What was the course of Italy’s marble exports in the first ten months of 2020?
Italy’s marble exports show improvement in the ten months of 2020, however, they remain much lower than in 2019. Specifically, between the decade 2019 – 2020, a decrease of -23.56% was recorded in the total value of marble exports and in the total quantity -32.23%. In the Table below we see the changes (%) in the marble exports of Italy between the decade 2019 – 2020.
In the Table we observe the improvement of exports from May to September where, for the first time in the year, a marginal increase was recorded compared to 2019. However, in the shadow of the second wave of the COVID-19 pandemic, exports fell.
Individually, between the decade 2019 – 2020, a decrease was recorded in the value of exports of marble blocks and slabs -38.49% and in quantity -38.55%. In finished marble products the fall is smaller with -16.29% in value and -17.13% in quantity.
The main reason for the decline is the decline in exports to the US, China and India, which absorb more than 40% of Italian marble. However, it should be noted that the increase in exports to Saudi Arabia and Qatar has significantly reduced the overall decline.
*Due to consistent data flow, statistics may alter during the year
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**The statistics are derived from the analysis of the Harmonized System (HS) Codes:
25151100: Marble and travertine, crude or roughly trimmed.
25151200: Marble and travertine, merely cut, by sawing or otherwise, into blocks or slabs of a square or rectangular shape.
68022100: Marble, travertine and alabaster articles thereof, simply cut or sawn, with a flat or even surface (excl. With a completely or partly planed, sand-dressed, coarsely or finely ground or polished surface, tiles, cubes and similar articles of subheading 6802.10, setts, curbstones and flagstones)
68029100: Marble, travertine and alabaster, in any form (excl. Tiles, cubes and similar articles of subheading 6802.10, imitation jewelery, clocks, lamps and lighting fittings and parts thereof, buttons, original sculptures and statuary, setts, curbstones and flagstones)