2019 has been a difficult year for all those involved to China due to US- China trade war and the tariffs imposed to Chinese exports to the US. Turkey and Italy are China’s greatest suppliers of marble blocks and slabs. Did the US-China trade war affect Turkey’s and Italy’s marble exports to China and if so, at what extend?
Stonenew.eu, after collecting and studying the statistical results of Eurostat and Turkstat (the Turkish Statistical Institute), is presenting Turkey’s and Italy’s marble blocks and slabs exports growth both in value and quantity of exports in the first nine months of 2019.
The chart above shows Turkey’s and Italy’s marble blocks and slabs growth in export value during the first nine months of 2019. As it can be easily seen, Turkey is by far the largest supplier of marble blocks and slabs to China. Despite fluctuations, which in some times were tremendous, Turkey managed to export more marble blocks and slabs in value in September 2019 than in the start of the year. May was the most successful month. As for Italy, the country’s marble blocks and slabs export value is obviously lower than Turkey’s and in some cases may be half of the one of Turkey’s. The fluctuations were rather small keeping the country’s exports in a more stable situation.
Same picture for quantity of exports, too, for Turkey’s and Italy’s marble blocks and slabs exports to China in the first nine months of 2019. Turkish numbers keep being into a crazy race with large fluctuations from month to month. May is again the best month in Turkey’s quantity of exports. As for Italy, the growth rating line remains rather stable with small ups and downs.
*Due to consistent data flow, statistics may alter during the year