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Import News
2025-08-15
The international granite import market is experiencing significant growth, mainly driven by the following factors:
A. Market demand growth: With the acceleration of urbanization and the increasing demand in the construction industry, the demand for granite as a building material continues to rise.
B. Technological progress: The advancement of mining and processing technology has improved the quality and usability of granite products, making them more accessible in various applications.
C. Consumer preference: People's preference for natural stone and pursuit of durability and aesthetics have driven the development of the granite market.
D. The global granite import market sales reached 19.84 billion US dollars in 2024 and are expected to reach 26 billion US dollars by 2031, with a compound annual growth rate (CAGR) of 4.0% (2025-2031).
According to Tendata Global Trade Data, the following countries are the top 10 Countries of Granite Imports in 2024：
1. China: $233.41 million (30.79%)
2. United States: $113.87 million (15.02%)
3. Vietnam: $45.95 million (6.06%)
4. Germany: $34.44 million (4.54%)
5. Poland: $29.24 million (3.86%)
6. Singapore: $17.75 million (2.34%)
7. Nepal: $17.23 million (2.27%)
8. Netherlands: $16.11 million (2.12%)
9. United Kingdom: $16.09 million (2.12%)
10. France: $15.06 million (1.99%)
The concentration trend of the global granite import market is significant in 2024. The top 10 importing countries contribute 71.11% of the global import share, indicating that a few countries dominate the majority of market demand.
According to Tendata Global Trade Data, the following companies are the largest participants in global granite import in 2024:
1. TO：$24.81 million (24.16%)
2. XIAMEN JINGTAIQUAN INDUSTRIAL CO：$10.94 million (10.65%)
3. ORIENT NATURAL RESOURCES PTE LTD：$10.17 million (9.91%)
4. XIAMEN JINGTAIQUAN INDUSTRIAL CO L：$10.15 million (9.88%)
5. CJ RESOURCES PTE LTD：$9.65 million (9.40%)
6. WELL GROWTH DEVELOPMENT LIMITED：$8.83 million (8.60%)
7. XIAMEN BLESS TRADING CO LTD：$7.23 million (7.04%)
8. ELSERAG FOR MARBLE AND GRANITE：$7.09 million (6.90%)
9. XIAMEN NOVA IMP AND EXP CO LTD：$7.03 million (6.85%)
10. XIAMEN SANDEYU TRADE CO LTD：$6.77 million (6.60%)
Compared with the national level, the market concentration at the importer level is higher, with the top 10 importers accounting for 99.99% of the import share, almost monopolizing the global granite import trade, reflecting the strong control of large importers in the supply chain.
Overall, the global granite import market in 2024 presents a pattern of "dominance by a few countries and monopoly by top enterprises", with Asia, especially China, occupying a core position in both demand and trade, while the European market maintains stable contributions. This pattern is closely related to the distribution of global infrastructure investment and regional economic development trends.
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