Central Asia: Market for Gravel and Crushed Stone 2024

Market Size for Gravel and Crushed Stone in Central Asia

The Central Asian gravel and crushed stone market shrank to $X in 2022, waning by X% against the previous year. In general, consumption recorded a mild curtailment. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Gravel and Crushed Stone in Central Asia

In value terms, gravel and crushed stone production shrank to $X in 2022 estimated in export price. Overall, production saw a perceptible decline. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

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 Central Asia

In 2022, shipments abroad of gravel and crushed stone increased by X% to X tons, rising for the second year in a row after two years of decline. In general, exports enjoyed resilient growth. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, gravel and crushed stone exports surged to $X in 2022. Overall, exports saw a buoyant increase. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

In 2022, Uzbekistan (X tons) and Kazakhstan (X tons) represented the major exporter of gravel and crushed stone in Central Asia, making up X% of total export.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of X%).

In value terms, the largest gravel and crushed stone supplying countries in Central Asia were Uzbekistan ($X) and Kazakhstan ($X).

Among the main exporting countries, Uzbekistan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per ton, growing by X% against the previous year. In general, the export price, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Uzbekistan stood at $X per ton.

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

Imports of Gravel and Crushed Stone

Imports in Central Asia

In 2022, supplies from abroad of gravel and crushed stone was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, imports posted a strong increase. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, gravel and crushed stone imports surged to $X in 2022. Total imports indicated a prominent expansion 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 2016 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

Kyrgyzstan represented the major importing country with an import of about X tons, which resulted at X% of total imports. It was distantly followed by Kazakhstan (X tons), generating a X% share of total imports.

Kyrgyzstan was also the fastest-growing in terms of the gravel and crushed stone imports, with a CAGR of X% from 2012 to 2022. At the same time, Kazakhstan (X%) displayed positive paces of growth. While the share of Kyrgyzstan (X p.p.) and Kazakhstan (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported gravel and crushed stone in Central Asia, comprising X% of total imports. The second position in the ranking was held by Kyrgyzstan ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Kazakhstan totaled X%.

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, falling by X% against the previous year. Over the period under review, the import price, however, continues to indicate slight growth. The growth pace was the most rapid in 2016 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the import prices remained at a lower figure.

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 Kazakhstan ($X per ton), while Kyrgyzstan amounted to $X per ton.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :