StatWatch September 2019: What Quartz Glut?
By Emerson Schwartzkopf
Apparently, a funny thing happened to the massive oversupply of imported quartz slabs.
Customers bought and installed it.
Despite grumblings late last year and over the summer of 2019 about China flooding the market to evade high unfair-trade tariffs, quartz surfaces remain a strong part of U.S. hard-surface imports. Even after the early summer squeeze of millions of square feet of Chinese quartz through a keyhole-sized exemption in tariffs, shipments remain strong from a large stable of other countries.
Other hard surfaces didn’t fare as well in Septmber, with granite going into a second month of decline and other natural stone feeling the absence of big shipments from China. And travertine imports remain in reverse gear.
All data is from the U.S. International Trade Commission, along with Stone Update analysis.(Comparisions with September 2018 data is shown in parentheses.)
A side note: Hard-surface import data and news easily outpaces anything else at stoneupdate.com to capture your interest. We’re going to offer something new in 2020 that you’ll like as readers (and advertisers). Get on the early list to know more by emailing me at emerson@stoneupdate.com.
QUARTZ SURFACES
Total: 14,209,618 ft² (-1.8%)
Sector Leader: India, 4,761,949 ft² (+319.6%)
Backfill: China shippped 8.9 million ft² less this September than a year earlier — but overall imports are almost on par with the same time in 2018. Supply is keeping on pace, so it doesn’t appear that U.S. warehouses are stuffed with surplus quartz slabs; there’s still high market demand.
And, for those looking for transshipping locations: Let’s hope it’s not some kind of new papal bull with the declaration of 6,243 ft² from Vatican City.
(square feet) | |||
19-Sep | 18-Sep | Change | |
TOTAL | 14,209,618 | 14,472,602 | -1.8% |
India | 4,761,949 | 1,134,956 | 319.6% |
Spain | 2,768,357 | 1,610,753 | 71.9% |
Vietnam | 1,300,279 | 202,254 | 542.9% |
Turkey | 1,157,808 | 292,304 | 296.1% |
Israel | 826,183 | 820,704 | 0.7% |
Canada | 723,313 | 616,771 | 17.3% |
Taiwan | 592,972 | 42,840 | 1284.1% |
Italy | 563,436 | 147,788 | 281.2% |
Malaysia | 363,798 | 0 | N/A |
South Korea | 283,295 | 52,991 | 434.6% |
Brazil | 241,962 | 92,699 | 161.0% |
Germany | 166,399 | 67,253 | 147.4% |
Czech Republic | 160,339 | 105,615 | 51.8% |
Portugal | 156,701 | 180,198 | -13.0% |
Belgium | 53,873 | 2,648 | 1934.6% |
China | 25,898 | 9,000,310 | -99.7% |
Hong Kong | 15,414 | 37,222 | N/A |
United Arab Emirates | 13,272 | 0 | N/A |
Mexico | 9,526 | 0 | N/A |
Estonia | 7,061 | 0 | N/A |
Vatican City | 6,243 | 0 | N/A |
Oman | 5,210 | 0 | N/A |
Indonesia | 3,229 | 0 | N/A |
Philippines | 1,528 | 0 | N/A |
Romania | 775 | 0 | N/A |
Japan | 517 | 0 | N/A |
Algeria | 248 | 0 | N/A |
United Kingdom | 32 | 0 | N/A |
Thailand | 0 | 60,665 | N/A |
France | 0 | 4,628 | N/A |
Source: U.S. International Trade Commission, Stone Update analysis |
WORKED GRANITE
Total: 113,758 metric tons (-12.1%)
Sector Leader: Brazil, 60,750 metric tons (-8.3%)
Backfill: Worked (sawn, one-side polished) granite looks to be backsliding after a strong first-half 2019. All but one of the top exporters to the United States show declines in shipments, and the one gainer — Spain — is barely in the black.
|
WORKED MARBLE
Total: 41,814 metric tons (-2.9%)
Sector Leader: Turkey, 18,652 metric tons (+10.1%)
Backfill: Minimal movement overall. The big hit comes from China with another month of significant reduction.
|
TRAVERTINE
Total: 18,400 metric tons (-20.5%)
Sector Leader: Turkey, 14,172 metric tons (-19.2%)
Backfill: Travetine’s U.S. import boom lasted exactly one month. The splurge in Chinese travertine in August (9,585 metric tons) plummeted in September.
|
OTHER CALCAREOUS
Total: 9,605 metric tons (-32.7%)
Sector Leader: Canada, 1,373 metric tons (-57.3%)
|
OTHER STONE
Total: 39,034 metric tons (–5.2%)
Sector Leader: Brazil, 10,767 metric tons (-44.1%)
|
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