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The development status of China's stone

Author: Linda Zhou
by Linda Zhou
Posted: Sep 29, 2019
stone industry The development status of China's stone

China has vast land and resources, and it is rich in mineral resources, especially stone resources are almost all over the country. The stone industry is a booming industry worldwide, with more than $15 billion in fixed capital, the annual trade volume of more than $6 billion, and it is growing at a rate of 10% per year. In the past ten years, the Chinese stone industry has developed rapidly, not only it is more widely used, but also the demand for stone consumption has increased by Chinese policies. The current annual output has exceeded 10 million tons, making it the largest stone producing country in the world.

The development of China's stone industry, whether in domestic or in import and export trade, is currently growing at a two-digit every year, which is determined by market demand. The development of the domestic construction industry has led to the growth of stone consumption. It is expected that the annual domestic consumption of stone should remain above 250 million square meters in the next few years. In the first four months of 2013, the cumulative export volume of China's stone reached $1.789 billion, up 20.4% year-on-year. The project manager of the HXJQ company said that the sales of stone equipment have increased significantly in recent years, which has promoted the development of the stone industry.

Wide range of stone applications

As a kind of building materials product, stone material occupies a considerable proportion in the global building materials output, and this proportion will continue to expand in the next 5 to 10 years. According to industry insiders, as a typical mineral resource, stone is divided into marble, granite, sandstone and other categories, with thousands of varieties, and it has been the first choice for global large-scale public construction projects, medium and high-end buildings, and home decoration because of its scarcity, environmental protection, natural and high quality. The stone industry chain includes stone resource excavation, geological exploration, mining(https://www.hxcrusher.com/jaw-crusher/), raw material transportation, stone trade, stone processing, product transportation and installation.

Large public construction projects are one of the main markets for stone. All kinds of stone materials are widely used in urban roads, squares, parks, airports, subways, and other projects under construction all over the world, providing a broad development opportunity for stone enterprises. Medium and high-end stone products are mainly used in high-end real estate projects. Common star hotels, high-end clubs, villas, and high-end communities all need to use a large number of different types of stone products for interior and exterior decoration. Especially in the United States, Germany, Italy, Spain, and other traditional stone consumption countries, and a large number of high-end stone products are being used due to their architectural style, living traditions, environmental protection and other factors. According to statistics from relevant departments, the stone application in the home decoration market has accounted for 20% of total consumption, and it has reached 30% to 40% in some high-end residential buildings.

The share of China's stone market in the international stone market is increasing day by day

Throughout the global stone market, Germany, France, Britain, Norway, Italy, and the United States are the major stone consumption countries in the world. According to authoritative estimates, stone consumption in Europe and the United States accounts for more than half of global consumption, while the Chinese stone market share is only 2.3%, which shows that Europe and the United States are a huge market for stone products. In Canada, which has a population of more than 30 million, and the United States, which has a population of 300 million, the annual amount of materials is large and there are great business opportunities. In particular, the challenges brought about by the new concept of green environmental protection have prompted us to produce new type of stone products to meet the needs of the market. Only in this way can we win considerable economic benefits by occupying the American and Canadian markets.

Under the background of booming economic and social development, the Chinese stone industry is embracing a new round of development, driven by the acceleration of urbanization, national investment and upgrading of residents' consumption and other factors. According to the statistics of relevant departments, the main business income of China's stone enterprises reached 241.4 billion yuan in 2011, an increase of 20.6% over the previous year. From January to September 2012, the income from the main business of stone enterprises was higher than that of the same period of last year. The growth was 25.3%, and the total profit increased by 29.3%. The total volume and quantity of stone imports and exports have also achieved substantial growth.

Global integration has promoted the development of China's stone industry. Statistics show that the Chinese stone industry's foreign trade has maintained a high growth trend in recent years. Guangdong Yunfu and Fujian Nan'an are the two major stone export bases in China, accounting for more than 15% of the global stone trade volume. With the intensification of the European debt crisis, stone consumption in developed countries such as Europe and the United States will become more dependent on Chinese stone. Chinese stone has completely surpassed the traditional strong countries of Italy and Spain, becoming the largest stone production, consumption and exporting country in the world. At present, many international customers who purchase stone from Italy, Turkey, Brazil, and other countries have turned to China, and Chinese stone market share in the international stone market is increasing day by day.

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I am a blogger and also a writer.

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Author: Linda Zhou

Linda Zhou

Member since: Jul 08, 2019
Published articles: 2

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