SADC: Market for Gravel and Crushed Stone 2024

Market Size for Gravel and Crushed Stone in SADC

The SADC gravel and crushed stone market declined modestly to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption continues to indicate a noticeable downturn. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Gravel and Crushed Stone in SADC

In value terms, gravel and crushed stone production contracted to $X in 2022 estimated in export price. In general, production recorded a pronounced slump. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Exports of Gravel and Crushed Stone

Exports in SADC

In 2022, approx. X tons of gravel and crushed stone were exported in SADC; falling by X% against 2021. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, gravel and crushed stone exports dropped to $X in 2022. Overall, exports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Zambia represented the largest exporter of gravel and crushed stone in SADC, with the volume of exports reaching X tons, which was approx. X% of total exports in 2022. Namibia (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by South Africa (X%), Lesotho (X%) and Seychelles (X%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Seychelles (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Namibia ($X), South Africa ($X) and Zambia ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Seychelles and Lesotho lagged somewhat behind, together comprising a further X%.

Seychelles, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2014 an increase of X%. The level of export 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 origin: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Lesotho ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (X%), while the other leaders experienced a decline in the export price figures.

Imports of Gravel and Crushed Stone

Imports in SADC

In 2022, the amount of gravel and crushed stone imported in SADC shrank notably to X tons, reducing by X% against 2021. Overall, imports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, gravel and crushed stone imports dropped sharply to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

South Africa (X tons), Mauritius (X tons) and Namibia (X tons) represented roughly X% of total imports in 2022. It was distantly followed by Angola (X tons) and Botswana (X tons), together generating a X% share of total imports. Mozambique (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Mauritius (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest gravel and crushed stone importing markets in SADC were Mauritius ($X), Angola ($X) and South Africa ($X), together accounting for X% of total imports.

Mauritius, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, rising by X% against the previous year. In general, the import price posted a notable increase. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

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 Angola ($X per ton), while Namibia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Angola (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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