
China - Gravel And Crushed Stone - Market Analysis, Forecast, Size, Trends And Insights
China's Gravel and Crushed Stone Exports Grew Sevenfold in Last Decade
IndexBox has just published a new report: 'China - Gravel And Crushed Stone - Market Analysis, Forecast, Size, Trends And Insights'. Here is a summary of the report's key findings.
China's Gravel and Crushed Stone Exports
From 2010 to 2020, China's gravel and crushed stone exports rose from $63M to $492M. In physical terms, supplies increased from 15M tons to 56M tons (IndexBox estimates).
Hong Kong SAR (46M tons) was the main destination for gravel and crushed stone exports from China, with a 82% share of total volume. Moreover, gravel and crushed stone exports to Hong Kong SAR exceeded the volume sent to the second major destination, Taiwan (Chinese) (6.3M tons), sevenfold.
In value terms, supplies to Hong Kong SAR ($346M) comprise 70% of total exports. The second position in the ranking was occupied by Taiwan (Chinese) ($62M), with a 13% share of total value.
From 2010 to 2020, the average annual rate of growth in terms of value to Hong Kong SAR amounted to +37.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+7.2% per year) and Macao SAR (+35.8% per year).
The average gravel and crushed stone export price stood at $8.8 per ton in 2020, picking up by 13% against the previous year. Average prices varied somewhat for the major overseas markets. In 2020, the country with the highest price was Taiwan (Chinese) ($9.9 per ton), while the average price for exports to Hong Kong SAR ($7.6 per ton) was amongst the lowest. From 2010 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR, while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the market for gravel and crushed stone in China. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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