Marble exports-Turkey lags behind rivals in processed

Turkey, although home to an estimated 40 percent of the world's natural stone reserves, cannot compete effectively against rivals in the global marble market because it fails to marble export enough processed to meet international demand.According to data from the Nstanbul Mining Exporters Union, Turkey's total marble exports slumped by 34 percent in the first seven months of this year to $330 million over the same period of 2008. In the January-July period, Turkey's marble exports to the US, the largest processed market, contracted by 51 percent over the same period of the preceding year. Commenting on the issue, Aegean Mining Exporters Union head Arslan Erdin? said on Monday that countries such as China and India purchase raw marble from Turkey at relatively lower prices and sell these for high prices to world markets after having processed the stone. Erdin? said these countries processed marble at cheaper prices than Turkey since they have a large population and thus have a relatively cheaper workforce. "We have to increase our competitive power against companies from such countries. Turkish marble exporters should be encouraged to first process marble and then export," he noted.
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