Abstract Due to the impact of the European economic crisis, more and more Portuguese decorative stone enterprises have turned to emerging markets led by China. In 2011, the total export volume reached 437 million euros, of which 54 million entered the Chinese market, an increase of 8% over the previous year. Than 12%,...
Due to the impact of the European economic crisis, more and more Portuguese decorative stone enterprises have turned to emerging markets led by China. In 2011, the total export volume reached 437 million euros, of which 54 million entered the Chinese market, an increase of 8% over the previous year. 12%, an increase of 4.8 percentage points from two years ago. In the first five months of 2012, the export volume to China also reached 27.4 million, showing a good trend, which is expected to hit a record high in that year. According to data from the Portuguese Foreign Investment and Trade Promotion Agency, China accounted for 18% of Portuguese stone exports in the first four months of 2012, second only to France (20.2%). As the world's largest producer and consumer of decorative stone, China has an increasingly important influence on the export of this product in Portugal.
More than 90% of the above exports to China are unprocessed large stones. After being shipped to China, it is processed using a lower-cost local labor force. Even for stone materials, prices have increased eightfold in the past five years.
Decorative stone is one of the few mineral resources in Portugal. Since 2008, exports have increased year by year, and the current export rate has reached 75%.
Portugal's stone resources are mainly marble, granite, limestone and schist. The marble of Portugal is mainly distributed in the western border area almost at the same latitude as the capital Lisbon. The export of marble ranks second in the world.
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