Asia: Market for Gravel, Pebbles And Crushed Stone for Concrete and Road Aggregates 2024

Market Size for Gravel, Pebbles And Crushed Stone for Concrete and Road Aggregates in Asia

The Asian market for gravel, pebbles and crushed stone for concrete and road aggregates contracted to $X in 2022, which is down by X% against the previous year. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Gravel, Pebbles And Crushed Stone for Concrete and Road Aggregates in Asia

In value terms, production of gravel, pebbles and crushed stone for concrete and road aggregates contracted to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Over the period under review, production of reached the peak level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Gravel, Pebbles And Crushed Stone for Concrete and Road Aggregates

Exports in Asia

In 2022, the amount of gravel, pebbles and crushed stone for concrete and road aggregates exported in Asia shrank to X tons, dropping by X% against the previous year's figure. Total exports indicated a prominent increase from 2012 to 2022: its volume 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, exports increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports of attained the peak figure at X tons in 2021, and then reduced in the following year.

In value terms, exports of gravel, pebbles and crushed stone for concrete and road aggregates declined to $X in 2022. Total exports indicated buoyant 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, exports increased by X% against 2017 indices. The pace of growth was the most pronounced in 2013 when exports increased by X%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from Indonesia (X tons), Oman (X tons) and the United Arab Emirates (X tons), together recording X% of total export. China (X tons) took the next position in the ranking, followed by India (X tons). All these countries together held approx. X% share of total exports.

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

In value terms, the United Arab Emirates ($X), Oman ($X) and China ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

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

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, rising by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Gravel, Pebbles And Crushed Stone for Concrete and Road Aggregates

Imports in Asia

In 2022, overseas purchases of gravel, pebbles and crushed stone for concrete and road aggregates increased by X% to X tons, rising for the second year in a row after two years of decline. Total imports indicated a prominent increase from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of gravel, pebbles and crushed stone for concrete and road aggregates skyrocketed to $X in 2022. Total imports indicated buoyant 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Kuwait represented the major importing country with an import of about X tons, which finished at X% of total imports. Singapore (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Qatar (X%), Bangladesh (X%) and Hong Kong SAR (X%). Bahrain (X tons) and Macao SAR (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to gravel, pebbles and crushed stone for concrete and road aggregates imports into Kuwait stood at X%. At the same time, Macao SAR (X%), Bangladesh (X%) and Singapore (X%) displayed positive paces of growth. Moreover, Macao SAR emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. Hong Kong SAR experienced a relatively flat trend pattern. By contrast, Bahrain (X%) and Qatar (X%) illustrated a downward trend over the same period. While the share of Kuwait (X p.p.), Bangladesh (X p.p.) and Macao SAR (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Bahrain (X p.p.), Singapore (X p.p.), Hong Kong SAR (X p.p.) and Qatar (X p.p.) displayed negative dynamics.

In value terms, Kuwait ($X) constitutes the largest market for imported gravel, pebbles and crushed stone for concrete and road aggregates in Asia, comprising X% of total imports. The second position in the ranking was taken by Singapore ($X), with a X% share of total imports. It was followed by Qatar, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Kuwait amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Singapore (X% per year) and Qatar (X% per year).

Import Prices by Country

In 2022, the import price in Asia amounted to $X per ton, growing by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while Macao SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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