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The phrase "also marked a decline" is correct and usable in written English.
It can be used to indicate that something has contributed to or is associated with a decrease in a particular area or aspect.
Example: "The recent economic policies also marked a decline in consumer spending."
Alternatives: "also indicated a decrease" or "also signified a downturn."
Exact(2)
It also marked a decline in Scharf's fortunes.
The early to middle 1990s were commercially successful for Morrison with three albums reaching the top five of the UK charts, sold-out concerts, and a more visible public profile; but this period also marked a decline in the critical reception to his work.
Similar(58)
The Whiteman period also marked a precipitous decline in Beiderbecke's health, brought on by the demand of the bandleader's relentless touring and recording schedule in combination with Beiderbecke's persistent alcoholism.
Although other hedge funds experienced declining AUM in this period, it was not nearly as marked a decline as experienced by activist funds.
But it also marked a new beginning.
It also marked an improvement on the 1.3% decline in footfall in July.
That also marks a 5.6percentt revenue decline from the fourth quarter of 2015.
They marked a decline in sales and standard.
That marked a decline of nine percentage points since November.
But the latest results marked a decline from the $5.3 billion BP posted in the third quarter of 2009.
This marked a decline from "Pilot", which attracted 33 percent of the available audience.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com