CIS: Market for Gravel And Crushed Stone 2024

Market Size for Gravel And Crushed Stone in CIS

In 2021, the CIS gravel and crushed stone market was finally on the rise to reach $X for the first time since 2016, thus ending a four-year declining trend. Over the period under review, consumption, however, saw a abrupt decrease. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Production of Gravel And Crushed Stone in CIS

In value terms, gravel and crushed stone production soared to $X in 2021 estimated in export price. Over the period under review, production, however, saw a deep reduction. The level of production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Exports of Gravel And Crushed Stone

Exports in CIS

In 2021, overseas shipments of gravel and crushed stone were finally on the rise to reach X tons after three years of decline. Over the period under review, exports enjoyed strong growth. The growth pace was the most rapid in 2016 with an increase of 114%. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, gravel and crushed stone exports soared to $X in 2021. In general, exports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of 78% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Belarus represented the major exporter of gravel and crushed stone in the CIS, with the volume of exports accounting for X tons, which was approx. 85% of total exports in 2021. It was distantly followed by Russia (X tons), creating an 11% share of total exports. Uzbekistan (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to gravel and crushed stone exports from Belarus stood at +12.5%. At the same time, Russia (+18.6%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +18.6% from 2012-2021. By contrast, Uzbekistan (-10.5%) illustrated a downward trend over the same period. Russia (+4 p.p.) and Uzbekistan (+2.7 p.p.) significantly strengthened its position in terms of the total exports, while Belarus saw its share reduced by -3.2% from 2012 to 2021, respectively.

In value terms, Belarus ($X) remains the largest gravel and crushed stone supplier in the CIS, comprising 68% of total exports. The second position in the ranking was held by Russia ($X), with a 24% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Belarus stood at +8.0%. In the other countries, the average annual rates were as follows: Russia (+12.6% per year) and Uzbekistan (+25.9% per year).

Export Prices by Country

The export price in the CIS stood at $X per ton in 2021, surging by 13% against the previous year. Overall, the export price, however, continues to indicate a perceptible reduction. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Russia ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+40.5%), while the other leaders experienced a decline in the export price figures.

Imports of Gravel And Crushed Stone

Imports in CIS

For the fourth consecutive year, the CIS recorded decline in overseas purchases of gravel and crushed stone, which decreased by -16.3% to X tons in 2021. Over the period under review, imports saw a abrupt setback. The pace of growth was the most pronounced in 2017 with an increase of 66%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, gravel and crushed stone imports reached $X in 2021. Overall, imports saw a abrupt downturn. The pace of growth appeared the most rapid in 2017 with an increase of 17%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Russia represented the main importer of gravel and crushed stone in the CIS, with the volume of imports accounting for X tons, which was near 82% of total imports in 2021. It was distantly followed by Moldova (X tons) and Belarus (X tons), together comprising a 16% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to gravel and crushed stone imports into Russia stood at -14.1%. At the same time, Moldova (+6.4%) displayed positive paces of growth. Moreover, Moldova emerged as the fastest-growing importer imported in the CIS, with a CAGR of +6.4% from 2012-2021. By contrast, Belarus (-6.1%) illustrated a downward trend over the same period. Moldova (+8.7 p.p.) and Belarus (+2.8 p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by -12.6% from 2012 to 2021, respectively.

In value terms, Russia ($X) constitutes the largest market for imported gravel and crushed stone in the CIS, comprising 72% of total imports. The second position in the ranking was held by Belarus ($X), with a 9.6% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia amounted to -14.5%. The remaining importing countries recorded the following average annual rates of imports growth: Belarus (-4.4% per year) and Moldova (+6.4% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, surging by 20% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 35% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+1.9%).

Source: IndexBox Platform

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