Algeria: Market for Gravel And Crushed Stone 2024

Market Size for Gravel And Crushed Stone in Algeria

In 2021, the Algerian gravel and crushed stone market decreased by -3.9% to $X for the first time since 2016, thus ending a four-year rising trend. In general, the total consumption indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +48.7% against 2016 indices. Over the period under review, the market attained the maximum level at $X in 2020, and then reduced slightly in the following year.

Production of Gravel And Crushed Stone in Algeria

In value terms, gravel and crushed stone production dropped to $X in 2021 estimated in export price. Over the period under review, production enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2019 when the production volume increased by 38%. Gravel and crushed stone production peaked at $X in 2020, and then declined in the following year.

Exports of Gravel And Crushed Stone

Exports from Algeria

In 2021, after two years of decline, there was significant growth in shipments abroad of gravel and crushed stone, when their volume increased by 129% to X tons. Over the period under review, exports, however, recorded a dramatic decrease. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, gravel and crushed stone exports skyrocketed to $X in 2021. Overall, exports, however, recorded a abrupt decrease. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

France (X tons) was the main destination for gravel and crushed stone exports from Algeria, with a 52% share of total exports. Moreover, gravel and crushed stone exports to France exceeded the volume sent to the second major destination, Italy (X tons), twofold. Canada (X kg) ranked third in terms of total exports with a 2.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France totaled -36.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-23.3% per year) and Canada (-41.3% per year).

In value terms, Italy ($X), France ($X) and Ireland ($X) appeared to be the largest markets for gravel and crushed stone exported from Algeria worldwide, with a combined 65% share of total exports.

In terms of the main countries of destination, Italy, with a CAGR of -0.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average gravel and crushed stone export price amounted to $X per ton, which is down by -14.1% against the previous year. In general, the export price, however, recorded a significant increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 476%. Over the period under review, the average export prices hit record highs at $X per ton in 2020, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+60.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Gravel And Crushed Stone

Imports into Algeria

In 2021, gravel and crushed stone imports into Algeria reduced notably to X tons, declining by -48.6% on the previous year's figure. Over the period under review, imports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2020 with an increase of 50%. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, gravel and crushed stone imports rose sharply to $X in 2021. In general, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Turkey (X tons) constituted the largest gravel and crushed stone supplier to Algeria, accounting for a 48% share of total imports. Moreover, gravel and crushed stone imports from Turkey exceeded the figures recorded by the second-largest supplier, Greece (X tons), twofold. Spain (X tons) ranked third in terms of total imports with a 5.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (-21.2% per year) and Spain (-18.7% per year).

In value terms, Turkey ($X), Greece ($X) and Spain ($X) constituted the largest gravel and crushed stone suppliers to Algeria, together accounting for 62% of total imports.

Among the main suppliers, Turkey, with a CAGR of +6.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average gravel and crushed stone import price stood at $X per ton in 2021, rising by 122% against the previous year. Overall, import price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +7.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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