Italy Marble Export (2023)

Italy Marble Building Stone Export Price in February 2023 

Marble Building Stone Price in Italy Falls Markedly to $2,149 per Ton 

The current market situation in Italy shows that the price of Marble building stone has undergone a significant drop to $2,149 per Ton (FOB, Italy) by glancing at February 2023.

This decline marks a -13.3% difference from the previous month. However, over the last twelve months, the price has experienced a steady monthly increase of +1.1%, with the most significant growth rate recorded in April 2022, where it surged by 9.4% compared to the previous month.

Nonetheless, the export price achieved its highest point in January 2023, peaking at $2,478 per Ton before declining in the following month.

It is worth noting that the prices of marble building stone varied depending on the destination country.

Regarding the highest price, the United Kingdom ranked the top country, with a price tag of $3,818 per Ton, while Libya had one of the lowest prices recorded at $487 per Ton.

Italy Marble Export Supplies

In addition, from February 2022 to February 2023, the most significant price growth was observed in supplies to Morocco, which experienced a positive growth rate of 5.5%. Conversely, other significant destinations experienced more modest price growth.

Italy Marble Export : Categorization by type (Italy, 2023)

Italy Marble Export and Price Average

The average prices for the major types of exported Italy Marble Building Stone varied somewhat.

In February of 2023, the highest-priced product was marble, travertine, and alabaster articles (not simply cut or sawn, with a flat or even surface), costing $2,333 per Ton. However, the average price for exports of marble, travertine, and alabaster cut or sawn with a flat or even surface totalled $1,811 per Ton.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for marble, travertine, and alabaster articles (not simply cut or sawn, with a flat or even surface), which increased by 1.6%.

Italy Marble Export $ Shipments

Overseas shipments of marble building stone increased by 44% to 37K tons in February of 2023, ending a two-month decline.

However, exports saw a relatively flat trend pattern over the period under review.

Italy Marble Export and Values

In value terms, marble building stone exports skyrocketed to $79M (IndexBox estimates) in February 2023.

• Exports of marble building stone from Italy remained relatively stable overall, with a notable increase of 27% month-over-month in October 2022.
• The main products exported were marble, travertine, and alabaster articles (not simply cut or sawn and with a flat or even surface) weighing 24,000 tons, as well as cut or sawn marble, travertine, and alabaster with a flat or even surface weighing 13,000 tons.
• Between February 2022 and February 2023, the most significant growth was seen in cut or sawn marble, travertine, and alabaster with a flat or even surface, with a compound annual growth rate of 1.5%.
• In terms of value, the most significant type of marble building stone exported from Italy was marble, travertine, and alabaster articles weighing $55 million, making up 70% of total exports.
• The second place was cut or sawn marble, travertine, and alabaster with a flat or even surface, weighing $23 million and comprising 30% of total exports.
• From February 2022 to February 2023, the average monthly growth rate of the export volume of marble, travertine and alabaster articles (other than cut or sawn, with a flat or even surface) was relatively modest.

Italy Marble Export: Categorization by Country

Italy Marble Export by Country: 

• The United States (6.6K tons), Saudi Arabia (3.6K tons) and Qatar (2.1K tons) were the main goals of marble building stone exports from Italy, together accounting for 33% of total exports.
• With Regards to shipments, the countries that lagged were the United Arab Emirates, Libya, France, Morocco, Kuwait, Germany, Iraq, the UK, Mexico, and Indonesia, making up 34% of the total.

Italy Marble $ Main Goals

• Among the main goal locations, Libya had the highest growth rate from February 2022 to February 2023, with a CAGR of +11.9%, while other leaders experienced slower growth.
• The United States remains the top foreign market for marble building stone exports from Italy, with $25M in value and comprising 32% of total exports.
• Saudi Arabia ranks second with $5.4M and a 6.8% share, followed by France with a 6.1% share.

Italy Marble Export & monthly growth rate

The monthly growth rate in value to the United States was relatively modest, while Saudi Arabia and France had average monthly rates of +0.7% and +1.4%, respectively.

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