Price for Monumental or Building Stone, Other than Granite and Sandstone in Iraq - 2022

Contents:

  1. Price for Monumental or Building Stone, Other than Granite and Sandstone in Iraq (CIF) - 2022
  2. Imports of Monumental or Building Stone, Other than Granite and Sandstone in Iraq

Price for Monumental or Building Stone, Other than Granite and Sandstone in Iraq (CIF) - 2022

The average import price for monumental or building stone, other than granite and sandstone stood at $228 per ton in 2022, growing by 179% against the previous year. Overall, the import price, however, showed a pronounced decline. The import price peaked at $330 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($170 per ton), while the price for Jordan ($22 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+12.3%), while the prices for the other major suppliers experienced a decline.

Imports of Monumental or Building Stone, Other than Granite and Sandstone in Iraq

Imports of monumental or building stone, other than granite and sandstone into Iraq surged to 1.8K tons in 2022, rising by 26% compared with 2021. The total import volume increased at an average annual rate of +7.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 30%. As a result, imports reached the peak of 1.9K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of monumental or building stone, other than granite and sandstone surged to $409K in 2022. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Monumental or Building Stone, Other than Granite and Sandstone in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey48.085.854.496.326.1%
Iran30.846.450.037.46.7%
India33.743.340.026.3-7.9%
Others5.7-7.7-27.9249252.2%
Total11816811640951.3%

Top Suppliers of Monumental or Building Stone, Other than Granite and Sandstone to Iraq in 2022:

  1. Turkey (1.8K tons)
  2. Iran (1.1K tons)
  3. India (0.2K tons)

Source: IndexBox Market Intelligence Platform

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