United Kingdom - Ready-Mixed Concrete - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Ready-Mixed Concrete and Factory Made Mortar in the UK - 2023
Contents:
- Price for Ready-Mixed Concrete and Factory Made Mortar in the UK (CIF) - 2023
- Price for Ready-Mixed Concrete and Factory Made Mortar in the UK (FOB) - 2022
- Imports of Ready-Mixed Concrete and Factory Made Mortar in the UK
- Exports of Ready-Mixed Concrete and Factory Made Mortar in the UK
Price for Ready-Mixed Concrete and Factory Made Mortar in the UK (CIF) - 2023
The average import price for ready-mixed concrete and factory made mortars stood at $544 per ton in October 2023, waning by -21.7% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 when the average import price increased by 28% month-to-month. As a result, import price attained the peak level of $782 per ton. From May 2023 to October 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Spain ($885 per ton), while the price for France ($259 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Italy (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Ready-Mixed Concrete and Factory Made Mortar in the UK (FOB) - 2022
The average export price for ready-mixed concrete and factory made mortars stood at $94 per ton in 2022, reducing by -2.2% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 19% against the previous year. Over the period under review, the average export prices hit record highs at $151 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($587 per ton), while the average price for exports to Ireland ($84 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+30.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Ready-Mixed Concrete and Factory Made Mortar in the UK
For the fourth year in a row, the UK recorded growth in supplies from abroad of ready-mixed concrete and factory made mortars, which increased by 44% to 80K tons in 2022. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 134%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of ready-mixed concrete and factory made mortars soared to $44M in 2022. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 109%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
| Import of Ready-Mixed Concrete and Factory Made Mortar in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.9 | 8.6 | 5.2 | 12.6 | 87.9% |
| Italy | 3.0 | 5.1 | 6.7 | 7.6 | 36.3% |
| Spain | 4.8 | 2.5 | 3.5 | 6.8 | 12.3% |
| Belgium | 2.1 | 10.4 | 1.9 | 5.9 | 41.1% |
| Poland | 1.8 | 2.2 | 1.5 | 4.1 | 31.6% |
| Ireland | 0.7 | 1.1 | 1.5 | 2.5 | 52.9% |
| France | 0.4 | 0.3 | 6.4 | 1.4 | 51.8% |
| Others | 0.5 | 1.5 | 0.7 | 3.1 | 83.7% |
| Total | 15.2 | 31.8 | 27.4 | 44.0 | 42.5% |
Top Suppliers of Ready-Mixed Concrete and Factory Made Mortar to the UK in 2022:
- Germany (22.3K tons)
- Italy (20.8K tons)
- Poland (8.5K tons)
- Belgium (8.4K tons)
- Spain (7.2K tons)
- France (4.5K tons)
- Ireland (4.5K tons)
Exports of Ready-Mixed Concrete and Factory Made Mortar in the UK
In 2022, exports of ready-mixed concrete and factory made mortars from the UK dropped modestly to 270K tons, flattening at the year before. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 159%. As a result, the exports attained the peak of 274K tons, and then contracted in the following year.
In value terms, exports of ready-mixed concrete and factory made mortars dropped slightly to $25M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 65% against the previous year. As a result, the exports reached the peak of $26M, and then dropped slightly in the following year.
| Export of Ready-Mixed Concrete and Factory Made Mortar in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 12.3 | 11.8 | 21.7 | 16.0 | 9.2% |
| Belgium | 0.7 | 0.6 | 1.1 | 0.7 | 0.0% |
| Others | 5.0 | 3.6 | 3.4 | 8.7 | 20.3% |
| Total | 18.1 | 16.0 | 26.3 | 25.4 | 12.0% |
Top Export Markets for Ready-Mixed Concrete and Factory Made Mortar from the UK in 2022:
- Ireland (189.7K tons)
- Belgium (3.1K tons)
This report provides an in-depth analysis of the market for ready-mixed concrete and factory made mortar in the UK. 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 23631000 - Ready-mixed concrete
- Prodcom 23641000 - Factory made mortars
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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.
-
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
-
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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