Madagascar, known for its rich mineral resources, plays a significant role in the global granite market. The country"s unique geological formations provide a diverse range of natural stones, with granite being one of the most sought-after. Recent trade data indicates a steady increase in both the volume and value of granite exports, reflecting the growing international demand for this hard-wearing material. According to the latest CSV data, Madagascar exported 150,000 metric tons of granite in the first half of 2023, marking a 10% increase compared to the same period in 2022. This growth is underpinned by rising global construction activities and the demand for high-quality natural stones. Concurrently, the average price per metric ton has seen an upward trend, increasing from $350 in early 2022 to approximately $400 in mid-2023, highlighting the commodity"s enhanced market value and the competitive edge Madagascar holds in the granite supply chain. This positive trajectory in trade volume and pricing can also be attributed to improved mining techniques and better trade logistics, boosting Madagascar"s reputation as a reliable granite supplier. Businesses looking to engage with Madagascar"s granite market will benefit from understanding these dynamics and considering strategic partnerships with local suppliers.

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