Algeria: Market for Gravel and Crushed Stone 2024

Market Size for Gravel and Crushed Stone in Algeria

The Algerian gravel and crushed stone market declined modestly to $X in 2022, which is down by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Gravel and Crushed Stone in Algeria

In value terms, gravel and crushed stone production shrank modestly to $X in 2022 estimated in export price. Overall, the total production indicated strong growth from 2012 to 2022: its value 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, production increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Exports of Gravel and Crushed Stone

Exports from Algeria

Gravel and crushed stone exports from Algeria shrank to X tons in 2022, waning by X% against the year before. Over the period under review, exports recorded a sharp slump. The growth pace was the most rapid in 2021 when exports increased by X%. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, gravel and crushed stone exports shrank significantly to $X in 2022. Overall, exports saw a drastic downturn. The growth pace was the most rapid in 2013 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

France (X tons), Italy (X tons) and Spain (X kg) were the main destinations of gravel and crushed stone exports from Algeria, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, Italy ($X), Ireland ($X) and Spain ($X) appeared to be the largest markets for gravel and crushed stone exported from Algeria worldwide, with a combined X% share of total exports.

Italy, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average gravel and crushed stone export price amounted to $X per ton, waning by X% against the previous year. In general, the export price, however, continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($X per ton), while the average price for exports to France ($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 Portugal (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Gravel and Crushed Stone

Imports into Algeria

In 2022, supplies from abroad of gravel and crushed stone was finally on the rise to reach X tons after two years of decline. Over the period under review, imports, however, recorded a perceptible decrease. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, gravel and crushed stone imports surged to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Greece (X tons) constituted the largest supplier of gravel and crushed stone to Algeria, with a X% share of total imports. Moreover, gravel and crushed stone imports from Greece exceeded the figures recorded by the second-largest supplier, Turkey (X tons), twofold. Spain (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Greece stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Spain (X% per year).

In value terms, Greece ($X) constituted the largest supplier of gravel and crushed stone to Algeria, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Greece was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average gravel and crushed stone import price amounted to $X per ton, with an increase of X% against the previous year. In general, import price indicated a tangible increase 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 increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

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 China ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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