Belarus: Market for Gravel and Crushed Stone 2024

Market Size for Gravel and Crushed Stone in Belarus

In 2022, the Belarusian gravel and crushed stone market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, continues to indicate a noticeable setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Gravel and Crushed Stone in Belarus

In value terms, gravel and crushed stone production reduced to $X in 2022 estimated in export price. In general, production continues to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2021 with an increase of X%. Gravel and crushed stone production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Gravel and Crushed Stone

Exports from Belarus

In 2022, gravel and crushed stone exports from Belarus contracted significantly to X tons, reducing by X% against the previous year's figure. Over the period under review, exports showed a abrupt downturn. The growth pace was the most rapid in 2016 with an increase of X%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, gravel and crushed stone exports contracted markedly to $X in 2022. Overall, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Russia (X tons) was the main destination for gravel and crushed stone exports from Belarus, with a X% share of total exports. Moreover, gravel and crushed stone exports to Russia exceeded the volume sent to the second major destination, Lithuania (X tons), fourfold. The third position in this ranking was held by Ukraine (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Russia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (X% per year) and Ukraine (X% per year).

In value terms, Russia ($X) remains the key foreign market for gravel and crushed stone exports from Belarus, comprising X% of total exports. The second position in the ranking was taken by Ukraine ($X), with an X% share of total exports. It was followed by Lithuania, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (X% per year) and Lithuania (X% per year).

Export Prices by Country

In 2022, the average gravel and crushed stone export price amounted to $X per ton, with an increase of X% against the previous year. In general, the export price, however, continues to indicate a pronounced descent. The pace of growth appeared the most rapid in 2021 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Russia ($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 Poland (X%), while the prices for the other major destinations experienced a decline.

Imports of Gravel and Crushed Stone

Imports into Belarus

In 2022, supplies from abroad of gravel and crushed stone increased by X% to X tons for the first time since 2017, thus ending a four-year declining trend. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X%. 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 stood at $X in 2022. Over the period under review, imports, however, recorded a noticeable decline. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Ukraine (X tons) was the main gravel and crushed stone supplier to Belarus, accounting for a X% share of total imports. Moreover, gravel and crushed stone imports from Ukraine exceeded the figures recorded by the second-largest supplier, Russia (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Ukraine was relatively modest.

In value terms, the largest gravel and crushed stone suppliers to Belarus were Russia ($X) and Ukraine ($X).

In terms of the main suppliers, Russia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2022, the average gravel and crushed stone import price amounted to $X per ton, waning by X% against the previous year. Overall, the import price saw a noticeable setback. The pace of growth was the most pronounced in 2020 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2021, and then dropped notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($X per ton), while the price for Ukraine amounted to $X per ton.

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

Source: IndexBox Platform

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