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 was estimated at $X in 2023, approximately equating the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the global market reached the peak level at $X in 2018; however, from 2019 to 2023, consumption stood at a somewhat lower figure.

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 expanded slightly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Global production peaked at $X in 2018; however, from 2019 to 2023, production remained at a lower figure.

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

Exports

In 2023, approx. X tons of gravel, pebbles and crushed stone for concrete and road aggregates were exported worldwide; increasing by X% on the previous year. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the global exports of attained the maximum at X tons in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of gravel, pebbles and crushed stone for concrete and road aggregates totaled $X in 2023. The total export value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2013 when exports increased by X%. The global exports peaked at $X in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

In 2023, Norway (X tons), followed by the United Arab Emirates (X tons), Oman (X tons), China (X tons), Canada (X tons), France (X tons) and Belgium (X tons) represented the key exporters of gravel, pebbles and crushed stone for concrete and road aggregates, together creating X% of total exports. Germany (X tons), India (X tons), Belarus (X tons), Indonesia (X tons), the UK (X tons) and Malaysia (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by India (with a CAGR of X%), while 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), with a combined X% share of global exports.

Oman, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average export price for gravel, pebbles and crushed stone for concrete and road aggregates amounted to $X per ton, which is down by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2023, 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 2023, the amount of gravel, pebbles and crushed stone for concrete and road aggregates imported worldwide expanded rapidly to X tons, growing by X% on 2022 figures. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Global imports peaked at X tons in 2018; however, from 2019 to 2023, imports failed to regain momentum.

In value terms, imports of gravel, pebbles and crushed stone for concrete and road aggregates expanded notably to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, global imports of hit record highs at $X in 2014; however, from 2015 to 2023, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of imports of gravel, pebbles and crushed stone for concrete and road aggregates in 2023 were Singapore (X tons), Russia (X tons), Kuwait (X tons), the United States (X tons), Qatar (X tons), Bangladesh (X tons), Hong Kong SAR (X tons), the Netherlands (X tons), France (X tons), Denmark (X tons), Belgium (X tons) and the Czech Republic (X tons), together amounting to X% of total import. Bahrain (X tons) held a little share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Bangladesh (with a CAGR of X%), while imports 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 importing markets worldwide were the Netherlands ($X), Qatar ($X) and Kuwait ($X), together accounting for X% of global imports. The United States, Singapore, Bangladesh, Hong Kong SAR, France, Denmark, Belgium, Russia, Bahrain and the Czech Republic lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Bangladesh, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for gravel, pebbles and crushed stone for concrete and road aggregates stood at $X per ton in 2023, falling by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of X%. Global import price peaked at $X per ton in 2021; however, from 2022 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Bahrain ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kuwait (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform