EU: Market for Ready-Mixed Concrete And Factory Made Mortars 2024

Market Size for Ready-Mixed Concrete And Factory Made Mortars in the EU

The EU market for ready-mixed concrete and factory made mortars expanded modestly to $X in 2023, surging by X% against the previous year. Over the period under review, consumption showed a prominent expansion. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market remained at a somewhat lower figure.

Production of Ready-Mixed Concrete And Factory Made Mortars in the EU

In value terms, production of ready-mixed concrete and factory made mortars rose remarkably to $X in 2023 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

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Exports of Ready-Mixed Concrete And Factory Made Mortars

Exports in the EU

In 2023, shipments abroad of ready-mixed concrete and factory made mortars decreased by X% to X tons, falling for the second year in a row after seven years of growth. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports of hit record highs at X tons in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of ready-mixed concrete and factory made mortars expanded remarkably to $X in 2023. Total exports indicated a notable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2015 indices. The growth pace was the most rapid in 2021 when exports increased by X%. The level of export peaked in 2023 and is likely to see steady growth in years to come.

Exports by Country

In 2023, Germany (X tons), distantly followed by Italy (X tons), Belgium (X tons), Spain (X tons), France (X tons) and Poland (X tons) represented the major exporters of ready-mixed concrete and factory made mortars, together creating X% of total exports. Austria (X tons), Greece (X tons), the Czech Republic (X tons), the Netherlands (X tons), Ireland (X tons) and Hungary (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Poland (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Spain ($X) constituted the countries with the highest levels of exports in 2023, together accounting for X% of total exports. Poland, Belgium, France, Greece, the Netherlands, Austria, the Czech Republic, Hungary and Ireland lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Greece, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2023, increasing by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced more modest paces of growth.

Imports of Ready-Mixed Concrete And Factory Made Mortars

Imports in the EU

In 2023, supplies from abroad of ready-mixed concrete and factory made mortars decreased by X% to X tons, falling for the second consecutive year after five years of growth. In general, imports saw a slight curtailment. The growth pace was the most rapid in 2017 with an increase of X%. The volume of import peaked at X tons in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, imports of ready-mixed concrete and factory made mortars reached $X in 2023. Total imports indicated a noticeable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2016 indices. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports of reached the peak figure in 2023 and are expected to retain growth in years to come.

Imports by Country

In 2023, Luxembourg (X tons), Austria (X tons), France (X tons) and Germany (X tons) was the key importer of ready-mixed concrete and factory made mortars in the European Union, making up X% of total import. Ireland (X tons) took the next position in the ranking, followed by Slovakia (X tons), the Netherlands (X tons), Belgium (X tons) and the Czech Republic (X tons). All these countries together took near X% share of total imports. Croatia (X tons), Romania (X tons), Denmark (X tons) and Portugal (X tons) took a relatively small share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Croatia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the Netherlands ($X) and Austria ($X) appeared to be the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Belgium, Germany, Luxembourg, Ireland, the Czech Republic, Slovakia, Romania, Portugal, Croatia and Denmark lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Ireland, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in the European Union amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. As a result, import price reached the peak level 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 the Netherlands ($X per ton), while Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ireland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform