Czech Republic: Market for Gravel And Crushed Stone 2024

Market Size for Gravel And Crushed Stone in the Czech Republic

In 2021, the Czech gravel and crushed stone market decreased by -80.3% to $X, falling for the third year in a row after four years of growth. Over the period under review, consumption showed a abrupt curtailment. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Production of Gravel And Crushed Stone in the Czech Republic

In value terms, gravel and crushed stone production fell remarkably to $X in 2021 estimated in export price. Over the period under review, production showed a precipitous decrease. The pace of growth was the most pronounced in 2015 with an increase of 23% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Exports of Gravel And Crushed Stone

Exports from the Czech Republic

In 2021, gravel and crushed stone exports from the Czech Republic soared to X tons, picking up by 34% compared with 2020 figures. The total export volume increased at an average annual rate of +2.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, gravel and crushed stone exports soared to $X in 2021. Over the period under review, total exports indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +3.5% 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 +73.7% against 2016 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 23%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in years to come.

Exports by Country

Austria (X tons) was the main destination for gravel and crushed stone exports from the Czech Republic, with a 62% share of total exports. Moreover, gravel and crushed stone exports to Austria exceeded the volume sent to the second major destination, Germany (X tons), threefold. The third position in this ranking was held by Poland (X tons), with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Austria totaled +9.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+7.2% per year) and Poland (-10.1% per year).

In value terms, Poland ($X) remains the key foreign market for gravel and crushed stone exports from the Czech Republic, comprising 57% of total exports. The second position in the ranking was taken by Germany ($X), with a 15% share of total exports. It was followed by Austria, with a 15% share.

From 2012 to 2021, the average annual growth rate of value to Poland amounted to +3.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+7.0% per year) and Austria (+7.2% per year).

Export Prices by Country

In 2021, the average gravel and crushed stone export price amounted to $X per ton, waning by -9.4% against the previous year. In general, the export price, however, continues to indicate a modest increase. The most prominent rate of growth was recorded in 2020 an increase of 88% against the previous year. As a result, the export price attained the peak level of $X per ton, and then declined in the following year.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Austria ($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 Poland (+15.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Gravel And Crushed Stone

Imports into the Czech Republic

For the fifth year in a row, the Czech Republic recorded growth in purchases abroad of gravel and crushed stone, which increased by 65% to X tons in 2021. In general, imports posted a significant increase. The growth pace was the most rapid in 2014 when imports increased by 71% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, gravel and crushed stone imports surged to $X in 2021. Overall, imports saw a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Poland (X tons) constituted the largest gravel and crushed stone supplier to the Czech Republic, accounting for a 88% share of total imports. Moreover, gravel and crushed stone imports from Poland exceeded the figures recorded by the second-largest supplier, Slovakia (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Poland amounted to +59.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (+2.6% per year) and Germany (-1.1% per year).

In value terms, Poland ($X) constituted the largest supplier of gravel and crushed stone to the Czech Republic, comprising 51% of total imports. The second position in the ranking was taken by Germany ($X), with a 21% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Poland stood at +33.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+11.0% per year) and Slovakia (+6.1% per year).

Import Prices by Country

In 2021, the average gravel and crushed stone import price amounted to $X per ton, falling by -11.7% against the previous year. Over the period under review, the import price faced a abrupt shrinkage. The growth pace was the most rapid in 2017 when the average import price increased by 5%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+12.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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