Australia and Oceania: 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 Australia and Oceania

In 2021, the market for gravel, pebbles and crushed stone for concrete and road aggregates in Australia and Oceania increased by 8.7% to $X for the first time since 2017, thus ending a three-year declining trend. Overall, consumption, however, continues to indicate a noticeable setback. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

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

In value terms, production of gravel, pebbles and crushed stone for concrete and road aggregates rose sharply to $X in 2021 estimated in export price. Over the period under review, production, however, showed a pronounced setback. The pace of growth was the most pronounced in 2017 with an increase of 75%. As a result, production reached the peak level of $X. From 2018 to 2021, production of growth remained at a somewhat lower figure.

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

Exports in Australia and Oceania

In 2021, the amount of gravel, pebbles and crushed stone for concrete and road aggregates exported in Australia and Oceania soared to X tons, with an increase of 18% against 2020 figures. Total exports indicated a pronounced increase from 2012 to 2021: its volume increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +15.3% against 2018 indices. The pace of growth was the most pronounced in 2014 when exports increased by 55%. The volume of export peaked in 2021 and is expected to retain growth in years to come.

In value terms, exports of gravel, pebbles and crushed stone for concrete and road aggregates soared to $X in 2021. Total exports indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +37.4% against 2019 indices. The pace of growth was the most pronounced in 2014 with an increase of 56%. Over the period under review, the exports of hit record highs in 2021 and are expected to retain growth in the immediate term.

Exports by Country

New Zealand dominates aggregates structure, reaching X tons, which was near 95% of total exports in 2021. It was distantly followed by Australia (X tons), constituting a 5.2% share of total exports.

New Zealand was also the fastest-growing in terms of the gravel, pebbles and crushed stone for concrete and road aggregates exports, with a CAGR of +12.3% from 2012 to 2021. Australia (-16.6%) illustrated a downward trend over the same period. New Zealand (+44 p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by -34.9% from 2012 to 2021, respectively.

In value terms, New Zealand ($X) remains the largest gravel, pebbles and crushed stone for concrete and road aggregates supplier in Australia and Oceania, comprising 94% of total exports. The second position in the ranking was taken by Australia ($X), with a 6.3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in New Zealand stood at +10.0%.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, standing approx. at the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the export price increased by 6.4%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+3.6%).

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

Imports in Australia and Oceania

In 2021, overseas purchases of gravel, pebbles and crushed stone for concrete and road aggregates decreased by -3.1% to X tons, falling for the fourth consecutive year after two years of growth. In general, imports saw a slight decline. The growth pace was the most rapid in 2017 with an increase of 196% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of gravel, pebbles and crushed stone for concrete and road aggregates surged to $X in 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by 148%. Over the period under review, imports of attained the maximum at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Australia (X tons) and Guam (X tons) dominates aggregates structure, together generating 76% of total imports. It was distantly followed by New Zealand (X tons), Kiribati (X tons) and Tuvalu (X tons), together making up a 19% share of total imports. Nauru (X tons) held a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Nauru (with a CAGR of +29.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) constitutes the largest market for imported gravel, pebbles and crushed stone for concrete and road aggregates in Australia and Oceania, comprising 67% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 17% share of total imports. It was followed by Guam, with an 8.3% share.

From 2012 to 2021, the average annual growth rate of value in Australia amounted to +11.9%. In the other countries, the average annual rates were as follows: New Zealand (+23.0% per year) and Guam (+0.5% per year).

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, increasing by 21% against the previous year. Overall, the import price posted perceptible growth. The pace of growth appeared the most rapid in 2019 when the import price increased by 42%. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was New Zealand ($X per ton), while Guam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+4.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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