Australia and Oceania: Market for Gravel and Crushed Stone 2024

Market Size for Gravel and Crushed Stone in Australia and Oceania

The gravel and crushed stone market in Australia and Oceania dropped to $X in 2022, approximately mirroring the previous year. Overall, consumption recorded a perceptible decline. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Production of Gravel and Crushed Stone in Australia and Oceania

In value terms, gravel and crushed stone production dropped modestly to $X in 2022 estimated in export price. Overall, production saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Gravel and Crushed Stone

Exports in Australia and Oceania

In 2022, shipments abroad of gravel and crushed stone increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when exports increased by X%. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, gravel and crushed stone exports skyrocketed to $X in 2022. Total exports indicated notable 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 2018 indices. The growth pace was the most rapid in 2014 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

New Zealand represented the main exporting country with an export of around X tons, which recorded X% of total exports. It was distantly followed by Fiji (X tons), generating a X% share of total exports. Australia (X tons) followed a long way behind the leaders.

New Zealand was also the fastest-growing in terms of the gravel and crushed stone exports, with a CAGR of X% from 2012 to 2022. Fiji experienced a relatively flat trend pattern. Australia (X%) illustrated a downward trend over the same period. New Zealand (X p.p.) and Fiji (X p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, New Zealand ($X) remains the largest gravel and crushed stone supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by Fiji ($X), with an X% share of total exports.

In New Zealand, gravel and crushed stone exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Fiji (X% per year) and Australia (X% per year).

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, shrinking by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per ton), while Fiji ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%).

Imports of Gravel and Crushed Stone

Imports in Australia and Oceania

In 2022, approx. X tons of gravel and crushed stone were imported in Australia and Oceania; which is down by X% on 2021. In general, imports recorded a slight setback. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, gravel and crushed stone imports reduced slightly to $X in 2022. Overall, imports, however, saw a modest expansion. The pace of growth was the most pronounced in 2017 when imports increased by X%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Australia (X tons) and Guam (X tons) prevails in imports structure, together achieving X% of total imports. Tuvalu (X tons) held the next position in the ranking, followed by New Zealand (X tons). All these countries together took approx. X% share of total imports. Kiribati (X tons) held a minor share of total imports.

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

In value terms, Australia ($X) constitutes the largest market for imported gravel and crushed stone in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with an X% share of total imports. It was followed by Guam, with an X% share.

In Australia, gravel and crushed stone imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and Guam (X% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, increasing by X% against the previous year. Import price indicated a perceptible 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 2017 indices. The growth pace was the most rapid in 2019 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was New Zealand ($X per ton), while Guam ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :