United Kingdom: Market for Gravel and Crushed Stone 2024

Market Size for Gravel and Crushed Stone in the UK

The UK gravel and crushed stone market declined significantly to $X in 2022, which is down by X% against the previous year. In general, consumption saw a deep reduction. Gravel and crushed stone consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Gravel and Crushed Stone in the UK

In value terms, gravel and crushed stone production contracted to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Gravel and Crushed Stone

Exports from the UK

Gravel and crushed stone exports from the UK skyrocketed to X tons in 2022, growing by X% compared with the previous year's figure. In general, exports, however, saw a slight descent. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, gravel and crushed stone exports expanded significantly to $X in 2022. Over the period under review, exports, however, continue to indicate a perceptible setback. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons), Germany (X tons) and Belgium (X tons) were the main destinations of gravel and crushed stone exports from the UK, with a combined X% share of total exports. India, Ireland, Denmark, Italy, France and Poland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and Belgium ($X) were the largest markets for gravel and crushed stone exported from the UK worldwide, together accounting for X% of total exports. Ireland, France, India, Poland, Italy and Denmark lagged somewhat behind, together accounting for a further X%.

Italy, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average gravel and crushed stone export price amounted to $X per ton, reducing by X% against the previous year. Overall, the export price recorded a slight decrease. The pace of growth appeared the most rapid in 2021 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then shrank significantly in the following year.

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 the Netherlands ($X per ton), while the average price for exports to Denmark ($X 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 Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Gravel and Crushed Stone

Imports into the UK

In 2022, the amount of gravel and crushed stone imported into the UK shrank dramatically to X tons, with a decrease of X% against the year before. Overall, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, gravel and crushed stone imports fell sharply to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then dropped markedly in the following year.

Imports by Country

Norway (X tons), Denmark (X tons) and France (X tons) were the main suppliers of gravel and crushed stone imports to the UK, together comprising X% of total imports. The Netherlands, Ireland, Spain, Belgium and Germany lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest gravel and crushed stone suppliers to the UK were Norway ($X), France ($X) and Ireland ($X), with a combined X% share of total imports. The Netherlands, Denmark, Spain, Belgium and Germany lagged somewhat behind, together accounting for a further X%.

Belgium, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average gravel and crushed stone import price stood at $X per ton in 2022, standing approx. at the previous year. Overall, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, gravel and crushed stone import price decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, import prices stood 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 Germany ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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