Report Update Apr 1, 2024

Hong Kong SAR, China - Gravel and Crushed Stone - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Market for Gravel and Crushed Stone 2024

Market Size for Gravel and Crushed Stone in Hong Kong SAR, China

In 2022, the Hong Kong gravel and crushed stone market decreased by X% to $X, falling for the second consecutive year after three years of growth. Overall, consumption showed a sharp reduction. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Exports of Gravel and Crushed Stone

Exports from Hong Kong SAR, China

In 2022, overseas shipments of gravel and crushed stone decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, exports saw a dramatic shrinkage. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, gravel and crushed stone exports contracted dramatically to $X in 2022. Overall, exports showed a dramatic setback. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X tons) was the main destination for gravel and crushed stone exports from Hong Kong SAR, accounting for a X% share of total exports. It was followed by China (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Singapore totaled X%.

In value terms, Singapore ($X) emerged as the key foreign market for gravel and crushed stone exports from Hong Kong SAR, comprising X% of total exports. The second position in the ranking was taken by China ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Singapore stood at X%.

Export Prices by Country

The average gravel and crushed stone export price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (X%).

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Imports of Gravel and Crushed Stone

Imports into Hong Kong SAR, China

In 2022, overseas purchases of gravel and crushed stone decreased by X% to X tons, falling for the second year in a row after four years of growth. Over the period under review, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, gravel and crushed stone imports shrank rapidly to $X in 2022. Overall, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) was the main supplier of gravel and crushed stone to Hong Kong SAR, accounting for a X% share of total imports. It was followed by Taiwan (Chinese) (X tons), with less than X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%.

In value terms, China ($X) constituted the largest supplier of gravel and crushed stone to Hong Kong SAR, comprising X% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with less than X% share of total imports.

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

Import Prices by Country

The average gravel and crushed stone import price stood at $X per ton in 2022, standing approx. at the previous year. Overall, the import price recorded a pronounced downturn. The pace of growth appeared the most rapid in 2021 an increase of X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for China stood at $X per ton.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for gravel and crushed stone in the world?

China constituted the country with the largest volume of gravel and crushed stone consumption, accounting for 43% of total volume. Moreover, gravel and crushed stone consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with an 8.5% share.

What are the largest producers of gravel and crushed stone in the world?

The country with the largest volume of gravel and crushed stone production was China, comprising approx. 42% of total volume. Moreover, gravel and crushed stone production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with an 8.4% share.

What are the leading suppliers of gravel and crushed stone to Hong Kong SAR, China?

In value terms, China constituted the largest supplier of gravel and crushed stone to Hong Kong SAR, comprising 99.9% of total imports. The second position in the ranking was taken by Taiwan Chinese), with less than 0.1% share of total imports.

What are the leading importers of gravel and crushed stone from Hong Kong SAR, China?

In value terms, Singapore emerged as the key foreign market for gravel and crushed stone exports from Hong Kong SAR, comprising 100% of total exports. The second position in the ranking was taken by China $138), with a 0.4% share of total exports.

What is the average export price for gravel and crushed stone in Hong Kong SAR, China?

In 2022, the average gravel and crushed stone export price amounted to $21 per ton, with an increase of 9.6% against the previous year.

What is the average import price for gravel and crushed stone in Hong Kong SAR, China?

The average gravel and crushed stone import price stood at $185 per ton in 2022, remaining stable against the previous year.

This report provides an in-depth analysis of the market for gravel and crushed stone in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 08121210 - Gravel and pebbles of a kind used for concrete aggregates, f or road metalling or for railway or other ballast, shingle and flint
Prodcom 08121230 - Crushed stone of a kind used for concrete aggregates, for road metalling or for railway or other ballast (excluding gravel, p ebbles, shingle and flint)
Prodcom 08121250 - Granules, chippings and powder of marble
Prodcom 08121290 - Granules, chippings and powder of travertine, ecaussine, granite, porphyry, basalt, sandstone and other monumental stone
Prodcom 08121300 - Mixtures of slag and similar industrial waste products, w hether or not incorporating pebbles, gravel, shingle and flint for construction use

Country coverage:

Hong Kong SAR

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hong Kong SAR, China
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023