Market for Monumental Stone Granules And Powder in Chile
Market Overview
The Chilean market for granules, chippings and powder of monumental stone contracted dramatically to $
in , with a decrease of -% 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). Over the period under review, consumption, however, showed mild growth. Over the period under review, the market reached the maximum level at $ in 2018; however, from 2019 to , consumption failed to regain momentum.
in , with a decrease of -% 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). Over the period under review, consumption, however, showed mild growth. Over the period under review, the market reached the maximum level at $ in 2018; however, from 2019 to , consumption failed to regain momentum.Consumption
Monumental stone granules and powder consumption in Chile fell markedly to tons in , dropping by -% against the previous year's figure. In general, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak volume of tons. From 2019 to , the growth of the consumption failed to regain momentum.
The revenue of the market for granules, chippings and powder of monumental stone in Chile fell dramatically 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). Over the period under review, consumption, however, recorded mild growth. Monumental stone granules and powder consumption peaked at $ in 2018; however, from 2019 to , consumption stood at a somewhat lower figure.
tons in , dropping by -% against the previous year's figure. In general, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak volume of tons. From 2019 to , the growth of the consumption failed to regain momentum.The revenue of the market for granules, chippings and powder of monumental stone in Chile fell dramatically 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). Over the period under review, consumption, however, recorded mild growth. Monumental stone granules and powder consumption peaked at $ in 2018; however, from 2019 to , consumption stood at a somewhat lower figure.Market Forecast
The market for monumental stone granules and powder is expected to start a downward consumption trend over the next eight-year period. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -% for the eight-year period from to , which is projected to depress the market volume to tons by the end of .
In value terms, the market is forecast to contract 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 eight-year period from to , which is projected to depress the market volume to tons by the end of .In value terms, the market is forecast to contract 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
Monumental stone granules and powder market in Chile consists almost entirely of imported products.
Trade Balance
Chile remains a net importer of monumental stone 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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