Market for Monumental Stone Granules And Powder in Qatar
Market Overview
The Qatari market for granules, chippings and powder of monumental stone totaled less than $
in , remaining stable 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 saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 with a decrease of %. Monumental stone granules and powder consumption peaked at $ in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.
In value terms, monumental stone granules and powder production reached $ in estimated in export price. Overall, production recorded a remarkable increase. The pace of growth appeared the most rapid in 2014 with an increase of % against the previous year. Over the period under review, production reached the maximum level at $ in 2015; however, from 2016 to , production stood at a somewhat lower figure.
in , remaining stable 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 saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 with a decrease of %. Monumental stone granules and powder consumption peaked at $ in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.In value terms, monumental stone granules and powder production reached $
in estimated in export price. Overall, production recorded a remarkable increase. The pace of growth appeared the most rapid in 2014 with an increase of % against the previous year. Over the period under review, production reached the maximum level at $ in 2015; however, from 2016 to , production stood at a somewhat lower figure.Consumption
In , consumption of granules, chippings and powder of monumental stone decreased by -% to tons, falling for the second consecutive year after two years of growth. Overall, consumption, however, saw a strong expansion. Monumental stone granules and powder consumption peaked at tons in ; however, from to , consumption failed to regain momentum.
The size of the market for granules, chippings and powder of monumental stone in Qatar amounted to less than $ in , leveling off at 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 relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the market value decreased by %. Over the period under review, the market attained the maximum level at $ in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.
, consumption of granules, chippings and powder of monumental stone decreased by -% to tons, falling for the second consecutive year after two years of growth. Overall, consumption, however, saw a strong expansion. Monumental stone granules and powder consumption peaked at tons in ; however, from to , consumption failed to regain momentum.The size of the market for granules, chippings and powder of monumental stone in Qatar amounted to less than $
in , leveling off at 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 relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the market value decreased by %. Over the period under review, the market attained the maximum level at $ in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.Market Forecast
Driven by increasing demand for granules, chippings and powder of monumental stone in Qatar, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to accelerate, 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 less than $ (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 less than $ (in nominal prices) by the end of .Market Structure
Over the period under review, the share of imports in terms of total monumental stone granules and powder consumption in Qatar was relatively small in physical terms, fluctuating under an % figure. In value terms the share of imports also stood at a low figure, which means that the Qatar monumental stone granules and powder market is largely supplied by domestic manufacturers. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.
% figure. In value terms the share of imports also stood at a low figure, which means that the Qatar monumental stone granules and powder market is largely supplied by domestic manufacturers. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.Trade Balance
Qatar 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 $.
. In , there was a significant trade deficit of tons, which was equal to $.
Download XLSX
Download all the data in the form of a report