Other Stone: Making a Slip
A small stumble for the industry's jumble.
Just as the mix of porphyry, basalt, quartzite, sandstone and other niche-market items managed to maintain a good strong growth rate in the past few years, the curve dropped slightly in 2018 for the sector, both in volume and value. While quartzite contributed to Brazil’s big gains in the sector since 2013, the country shipped 18.4% less in what’s classified as other stone in 2018. It’s the only decline of the top five exporters of the sector to the United States, although none of the other four managed growth above 7%.
Source: U.S International Trade Commission, Stone Update analysis
Brazil also posted the largest loss in value: slightly more than $26 million from 2017 totals. However, the country didn’t post a larger loss in value than volume, avoiding a Misery Rate ranking. India came in at #2 for both tonnage and value but it increased shipment by 4.9% and shrank value by 8.9%, for a Misery Rate of -13.8.
Source: U.S International Trade Commission, Stone Update analysis
All Countries, 2018
Source: U.S International Trade Commission, Stone Update analysis
Source: U.S International Trade Commission, Stone Update analysis