South Africa: 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 South Africa

The South African market for gravel, pebbles and crushed stone for concrete and road aggregates fell to $X in 2023, dropping by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2023, consumption failed to regain momentum.

Production of Gravel, Pebbles And Crushed Stone for Concrete and Road Aggregates in South Africa

In value terms, production of gravel, pebbles and crushed stone for concrete and road aggregates shrank to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, production of reached the maximum level at $X in 2017; however, from 2018 to 2023, production remained at a lower figure.

Exports of Gravel, Pebbles And Crushed Stone for Concrete and Road Aggregates

Exports from South Africa

In 2023, approx. X tons of gravel, pebbles and crushed stone for concrete and road aggregates were exported from South Africa; falling by X% compared with 2022 figures. In general, exports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, exports of gravel, pebbles and crushed stone for concrete and road aggregates fell markedly to $X in 2023. Overall, exports recorded a mild contraction. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Mozambique (X tons), Botswana (X tons) and Lesotho (X tons) were the main destinations of exports of gravel, pebbles and crushed stone for concrete and road aggregates from South Africa, with a combined X% share of total exports. Swaziland, France, South Korea, the United States, Canada and Democratic Republic of the Congo lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for gravel, pebbles and crushed stone for concrete and road aggregates exported from South Africa were the United States ($X), South Korea ($X) and Swaziland ($X), together accounting for X% of total exports. Canada, Mozambique, Botswana, Democratic Republic of the Congo, France and Lesotho lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, France, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for gravel, pebbles and crushed stone for concrete and road aggregates stood at $X per ton in 2023, which is down by X% against the previous year. In general, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per ton), while the average price for exports to Lesotho ($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 Democratic Republic of the Congo (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 South Africa

In 2023, the amount of gravel, pebbles and crushed stone for concrete and road aggregates imported into South Africa dropped significantly to X tons, waning by X% compared with the previous year's figure. Over the period under review, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports of attained the peak figure at X tons in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, imports of gravel, pebbles and crushed stone for concrete and road aggregates reduced rapidly to $X in 2023. In general, imports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked at $X in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X tons), Namibia (X tons) and China (X tons) were the main suppliers of imports of gravel, pebbles and crushed stone for concrete and road aggregates to South Africa, with a combined X% share of total imports. Malawi, Lesotho, the UK and India lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Malawi (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, the largest gravel, pebbles and crushed stone for concrete and road aggregates suppliers to South Africa were China ($X), Lesotho ($X) and Turkey ($X), together accounting for X% of total imports. Malawi, Namibia, the UK and India lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Malawi, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average import price for gravel, pebbles and crushed stone for concrete and road aggregates stood at $X per ton in 2023, waning by X% against the previous year. Overall, the import price saw a abrupt decrease. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Namibia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Zimbabwe (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform