The top exporters of worked monumental or building stone in 2023 were China, Italy, India, Turkey, and Brazil, with China leading significantly at 5.77 billion USD. Over the previous year, China's export value grew marginally, due to saturation and a relatively stable demand. Italy and India followed with minor increases, demonstrating robust market positions with long-established trade relations. Turkey and Brazil exhibited consistent yet slower growth, signifying stable output and international trust in their products.
Over the past five years, the compound annual growth rate (CAGR) highlighted moderate overall growth, indicating steady global demand despite economic fluctuations. For instance, while China’s CAGR remained robust, other key players like Italy and India showed moderate growth rates, reflecting diversification and modernization strategies.
Future trends to watch include the diversification of China’s customer base, increased competition from emerging economies, and enhanced sustainability initiatives. As global construction continues booming, focus on quality and ecological impact will shape market dynamics and competitiveness among these top exporters.
Top countries in Top Exporters of Worked Monumental or Building Stone
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 China | 5,770 | 2016 | |
| 2 | 2 Italy | 1,710 | 2016 | |
| 3 | 3 India | 1,010 | 2016 | |
| 4 | 4 Turkey | 923.76 | 2016 | |
| 5 | 5 Brazil | 862.9 | 2016 | |
| 6 | 6 Spain | 418.26 | 2016 | |
| 7 | 7 Portugal | 221.76 | 2016 | |
| 8 | 8 Egypt | 210.81 | 2016 | |
| 9 | 9 Greece | 167.02 | 2016 | |
| 10 | 10 Canada | 165.81 | 2016 |