Belgium: 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 Belgium

After two years of decline, the Belgian market for gravel, pebbles and crushed stone for concrete and road aggregates increased by 3.2% to $X in 2021. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

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

In value terms, production of gravel, pebbles and crushed stone for concrete and road aggregates declined slightly to $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by 25%. 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 Belgium

In 2021, shipments abroad of gravel, pebbles and crushed stone for concrete and road aggregates decreased by -11.5% to X tons, falling for the second year in a row after three years of growth. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 18%. Over the period under review, the exports of reached the peak figure at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, exports of gravel, pebbles and crushed stone for concrete and road aggregates contracted to $X in 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 19% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

France (X tons), the Netherlands (X tons) and Germany (X tons) were the main destinations of exports of gravel, pebbles and crushed stone for concrete and road aggregates from Belgium, together comprising 99% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +0.9%), while the other leaders experienced mixed trend patterns.

In value terms, France ($X), the Netherlands ($X) and Germany ($X) were the largest markets for gravel, pebbles and crushed stone for concrete and road aggregates exported from Belgium worldwide, together accounting for 87% of total exports.

In terms of the main countries of destination, Germany, with a CAGR of +7.2%, recorded 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 export price for gravel, pebbles and crushed stone for concrete and road aggregates amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 4.1% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 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 Germany ($X per ton), while the average price for exports to France ($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 Germany (+6.7%), while the prices for the other major destinations experienced a decline.

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

Imports into Belgium

In 2021, purchases abroad of gravel, pebbles and crushed stone for concrete and road aggregates decreased by -15.8% to X tons for the first time since 2017, thus ending a three-year rising trend. Overall, imports saw a noticeable contraction. The pace of growth appeared the most rapid in 2018 with an increase of 16% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of gravel, pebbles and crushed stone for concrete and road aggregates fell to $X in 2021. Over the period under review, total imports indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +111.7% against 2017 indices. The most prominent rate of growth was recorded in 2020 with an increase of 53%. As a result, imports reached the peak of $X, and then dropped slightly in the following year.

Imports by Country

The Netherlands (X tons), the UK (X tons) and Germany (X tons) were the main suppliers of imports of gravel, pebbles and crushed stone for concrete and road aggregates to Belgium, together accounting for 67% of total imports. Norway, France and Italy lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +68.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Italy ($X) and Germany ($X) constituted the largest gravel, pebbles and crushed stone for concrete and road aggregates suppliers to Belgium, with a combined 70% share of total imports.

In terms of the main suppliers, Italy, with a CAGR of +83.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

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, rising by 17% against the previous year. Over the period under review, import price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for gravel, pebbles and crushed stone for concrete and road aggregates increased by +99.2% against 2016 indices. The pace of growth appeared the most rapid in 2020 an increase of 47%. Over the period under review, average import prices attained the maximum in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for the UK ($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 (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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