Argentina: 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 Argentina

In 2021, the Argentinian market for gravel, pebbles and crushed stone for concrete and road aggregates increased by 8.1% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, saw a slight shrinkage. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

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

In value terms, production of gravel, pebbles and crushed stone for concrete and road aggregates rose notably to $X in 2021 estimated in export price. Over the period under review, production, however, showed a slight setback. The pace of growth appeared the most rapid in 2017 with an increase of 13%. Production of peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

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

Exports from Argentina

Exports of gravel, pebbles and crushed stone for concrete and road aggregates from Argentina skyrocketed to X tons in 2021, with an increase of 109% against the previous year. Overall, exports posted a resilient increase. The most prominent rate of growth was recorded in 2016 when exports increased by 372%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, exports of gravel, pebbles and crushed stone for concrete and road aggregates skyrocketed to $X in 2021. In general, exports showed a prominent expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 341% against the previous year. Over the period under review, the exports of hit record highs in 2021 and are likely to see steady growth in the near future.

Exports by Country

Italy (X tons) was the main destination for exports of gravel, pebbles and crushed stone for concrete and road aggregates from Argentina, accounting for a 68% share of total exports. Moreover, exports of gravel, pebbles and crushed stone for concrete and road aggregates to Italy exceeded the volume sent to the second major destination, Bolivia (X tons), fivefold. China (X tons) ranked third in terms of total exports with a 7.9% share.

From 2012 to 2021, the average annual growth rate of volume to Italy amounted to +17.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (+46.3% per year) and China (+3.2% per year).

In value terms, Italy ($X) remains the key foreign market for gravel, pebbles and crushed stone for concrete and road aggregates exports from Argentina, comprising 65% of total exports. The second position in the ranking was held by China ($X), with a 28% share of total exports. It was followed by Bolivia, with a 2% share.

From 2012 to 2021, the average annual growth rate of value to Italy totaled +15.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+26.9% per year) and Bolivia (+20.5% per year).

Export Prices by Country

In 2021, the average export price for gravel, pebbles and crushed stone for concrete and road aggregates amounted to $X per ton, growing by 13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2018 an increase of 37% against the previous year. Over the period under review, the average export prices attained the peak figure in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to the Netherlands ($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 China (+23.0%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports into Argentina

In 2021, purchases abroad of gravel, pebbles and crushed stone for concrete and road aggregates was finally on the rise to reach X tons after three years of decline. Overall, imports, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2017 when imports increased by 86%. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, imports of gravel, pebbles and crushed stone for concrete and road aggregates skyrocketed to $X in 2021. In general, imports, however, faced a sharp decline. Over the period under review, imports of attained the peak figure at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Uruguay (X tons), Paraguay (X tons) and Spain (X tons) were the main suppliers of imports of gravel, pebbles and crushed stone for concrete and road aggregates to Argentina, together comprising 97% of total imports. Israel lagged somewhat behind, comprising a further 1.6%.

From 2012 to 2021, the biggest increases were recorded for Israel (with a CAGR of +1.2%), while purchases for the other leaders experienced a decline.

In value terms, Paraguay ($X) constituted the largest supplier of gravel, pebbles and crushed stone for concrete and road aggregates to Argentina, comprising 76% of total imports. The second position in the ranking was held by Uruguay ($X), with a 14% share of total imports. It was followed by Spain, with a 3.6% share.

From 2012 to 2021, the average annual growth rate of value from Paraguay stood at -24.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Uruguay (-4.3% per year) and Spain (-11.4% 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, jumping by 174% against the previous year. Over the period under review, the import price, however, saw a perceptible slump. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Paraguay (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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