Key Market Indicators
Lebanese Stone Export is forecast to drop to $5.7 million by 2026, a decrease of 8.1% per year on average from 2021's total of $9.2 million. Since 2002, Lebanon's supply has been declining by 7.4% annually. In 2021, the country ranked 74th, with Tunisia taking its place at 73rd with $9.2 million. Germany, the United States and Italy were the top three in the ranking. Lebanese Stone Import, on the other hand, is expected to rise to $117 million by 2026 from $108.8 million in 2021, a growth of 1.2% each year on average. Since 2002, Lebanon's demand has dropped by 3.3% annually. In 2021, the country was 61st, with Latvia surpassing it with $108.8 million. Germany, the United Kingdom and France held the top three spots in the ranking.