Benelux: 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 Benelux

After two years of decline, the Benelux market for gravel, pebbles and crushed stone for concrete and road aggregates increased by 3.8% to $X in 2021. Overall, consumption showed a relatively flat trend pattern. The level of consumption peaked 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 Benelux

In value terms, production of gravel, pebbles and crushed stone for concrete and road aggregates reduced modestly to $X in 2021 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by 24% against the previous year. Over the period under review, production of hit record highs at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

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

Exports in Benelux

In 2021, shipments abroad of gravel, pebbles and crushed stone for concrete and road aggregates decreased by -6.4% to X tons, falling for the second consecutive year after three years of growth. Overall, exports recorded a mild slump. The growth pace was the most rapid in 2018 with an increase of 17% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of gravel, pebbles and crushed stone for concrete and road aggregates reduced modestly to $X in 2021. In general, exports recorded a slight curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 18%. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Belgium prevails in aggregates structure, finishing at X tons, which was approx. 91% of total exports in 2021. It was distantly followed by the Netherlands (X tons), achieving an 8.3% share of total exports.

Belgium experienced a relatively flat trend pattern with regard to volume of exports of gravel, pebbles and crushed stone for concrete and road aggregates. The Netherlands (-8.3%) illustrated a downward trend over the same period. While the share of Belgium (+8.3 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of the Netherlands (-8.1 p.p.) displayed negative dynamics.

In value terms, Belgium ($X) remains the largest gravel, pebbles and crushed stone for concrete and road aggregates supplier in Benelux, comprising 72% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 27% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Belgium was relatively modest.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2021, growing by 1.8% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the export price increased by 5.7% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.6%).

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

Imports in Benelux

In 2021, purchases abroad of gravel, pebbles and crushed stone for concrete and road aggregates decreased by -1% to X tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a mild decline. The most prominent rate of growth was recorded in 2019 when imports increased by 14% against the previous year. The volume of import peaked 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 significantly to $X in 2021. The total import value increased at an average annual rate of +2.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 with an increase of 13% against the previous year. The level of import peaked in 2021 and is likely to see gradual growth in the immediate term.

Imports by Country

The Netherlands represented the key importer of gravel, pebbles and crushed stone for concrete and road aggregates in Benelux, with the volume of imports recording X tons, which was approx. 62% of total imports in 2021. Belgium (X tons) held a 21% share (based on physical terms) of total imports, which put it in second place, followed by Luxembourg (18%).

From 2012 to 2021, average annual rates of growth with regard to gravel, pebbles and crushed stone for concrete and road aggregates imports into the Netherlands stood at -3.4%. At the same time, Luxembourg (+9.4%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing importer imported in Benelux, with a CAGR of +9.4% from 2012-2021. By contrast, Belgium (-2.9%) illustrated a downward trend over the same period. Luxembourg (+11 p.p.) significantly strengthened its position in terms of the total imports, while Belgium and the Netherlands saw its share reduced by -1.9% and -9.2% from 2012 to 2021, respectively.

In value terms, the Netherlands ($X) constitutes the largest market for imported gravel, pebbles and crushed stone for concrete and road aggregates in Benelux, comprising 65% of total imports. The second position in the ranking was held by Belgium ($X), with a 25% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in the Netherlands totaled +1.3%. The remaining importing countries recorded the following average annual rates of imports growth: Belgium (+3.2% per year) and Luxembourg (+7.2% per year).

Import Prices by Country

The import price in Benelux stood at $X per ton in 2021, picking up by 7.7% against the previous year. Over the last nine years, it increased at an average annual rate of +4.3%. The most prominent rate of growth was recorded in 2020 an increase of 22%. The level of import peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per ton), while Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+6.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform