High competition in the US
According to the statistic regarding the first eight months of 2019, Turkey has recovered its leadership in the US market, which was taken over by China in 2018. Exporting natural stones worth $117.5 million to the USA in the first eight months of 2019,
Trying to find a solution to the regression in the block market, Turkey also wants to boost the processed product sale. The first address that one thinks of when processed products are mentioned is the USA. But what’s the situation there? As Marble Trend, we had drawn your attention to the risk of China taking over Turkey’s long-held position of being the country that exported the most processed marble to the USA.4
The throne was lost in 2018
Indeed, 2018 was recorded as the year in which Turkey lost its leadership in the US market. Turkey, which used to almost triple China’s processed marble export to the USA in 2012, not a long time ago, lost the leadership in six years. According to the statistics of 2018, Turkey sold processed natural stone to the USA and made $203,866,168, whereas China made $244,122,368. Italy, however, followed China and Turkey with a processed marble income of $149,152,671.4