The US is the top importer of finished marble products worldwide. Following our previous report on US finished marble products imports growth during the first nine months of 2019, Stonenews.eu is presenting the finished marble products import value per month in 2019 so far compared to the same period of 2018.
0The US finished marble products import value during the first nine months of 2019 followed the general downward trend of the year in marble sector. Compared to the first nine months of 2018, the US imported less than 2018. Although the pattern remains the same, despite the decrease, the gap between the two years becomes larger in August, almost 18.2% less than 2018.
But what about the origin countries? Which were the top three suppliers of finIshed marble products to the US, according to import value, in the first nine months of 2019?
As seen at the table above, Italy is by far the top supplier of finished marble products to the US in 2019 by far, having its peak in July with $ 28.3 million worth finished marble imports. China suffered a massive fall until April when it stood up again. Turkey’s journey had several fluctuations but without large gaps.
The next question that comes up is whether these top supplier countries suffered loss or achieved an increase in import value of finished marble products since last year.
The US finished marble products imports from Italy represent almost 32.7% of the total US imports of these products in the first nine months of 2019. Although the share is the same for 2018, Italy had losses.
The pattern is the same in 2019 as in 2018 for China’s supplying finished marble products to the US, despite the gap, which in March flew up to 50% of the previous rating. China’s share in total imports of finished marble products in 2019 so far is almost 23%.
Until May, 2019 was a better year than 2018 for Turkey exporting finished marble products to the US. However, after May 2019, US imports from Turkey fell, becoming less than the ones of 2018. The biggest gap occurred in September and it reflects a decrease of 15%.