Portugal: Market for Gravel and Crushed Stone 2024

Market Size for Gravel and Crushed Stone in Portugal

The Portuguese gravel and crushed stone market stood at $X in 2022, flattening at the previous year. In general, consumption continues to indicate a abrupt contraction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Gravel and Crushed Stone in Portugal

In value terms, gravel and crushed stone production reached $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt setback. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Gravel and crushed stone production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Gravel and Crushed Stone

Exports from Portugal

In 2022, overseas shipments of gravel and crushed stone increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, exports posted pronounced growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, gravel and crushed stone exports rose rapidly to $X in 2022. Over the period under review, total exports indicated a buoyant increase 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 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Spain (X tons), France (X tons) and the UK (X tons) were the main destinations of gravel and crushed stone exports from Portugal, with a combined X% share of total exports. Germany, Estonia and the Netherlands lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), France ($X) and the UK ($X) constituted the largest markets for gravel and crushed stone exported from Portugal worldwide, with a combined X% share of total exports. Germany, the Netherlands and Estonia lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Germany, with a CAGR of X%, saw 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 average gravel and crushed stone export price stood at $X per ton in 2022, which is down by X% against the previous year. In general, the export price, however, continues to indicate strong growth. The growth pace was the most rapid in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2021, and then declined in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Estonia ($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 Spain (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Gravel and Crushed Stone

Imports into Portugal

In 2022, the amount of gravel and crushed stone imported into Portugal fell to X tons, waning by X% against the previous year. In general, imports, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X tons, and then reduced slightly in the following year.

In value terms, gravel and crushed stone imports totaled $X in 2022. Overall, imports, however, recorded buoyant growth. The growth pace was the most rapid in 2021 with an increase of X%. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, Spain (X tons) was the main supplier of gravel and crushed stone to Portugal, accounting for a X% share of total imports. It was followed by Germany (X tons), with a X% share of total imports.

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

In value terms, Spain ($X) constituted the largest supplier of gravel and crushed stone to Portugal, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports.

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

Import Prices by Country

The average gravel and crushed stone import price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, import price indicated a slight expansion 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 decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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