Austria: 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 Austria

In 2021, the Austrian market for gravel, pebbles and crushed stone for concrete and road aggregates was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption, however, continues to indicate a pronounced decrease. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

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

In value terms, production of gravel, pebbles and crushed stone for concrete and road aggregates expanded remarkably to $X in 2021 estimated in export price. Over the period under review, production, however, saw a noticeable descent. The pace of growth appeared the most rapid in 2018 when the production volume increased by 12%. Production of peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

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

Exports from Austria

In 2021, approx. X tons of gravel, pebbles and crushed stone for concrete and road aggregates were exported from Austria; with an increase of 4.3% on the year before. The total export volume increased at an average annual rate of +1.4% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when exports increased by 12% against the previous year. Over the period under review, the exports of reached the maximum in 2021 and are likely to see gradual growth in the immediate term.

In value terms, exports of gravel, pebbles and crushed stone for concrete and road aggregates rose rapidly to $X in 2021. In general, total exports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +6.4% 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 +75.3% against 2015 indices. The most prominent rate of growth was recorded in 2020 with an increase of 18% against the previous year. Over the period under review, the exports of attained the maximum in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), Switzerland (X tons) and Slovenia (X tons) were the main destinations of exports of gravel, pebbles and crushed stone for concrete and road aggregates from Austria, with a combined 90% share of total exports. These countries were followed by Liechtenstein, Italy, Hungary and Slovakia, which together accounted for a further 9.2%.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +53.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Switzerland ($X) and Slovenia ($X) constituted the largest markets for gravel, pebbles and crushed stone for concrete and road aggregates exported from Austria worldwide, together comprising 78% of total exports. These countries were followed by Slovakia, Hungary, Italy and Liechtenstein, which together accounted for a further 17%.

Italy, with a CAGR of +63.0%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

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, rising by 7.4% against the previous year. Over the last nine years, it increased at an average annual rate of +5.0%. The pace of growth appeared the most rapid in 2020 when the average export price increased by 14%. Over the period under review, the average export prices attained the maximum in 2021 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Liechtenstein ($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 Hungary (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Austria

In 2021, after two years of decline, there was significant growth in supplies from abroad of gravel, pebbles and crushed stone for concrete and road aggregates, when their volume increased by 8% to X tons. Over the period under review, imports, however, recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2018 when imports increased by 52% against the previous year. Over the period under review, imports of attained the peak figure at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, imports of gravel, pebbles and crushed stone for concrete and road aggregates expanded sharply to $X in 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by 33%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports of remained at a lower figure.

Imports by Country

In 2021, Hungary (X tons) constituted the largest gravel, pebbles and crushed stone for concrete and road aggregates supplier to Austria, accounting for a 64% share of total imports. Moreover, imports of gravel, pebbles and crushed stone for concrete and road aggregates from Hungary exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was held by Italy (X tons), with a 2.3% share.

From 2012 to 2021, the average annual growth rate of volume from Hungary totaled +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-8.0% per year) and Italy (+12.2% per year).

In value terms, Hungary ($X), Germany ($X) and Italy ($X) constituted the largest gravel, pebbles and crushed stone for concrete and road aggregates suppliers to Austria, together comprising 93% of total imports.

Among the main suppliers, Italy, with a CAGR of +6.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average import price for gravel, pebbles and crushed stone for concrete and road aggregates amounted to $X per ton, rising by 3.7% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.3%. The growth pace was the most rapid in 2013 an increase of 20% against the previous year. Over the period under review, average import prices reached the maximum in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovenia (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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