The problems caused by the pandemic, with repeated lockdowns and maritime transport issues, do not affect China’s processed marble and granite exports negatively. Businesses in the world’s largest exporting country have managed to overcome the difficulties by increasing exports to record levels.
Specifically, according to recently released Chinese export statistics, the second quarter saw a five-year record in value and average price per tonne of processed marble exports. Processed granite exports also set a five-year record concerning average price per tonne, while value reached historic highs in previous years.
The table below depicts the changes (%) in China’s processed marble and granite exports between the second quarters of 2021 and 2022 and between the first and second quarters of 2022.
Between the second quarters of 2021 and 2022, the value and average price per tonne in exports of processed granite increased more than that of marble. At the same time, the quantity decreased by a similar amount. Reaching 2022, between the first and second quarters, exports of processed marbles and granites jumped in value and quantity, while the average price per tonne increased to a lesser extent and maintained its upward trend.
In processed granite, the rise was mainly due to increased exports to South Korea, Japan and the United States. The increase in exports of processed marble was mainly due to increased exports to Vietnam, the USA, and South Korea.
*The statistics are derived from the analysis of the Tariff Class Codes – Harmonized System (HS) Codes:
25151100: Marble & travertine, crude or roughly trimmed.
25151200: Marble & travertine, merely cut into a square / rectangular blocks / slabs.
25181000: Dolomite, not calcined / sintered.
25161100: Granite, crude or roughly trimmed.
25161200: Granite, merely cut into a square / rectangular blocks / slabs.
*Due to consistent data flow, statistics may alter during the year
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