Angola: 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 Angola

After two years of decline, the Angolan market for gravel, pebbles and crushed stone for concrete and road aggregates increased by 18% to $X in 2021. Overall, consumption saw notable growth. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

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

In value terms, production of gravel, pebbles and crushed stone for concrete and road aggregates soared to $X in 2021 estimated in export price. Overall, production saw a modest increase. The growth pace was the most rapid in 2014 when the production volume increased by 68% against the previous year. Production of peaked at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

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

Exports from Angola

After two years of decline, overseas shipments of gravel, pebbles and crushed stone for concrete and road aggregates increased by 742% to X tons in 2021. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by 817%. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports of remained at a lower figure.

In value terms, exports of gravel, pebbles and crushed stone for concrete and road aggregates surged to $X in 2021. Overall, exports enjoyed moderate growth. The growth pace was the most rapid in 2018 with an increase of 545%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Belgium (X tons) was the main destination for exports of gravel, pebbles and crushed stone for concrete and road aggregates from Angola, accounting for a 72% share of total exports. Moreover, exports of gravel, pebbles and crushed stone for concrete and road aggregates to Belgium exceeded the volume sent to the second major destination, Portugal (X tons), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Belgium was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+11.2% per year) and Argentina (+1.2% per year).

In value terms, Argentina ($X) remains the key foreign market for gravel, pebbles and crushed stone for concrete and road aggregates exports from Angola, comprising 57% of total exports. The second position in the ranking was taken by Portugal ($X), with a 25% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Argentina totaled -2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+13.3% per year) and Belgium (0.0% per year).

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 2021, which is down by -65.5% against the previous year. Overall, the export price showed a deep slump. The growth pace was the most rapid in 2020 an increase of 130%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($X per ton), while the average price for exports to Belgium ($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 Portugal (+1.9%).

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

Imports into Angola

In 2021, the amount of gravel, pebbles and crushed stone for concrete and road aggregates imported into Angola rose modestly to X tons, picking up by 2.7% against 2020. Overall, imports, however, saw a sharp slump. The pace of growth was the most pronounced in 2017 when imports increased by 27% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, imports of gravel, pebbles and crushed stone for concrete and road aggregates soared to $X in 2021. Over the period under review, imports, however, continue to indicate a precipitous curtailment. The growth pace was the most rapid in 2017 with an increase of 62%. Over the period under review, imports of attained the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), France (X tons) and Namibia (X tons) were the main suppliers of imports of gravel, pebbles and crushed stone for concrete and road aggregates to Angola, with a combined 64% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +88.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of gravel, pebbles and crushed stone for concrete and road aggregates to Angola, comprising 31% of total imports. The second position in the ranking was held by France ($X), with a 13% share of total imports. It was followed by the UK, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +29.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-17.9% per year) and the UK (-5.0% per year).

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 2021, growing by 41% against the previous year. Over the period under review, the import price enjoyed a resilient increase. The pace of growth was the most pronounced in 2016 an increase of 72% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Namibia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+0.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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