SADC: Market for Gravel, Pebbles And Crushed Stone for Concrete and Road Aggregates 2024

Market Size for Gravel, Pebbles And Crushed Stone for Concrete and Road Aggregates in SADC

The SADC market for gravel, pebbles and crushed stone for concrete and road aggregates dropped sharply to $X in 2022, declining by X% against the previous year. In general, consumption, however, recorded temperate growth. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Production of Gravel, Pebbles And Crushed Stone for Concrete and Road Aggregates in SADC

In value terms, production of gravel, pebbles and crushed stone for concrete and road aggregates fell to $X in 2022 estimated in export price. The total production indicated modest growth 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, production increased by X% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Gravel, Pebbles And Crushed Stone for Concrete and Road Aggregates

Exports in SADC

In 2022, after three years of decline, there was significant growth in overseas shipments of gravel, pebbles and crushed stone for concrete and road aggregates, when their volume increased by X% to X tons. In general, exports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of gravel, pebbles and crushed stone for concrete and road aggregates dropped to $X in 2022. Over the period under review, exports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Zambia (X tons) was the major exporter of gravel, pebbles and crushed stone for concrete and road aggregates, constituting X% of total exports. Lesotho (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by South Africa (X%).

Zambia was also the fastest-growing in terms of the gravel, pebbles and crushed stone for concrete and road aggregates exports, with a CAGR of X% from 2012 to 2022. Lesotho (X%) and South Africa (X%) illustrated a downward trend over the same period. Zambia (X p.p.) and Lesotho (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest gravel, pebbles and crushed stone for concrete and road aggregates supplying countries in SADC were South Africa ($X), Zambia ($X) and Lesotho ($X), together comprising X% of total exports.

Among the main exporting countries, Zambia, 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 mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, waning by X% against the previous year. Over the period under review, the export price continues to indicate a perceptible slump. The pace of growth was the most pronounced in 2016 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2021, and then dropped markedly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, 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 Zambia (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Gravel, Pebbles And Crushed Stone for Concrete and Road Aggregates

Imports in SADC

In 2022, purchases abroad of gravel, pebbles and crushed stone for concrete and road aggregates decreased by X% to X tons, falling for the fourth consecutive year after two years of growth. Over the period under review, imports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2015 with an increase of X%. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, imports of gravel, pebbles and crushed stone for concrete and road aggregates stood at $X in 2022. Overall, imports recorded a deep slump. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports of reached the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Namibia (X tons) and South Africa (X tons) prevails in aggregates structure, together generating X% of total imports. It was distantly followed by Lesotho (X tons), achieving a X% share of total imports. Mozambique (X tons) took a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Mozambique (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, South Africa ($X) constitutes the largest market for imported gravel, pebbles and crushed stone for concrete and road aggregates in SADC, comprising X% of total imports. The second position in the ranking was taken by Namibia ($X), with a X% share of total imports. It was followed by Mozambique, with a X% share.

In South Africa, imports of gravel, pebbles and crushed stone for concrete and road aggregates plunged by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Namibia (X% per year) and Mozambique (X% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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