09-Oct-2024
Key Highlights:
For decades, granite's timeless elegance and durability have made it a favourite material for architects and builders. With a ?25,000 crore granite industry, India is also one of the top producers and exporters of granite worldwide. Furthermore, India is a major global producer and exporter of natural stones, particularly granite. However, did you know that India dominates the global market for granite exports?
Today, we examine the factors driving the rise in Indian granite exports. We will also talk about the Indian granite export statistics, the list of top marble and granite exporters in India, and the top granite export from India.
In 2023, the granite market was estimated to be worth $18.5 billion globally. With a compound annual growth rate of 2.3%, the market is predicted to surpass $23.3 billion by 2032.
In India, for instance, it is expected that the demand for granite will increase by 4.1% annually through 2023.
In general, it is anticipated that India's demand for granite will grow over time, but it is unlikely to catch up to the robust export market anytime soon.
As the market for natural stone is growing throughout the world, Indian granites have a considerable market size in the global market, so it clearly shows a prosperous future for Indian granite exporters. Even the government of India is taking several actions to get excessive output out of the country’s granite sector.
Granite exporters from India also invest in modern technology to improve product quality and reduce their environmental impact. It is anticipated that these actions will increase granite and marble export from India.
In general, the granite industry in India is thriving and has a bright future. In the upcoming years, the sector will contribute significantly to the Indian economy. The government's "Make in India" initiative is anticipated to have a major positive impact on the Indian granite industry.
According to granite export data, 1,283 Indian exporters sold to 3,245 buyers, accounting for a total of 55.9K in granite exports.
India is the world's largest exporter of Indian granite, with the majority of its exports going to China, Japan, and France, according to granite export data from India.
Oman (367 shipments), Sri Lanka (270 shipments), and India (55,914 shipments) are the top three exporters of granite.
Based on granite export data from India, the top three HSN codes for granite are:
The granite HS code table is shown here.
|
HS Code |
Description |
Potential Products |
|
68022390 |
Polished, monumental, or building stone of granite (other than granules or crushed stone) |
Granite slabs (polished), granite countertops, granite vanity tops |
|
68022310 |
Granite, surfaced (polished, honed, sanded, or rustic), not further worked |
Granite slabs (polished, honed, calibrated) |
|
25161100 |
Granite, dimensioned (e.g. slabs, strips and squares), polished, exceeding 2 cm thickness |
Granite slabs (thick format, polished) |
The majority of Indian granite exports, including polished slabs, countertops, and vanity tops, are included in HS code 6802, as per granite export data from India. A more niche market that requires thicker, rougher granite slabs for further processing elsewhere is catered to by HS code 2516. To ensure that you are using the correct HS code for your granite and marble export from India, it is usually advised that you check with a market research platform.
Additionally, visit Exportimportdata.in to get a detailed list of granite HS codes and granite export data from India and worldwide.
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The following table lists the leading granite exporters:
|
S.No |
Granite Exporting Countries |
Granite Export Data(Export Values) |
|
1 |
India |
$718 million |
|
2 |
Brazil |
$173 million |
|
3 |
Norway |
($131 million), |
|
4 |
Angola |
$113 million |
|
5 |
Spain |
$79.5 million |
The largest granite exporters, by value, were Brazil ($173 million), Angola ($113 million), Norway ($131 million), India ($718 million), and Spain ($79.5 million), according to granite export data from India. But if you need up-to-date information on granite export from India, get in touch with our platform to easily obtain the global market report.
Check out the Indian granite exporters' list or the top granite exporters in India now.
The following is a list of Indian granite exporters:
So, all these granite export companies in india are well-known for their ability to export granite and marble from India while upholding reliable supply networks and for their substantial worldwide footprint. Require contacting exporters of granite? For the most recent granite export data from India, buyers, and the list of Indian granite exporters, get in touch with ExportImportData.in.
Due to the various advantageous qualities of Indian granite, which have had a tremendous impact on the world, choosing the best Indian granite supplier is essential to preserving its reputation across the globe.
A list of granite importers, granite export from India, granite export data, a list of granite exporters, and the HS codes for granite products must all be compiled to find the top granite exporters list. Market research platforms can provide it to you; one of the best data-driven tools for analyzing international shipments is ExportImportData.in
Last Remarks!
In summary, there is enormous potential for granite and marble export from India in the future. Indian granite is a highly favoured material among architects, builders, and homeowners worldwide because of its remarkable natural beauty, unmatched quality, and reasonably priced nature. Given the increasing global demand for natural stone, India is poised to maintain its position as a leading exporter of the material.
For granite export data, granite exporters, and granite export from India inquiries, visit ExportimportData.in today to explore the global market information at your fingertips.
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Export Import Data solutions is one of the best online import export websites in India that provides trade data services and trading business information. Currently, Export import data is the best import export data provider and market research companies in India.
As per granite export data for 2022, the top granite exporters are India, Brazil, Norway, Angola, and Spain.
The major types of granite exported from India are Kashmir White Granite, Black Galaxy Granite, and Red Multicolor Granite.
In 2023, the granite market was estimated to be worth $18.5 billion globally. With a compound annual growth rate of 2.3%, the market is predicted to surpass $23.3 billion by 2032.
The primary importers of Indian granite are China, Japan, and France, according to granite export data from India.
You can explore our dashboard, Exportimportdata.in to obtain the most recent granite export data. It will help you to get the list of genuine granite exporters of India with their shipment values and other keen details.
