In 2023, India led the global export of cut or sawn slabs of granite, holding a dominant share of 62.75%, followed by Thailand at 14.48%, and China at 9.96%. While India and Thailand experienced positive year-on-year growth rates of 3.21% and 6.91% respectively, China saw a decline of 12.97% in its export share.
Other noteworthy countries include Portugal, Spain, Netherlands, Brazil, and Italy, with varied growth rates. Brazil and Italy faced significant decreases, with -18.54% and -21.93% respectively, indicating potential shifts in market dynamics or supply chain adjustments. Smaller countries like Kyrgyzstan and Slovenia experienced substantial growth due to increased production capabilities or market demands.
Future trends to watch include:
- The continued rise of emerging markets such as Kyrgyzstan and Slovenia, driven by infrastructure investments and improved manufacturing technologies.
- Potential shifts in China's export strategy, which could impact the global supply chain if they manage to reverse their decline in market share.
- Strategic partnerships or trade agreements that may arise, influencing competitive dynamics among major exporting countries.
Top countries in Export of Cut or Sawn Slabs of Granite Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 62.75 | 2023 | +3.03% | +3.21% | View data |
| 2 | 2 Thailand | 14.48 | 2023 | +4.26% | +6.91% | View data |
| 3 | 3 China | 9.96 | 2023 | -17.54% | -12.97% | View data |
| 4 | 4 Portugal | 3.89 | 2023 | +3.81% | +2.58% | View data |
| 5 | 5 Spain | 1.03 | 2023 | +0.82% | -1.25% | View data |
| 6 | 6 Netherlands | 0.45 | 2023 | +2.44% | +3.78% | View data |
| 7 | 7 Brazil | 0.36 | 2023 | -23.77% | -18.54% | View data |
| 8 | 8 Italy | 0.34 | 2023 | -29.12% | -21.93% | View data |
| 9 | 9 Bosnia and Herzegovina | 0.28 | 2023 | +4.83% | +3.78% | View data |
| 10 | 10 Zimbabwe | 0.24 | 2023 | +6.69% | +1.81% | View data |
