 2014; however, from 2015 to , consumption failed to regain momentum.
, the amount of granules, chippings and powder of marble consumed in the United Arab Emirates dropped slightly to tons, waning by -% compared with the year before. Over the period under review, consumption, however, enjoyed a buoyant expansion. Marble granules and powder consumption peaked at tons in 2019; however, from to , consumption stood at a somewhat lower figure.The value of the marble granules and powder market in the United Arab Emirates declined slightly 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, however, posted a tangible increase. Marble granules and powder consumption peaked at $ in 2014; however, from 2015 to , consumption failed to regain momentum.Market Forecast
Driven by increasing demand for granules, chippings and powder of marble in the United Arab Emirates, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, 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
Affected by an intensive growth in domestic production, which will gradually displace imported products from the market, the share of imports decreased from % in 2007 to % in . The United Arab Emirates domestic supply is expected to continue its growth.
% in 2007 to % in . The United Arab Emirates domestic supply is expected to continue its growth.Trade Balance
The United Arab Emirates 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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