India leads the global export market for granite, porphyry, basalt, and sandstone with a notable 55.68% share, showing a year-on-year increase of 2.34%. Brazil follows with a 10.78% share, experiencing slight growth. Conversely, traditional European contenders like Norway, Spain, and Italy have seen declines. Emerging markets such as Zimbabwe and Pakistan are emerging with positive trends. The United States and China, major global players, saw negative growth, likely due to market saturation or increased local demand.
Looking ahead, developing markets and sustainability trends could reshape the global landscape. Monitoring technological advances for sustainable extraction and eco-friendly logistics in large players like India and Brazil will be crucial. Additionally, geopolitical shifts could impact the market, influencing the dynamics of country-specific exports. Anticipate diversification in sourcing strategies as countries mitigate risks associated with dependency on single-source markets.
Top countries in Export of Granite, Porphyry, Basalt and Sandstone Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 55.68 | 2023 | +2.2% | +2.34% | View data |
| 2 | 2 Brazil | 10.78 | 2023 | -0.1% | +0.18% | View data |
| 3 | 3 Norway | 4.57 | 2023 | -1.23% | -1.66% | View data |
| 4 | 4 South Africa | 3.08 | 2023 | -0.23% | +0.016% | View data |
| 5 | 5 Spain | 2.9 | 2023 | +0.66% | -1.75% | View data |
| 6 | 6 Italy | 2.25 | 2023 | -2.6% | -3.36% | View data |
| 7 | 7 Portugal | 2.17 | 2023 | -0.72% | -1.91% | View data |
| 8 | 8 Zimbabwe | 1.76 | 2023 | +1.79% | +3.49% | View data |
| 9 | 9 China | 1.76 | 2023 | -4.6% | -4.31% | View data |
| 10 | 10 United States | 1.46 | 2023 | -3.66% | -3.21% | View data |
