Yes, granite prices have generally increased in recent years due to several global and industry-specific factors. Here are the key reasons behind the rise and current market trends:
Why Have Granite Prices Increased?
1. Rising Quarrying Costs
Limited new granite quarries (environmental regulations, permits).
Depletion of high-quality reserves (e.g., Brazilian Blue Bahia, Indian Black Galaxy).
2. Transportation & Logistics Costs
Global shipping delays and higher freight rates post-pandemic.
Fuel price surges affecting trucking and overseas container costs.
3. Labor & Production Inflation
Increased wages for skilled stone workers.
Energy costs (electricity, fuel) for cutting/polishing granite slabs.
4. High Demand, Low Supply
Luxury real estate and commercial projects continue to drive demand.
Competition from quartz/porcelain alternatives has reduced granite production capacity.
5. Geopolitical & Trade Factors
Export taxes in major producing countries (India, Brazil, China).
Tariffs and trade restrictions in some markets (e.g., U.S. imports).
Current Granite Price Trends (2025)
Entry-Level Granite: $40–$70/sq. ft. (e.g., Giallo Ornamental, Uba Tuba).
Mid-Range Granite: $70–$120/sq. ft. (e.g., Absolute Black, Kashmir White).
Premium/Exotic Granite: $120–$250+/sq. ft. (e.g., Blue Bahia, Van Gogh, Titanium Gold).
(Prices include fabrication/installation; slabs sold separately at $10–$50/sq. ft. depending on origin and quality.)
Will Prices Keep Rising?
Short-Term: Likely stable with minor increases due to persistent logistics costs.
Long-Term: Prices may climb as premium granite becomes scarcer, but demand could shift toward engineered alternatives (quartz, porcelain).
Tips to Save on Granite
✔ Choose Domestic Granite (e.g., U.S.-mined Dakota Mahogany) to avoid import fees.
✔ Opt for "Commercial Grade" (minor imperfections but 20–30% cheaper).
✔ Buy Remnants for small projects (sinks, fireplace surrounds).
✔ Compare Quartz – Sometimes cheaper and more consistent.
