Vietnam - Gravel And Crushed Stone - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Vietnam - Gravel And Crushed Stone - Market Analysis, Forecast, Size, Trends And Insights

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Price for Gravel and Crushed Stone in Vietnam - 2021

Contents:

  1. Price for Gravel and Crushed Stone in Vietnam (FOB) - 2021
  2. Price for Gravel and Crushed Stone in Vietnam (CIF) - 2022
  3. Exports of Gravel and Crushed Stone in Vietnam
  4. Imports of Gravel and Crushed Stone in Vietnam

Price for Gravel and Crushed Stone in Vietnam (FOB) - 2021

The average gravel and crushed stone export price stood at $116 per ton in December 2021, with a decrease of -10.7% against the previous month. Over the period from December 2020 to December 2021, it increased at an average monthly rate of +2.1%. The growth pace was the most rapid in January 2021 when the average export price increased by 83% month-to-month. As a result, the export price reached the peak level of $165 per ton. From February 2021 to December 2021, the the average export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In December 2021, the countries with the highest prices were Taiwan (Chinese) ($142 per ton) and China ($132 per ton), while the average price for exports to South Korea ($104 per ton) and Bangladesh ($104 per ton) were amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Gravel and Crushed Stone in Vietnam (CIF) - 2022

In 2022, the average gravel and crushed stone import price amounted to $122 per ton, reducing by -43.7% against the previous year. In general, the import price recorded a drastic downturn. The growth pace was the most rapid in 2015 an increase of 143% against the previous year. As a result, import price attained the peak level of $461 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($764 per ton), while the price for Germany ($77 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+23.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Gravel and Crushed Stone in Vietnam

After two years of decline, shipments abroad of gravel and crushed stone increased by 50% to 2.6M tons in 2022. In general, exports, however, showed a abrupt downturn.

In value terms, gravel and crushed stone exports reduced slightly to $107M in 2022. Over the period under review, exports, however, showed a dramatic descent. The growth pace was the most rapid in 2020 when exports increased by 6.9%. As a result, the exports attained the peak of $250M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Gravel and Crushed Stone in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India46.341.529.416.9-28.5%
Bangladesh69.550.46.414.2-41.1%
Singapore13.424.617.210.7-7.2%
Cambodia10.08.67.55.4-18.6%
Taiwan (Chinese)14.913.211.94.3-33.9%
Indonesia0.60.91.83.071.0%
China55.975.921.32.1-66.5%
Brunei Darussalam0.51.81.20.4-7.2%
Others23.133.315.050.229.5%
Total234250112107-23.0%

Top Export Markets for Gravel and Crushed Stone from Vietnam in 2022:

  1. Singapore (238.0K tons)
  2. India (180.7K tons)
  3. Bangladesh (125.0K tons)
  4. Cambodia (29.8K tons)
  5. China (28.0K tons)
  6. Taiwan (Chinese) (23.8K tons)
  7. Indonesia (12.0K tons)
  8. Brunei Darussalam (10.5K tons)

Imports of Gravel and Crushed Stone in Vietnam

In 2022, approx. 16K tons of gravel and crushed stone were imported into Vietnam; increasing by 77% against the previous year's figure. Over the period under review, imports posted resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, gravel and crushed stone imports shrank modestly to $1.9M in 2022. In general, imports, however, continue to indicate a abrupt contraction.

Import of Gravel and Crushed Stone in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,0271,256982747-28.3%
France25912994.3138-18.9%
Hong Kong SAR99.212099.013410.5%
United States10490.699.51132.8%
South Korea25511333.3108-24.9%
Italy24.011915191.256.0%
Germany12.234.735.340.849.5%
Turkey45.657.420.830.2-12.8%
Singapore13.915.212.115.43.5%
Others30954738849416.9%
Total3,1482,4801,9151,912-15.3%

Top Suppliers of Gravel and Crushed Stone to Vietnam in 2022:

  1. China (1.9K tons)
  2. France (1.0K tons)
  3. South Korea (0.6K tons)
  4. Italy (0.5K tons)
  5. Germany (0.5K tons)
  6. Hong Kong SAR (0.5K tons)
  7. Turkey (0.3K tons)
  8. Singapore (0.1K tons)
  9. United States (0.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for gravel and crushed stone in Vietnam. 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)
  • Prodcom 08121250 - Granules, chippings and powder of marble
  • Prodcom 08121290 - Granules, chippings and powder of travertine, ecaussine, granite, porphyry, basalt, sandstone and other monumental stone
  • Prodcom 08121300 - Mixtures of slag and similar industrial waste products, w hether or not incorporating pebbles, gravel, shingle and flint for construction use

Country coverage:

  • Vietnam

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Vietnam
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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