India is one of the major countries in the global stone market, with strong exports and imports of marble and granite
Export
Starting with granite, between the first quarters of 2022 and 2023, total exports recorded a relatively small decline in value of -9.04%, while in quantity, they recorded a marginal increase of +0.29%.
Individually, granite blocks and slabs exports between the first quarters of 2022 and 2023 fell in value by -11.67%. In quantity, they increased marginally by +0.18%, while the average price per ton fell by -11.83%.
marble exports, between the first quarters of 2022 and 2023, a decline in value by -19.21% and a decline in quantity by -19.47% was recorded.
Import
Generally, India has low granite imports, so the focus is seemed only to be on marble.
Between the first quarters of 2022 and 2023, India’s total marble imports increased marginally in value by +0.3% and in quantity by +6.87%.
Individually, in imports of granite blocks and slabs, import value increased marginally by +1.22% in value, and +7.28% in quantity, while the average price per ton decreased by -5.65%.