Italian stone exports continue to fall

In the first four months of 2009, Italy exported 1.048 million tons of stone (blocks and stone products) worth 427,475,000.00 euros, a decrease of 21.3% over the same period last year.

The authoritative stone agency in Italy collected and published the above data and analyzed it, suggesting that the prospect of Italian stone in 2009 may be even more bleak.

The data shows that Italian stone exports are experiencing an unprecedented sharp drop. The economic crisis during this period has seriously affected all aspects of the market, and both buyers and sellers have been hit hard.

The short four-month performance does not allow us to determine the next market, but the extent of its impact is still worrying.

The export of granite, the top priority of stone, is really unavoidable, compared with 34.21% in the same period last year, and the decline in marble and travertine products is not so heavy.

The total amount of marble products exported reached 197,000,000 euros, while the granite for the same period was only 138,760,000 euros. From the same period last year, we can see that the marble products were 243,000,000 and the granite products were 208,000,000 euros.

Other data worth mentioning are about the two main Italian regions of Tuscany and Veneto. For the most negative North American market, its export volume has dropped by 2/3 compared to 2007, and the value of exported stone has also fallen by more than 54%. Both of these production areas are subject to the degree of marble export damage, both in terms of quantity and selling price.

Similarly, in Europe, the value of exports to countries within the EU fell by 28%, and exports to countries outside the EU (Russia, Switzerland, Croatia) fell by 15.5%. In the past, the strong North African market, the Middle East market also fell in price.

For China's stone enterprises, due to the increase in domestic construction projects, many foreign trade companies have turned their attention to the domestic market. At present, it can be said that there is no more desirable market than China. In 2010 Shanghai Stone Fair, there will be more overseas buyers, abandoning middlemen and coming to China to purchase more economical stone products.

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