Overview of the Global Market for Gravel, Pebbles And Crushed Stone for Concrete and Road Aggregates

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

The global market for gravel, pebbles and crushed stone for concrete and road aggregates fell to $X in 2022, almost unchanged from the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Global consumption peaked at $X.7B in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

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

In value terms, production of gravel, pebbles and crushed stone for concrete and road aggregates contracted to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Global production peaked at $X.6B in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

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

Exports

In 2022, approx. X tons of gravel, pebbles and crushed stone for concrete and road aggregates were exported worldwide; which is down by X% compared with 2021. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, the global exports of attained the maximum at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of gravel, pebbles and crushed stone for concrete and road aggregates declined to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The global exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Norway (X tons), Indonesia (X tons), Oman (X tons) and the United Arab Emirates (X tons) was the main exporter of gravel, pebbles and crushed stone for concrete and road aggregates in the world, generating X% of total export. It was distantly followed by China (X tons), committing a X% share of total exports. Belgium (X tons), India (X tons), France (X tons), Canada (X tons), Germany (X tons), Belarus (X tons) and the UK (X tons) followed a long way behind the leaders.

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

In value terms, the largest gravel, pebbles and crushed stone for concrete and road aggregates supplying countries worldwide were the United Arab Emirates ($X), Norway ($X) and Oman ($X), together accounting for X% of global exports.

Among the main exporting countries, the United Arab Emirates, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for gravel, pebbles and crushed stone for concrete and road aggregates stood at $X per ton in 2022, approximately mirroring the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other global leaders experienced more modest paces of growth.

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

Imports

In 2022, purchases abroad of gravel, pebbles and crushed stone for concrete and road aggregates increased by X% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2013 with an increase of X%. Global imports peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, imports of gravel, pebbles and crushed stone for concrete and road aggregates rose sharply to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, global imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Kuwait (X tons), distantly followed by Singapore (X tons), Qatar (X tons), the United States (X tons), Bangladesh (X tons), the Netherlands (X tons) and Hong Kong SAR (X tons) were the key importers of gravel, pebbles and crushed stone for concrete and road aggregates, together achieving X% of total imports. The following importers - France (X tons), Denmark (X tons), Croatia (X tons), Bahrain (X tons), Belgium (X tons) and the Czech Republic (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to gravel, pebbles and crushed stone for concrete and road aggregates imports into Kuwait stood at X%. At the same time, Bangladesh (X%), the Czech Republic (X%), Croatia (X%), Denmark (X%) and Singapore (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. France, Hong Kong SAR and the United States experienced a relatively flat trend pattern. By contrast, Bahrain (X%), Belgium (X%), the Netherlands (X%) and Qatar (X%) illustrated a downward trend over the same period. Kuwait (X p.p.), Bangladesh (X p.p.), Croatia (X p.p.) and the Czech Republic (X p.p.) significantly strengthened its position in terms of the global imports, while Hong Kong SAR, the United States, the Netherlands and Qatar saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kuwait ($X) constitutes the largest market for imported gravel, pebbles and crushed stone for concrete and road aggregates worldwide, comprising X% of global imports. The second position in the ranking was taken by the Netherlands ($X), with an X% share of global imports. It was followed by Singapore, with an X% share.

From 2012 to 2022, the average annual growth rate of value in Kuwait amounted to X%. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and Singapore (X% per year).

Import Prices by Country

In 2022, the average import price for gravel, pebbles and crushed stone for concrete and road aggregates amounted to $X per ton, dropping by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. Global import price peaked at $X per ton in 2012; however, from 2013 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 the Netherlands ($X per ton), while Croatia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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