Philippines - Gravel, Pebbles and Crushed Stone for Concrete and Road Aggregates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPhilippines: Market for Gravel, Pebbles And Crushed Stone for Concrete and Road Aggregates 2024
Market Size for Gravel, Pebbles And Crushed Stone for Concrete and Road Aggregates in the Philippines
The Philippine market for gravel, pebbles and crushed stone for concrete and road aggregates contracted to $X in 2023, which is down by X% against the previous year. Over the period under review, consumption saw a abrupt downturn. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2023, consumption stood at a somewhat lower figure.
Production of Gravel, Pebbles And Crushed Stone for Concrete and Road Aggregates in the Philippines
In value terms, production of gravel, pebbles and crushed stone for concrete and road aggregates contracted slightly to $X in 2023 estimated in export price. Overall, production continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2015 when the production volume increased by X% against the previous year. Production of peaked at $X in 2016; however, from 2017 to 2023, production failed to regain momentum.
Exports of Gravel, Pebbles And Crushed Stone for Concrete and Road Aggregates
Exports from the Philippines
In 2023, the amount of gravel, pebbles and crushed stone for concrete and road aggregates exported from the Philippines reduced rapidly to X tons, with a decrease of X% compared with 2022. Overall, exports saw a abrupt shrinkage. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.
In value terms, exports of gravel, pebbles and crushed stone for concrete and road aggregates rose markedly to $X in 2023. In general, exports showed a deep reduction. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports of attained the peak figure at $X in 2016; however, from 2017 to 2023, the exports remained at a lower figure.
Exports by Country
Japan (X tons) was the main destination for exports of gravel, pebbles and crushed stone for concrete and road aggregates from the Philippines, accounting for a X% share of total exports. Moreover, exports of gravel, pebbles and crushed stone for concrete and road aggregates to Japan exceeded the volume sent to the second major destination, the United States (X tons), sevenfold. The third position in this ranking was taken by Malaysia (X tons), with an X% share.
From 2012 to 2023, the average annual growth rate of volume to Japan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Malaysia (X% per year).
In value terms, Japan ($X) remains the key foreign market for gravel, pebbles and crushed stone for concrete and road aggregates exports from the Philippines, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports. It was followed by Micronesia, with a X% share.
From 2012 to 2023, the average annual growth rate of value to Japan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Micronesia (X% per year).
Export Prices by Country
In 2023, the average export price for gravel, pebbles and crushed stone for concrete and road aggregates amounted to $X per ton, declining by X% against the previous year. Overall, the export price saw a drastic downturn. The growth pace was the most rapid in 2016 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2019; however, from 2020 to 2023, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Micronesia ($X per ton), while the average price for exports to Malaysia ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Micronesia (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Gravel, Pebbles And Crushed Stone for Concrete and Road Aggregates
Imports into the Philippines
Imports of gravel, pebbles and crushed stone for concrete and road aggregates into the Philippines contracted to X tons in 2023, waning by X% against the year before. In general, imports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2022 when imports increased by X%. As a result, imports reached the peak of X tons, and then fell in the following year.
In value terms, imports of gravel, pebbles and crushed stone for concrete and road aggregates fell remarkably to $X in 2023. Overall, imports, however, continue to indicate a perceptible increase. The most prominent rate of growth was recorded in 2022 when imports increased by X%. As a result, imports attained the peak of $X, and then plummeted in the following year.
Imports by Country
In 2023, China (X tons) was the main supplier of gravel, pebbles and crushed stone for concrete and road aggregates to the Philippines, accounting for a approx. X% share of total imports.
From 2012 to 2023, the average annual growth rate of volume from China amounted to X%.
In value terms, China ($X) constituted the largest supplier of gravel, pebbles and crushed stone for concrete and road aggregates to the Philippines.
From 2012 to 2023, the average annual rate of growth in terms of value from China amounted to X%.
Import Prices by Country
In 2023, the average import price for gravel, pebbles and crushed stone for concrete and road aggregates amounted to $X per ton, falling by X% against the previous year. Over the period under review, the import price recorded a abrupt decline. The pace of growth was the most pronounced in 2019 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2020 to 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2023, the rate of growth in terms of prices for India amounted to X% per year.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for gravel, pebbles and crushed stone for concrete and road aggregates in the Philippines. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 08121210 - Gravel and pebbles of a kind used for concrete aggregates, f or road metalling or for railway or other ballast, shingle and flint
- Prodcom 08121230 - Crushed stone of a kind used for concrete aggregates, for road metalling or for railway or other ballast (excluding gravel, p ebbles, shingle and flint)
Country coverage:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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