Moralemeter


World, October 1st, 2020

The stone industry has held up reasonably well during last 4 months, in fact, better than expected. Specially companies in the high income countries and those who export to them. But the winter season is now approaching soon (and the virus is starting to spread again).

 

Brazil, October 1st, 2020

Inspite of the severe impact of the Coronavirus there are some new projects in Brazil, the investors seem to be betting that next year will be better. Exports to USA are keeping the companies busy.

 

China, October 1st, 2020

 

The Chinese stone industry seems to be turning inwards, more local market focused. But it still means big import of blocks from just about everywhere.

 

 

Germany, October 1st, 2020

For all the world's obsession with the virus this has been a very decent year for the German stone industry. People have stayed
home instead of travelling and have been spending on home improvements.

 

India, October 1st, 2020

The quarries and factories have been working with great limitations, shortage of labour, erratic supplies, problems of finding containers, etc., but few are complaining of lack of orders.

 

Latin America, October 1st, 2020

 Almost all the countries are going through a severe recession and the Coronavirus has hit the economies very hard.  

 

Middle East, October 1st, 2020

Except for in Qatar, there are very few big projects of the kind that existed just a few years ago. Iraq has been a good market for many companies.  The local industry now depends on small and medium sized private sector projects and renovation work.

 

 

New Central / East EU countries, October 1st, 2020

The year has not been bad at all for the stone companies. The companies have good expectations for the rest of the year.

 

 

Spain, October 1st, 2020

The last few months were surprisingly good for many companies, but everyone has the same question: how long will it last?

 

 

Turkey, October 1st, 2020

The thermometer of the marble industry, Turkey's stone industry nowadays depends heavily on the international markets. Exports of blocks to China and processed stone elsewhere have all increased in recent months. In a tough year the Turks are still opening new quarries in different parts of their country.

 

USA, October 1st, 2020

The last four months have been good for the stone industry, just about everyone has been busy. Moreover, the economy is flooded with money. Winter will slow down things in 2 months time, but that happens every year.