Denmark: 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 Denmark

In 2021, the Danish market for gravel, pebbles and crushed stone for concrete and road aggregates increased by 2.3% to $X, rising for the fourth year in a row after three years of decline. Over the period under review, consumption, however, saw a relatively flat trend pattern. Consumption of peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

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

In value terms, production of gravel, pebbles and crushed stone for concrete and road aggregates dropped significantly to $X in 2021 estimated in export price. In general, production, however, saw a abrupt decline. The growth pace was the most rapid in 2019 when the production volume increased by 15% against the previous year. Over the period under review, production of attained the maximum level 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 Denmark

In 2021, overseas shipments of gravel, pebbles and crushed stone for concrete and road aggregates decreased by -25.2% to X tons for the first time since 2018, thus ending a two-year rising trend. The total export volume increased at an average annual rate of +2.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 34%. As a result, the exports reached the peak of X tons, and then contracted markedly in the following year.

In value terms, exports of gravel, pebbles and crushed stone for concrete and road aggregates plummeted to $X in 2021. The total export 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 2013 when exports increased by 34% against the previous year. The exports peaked at $X in 2020, and then contracted dramatically in the following year.

Exports by Country

Germany (X tons) was the main destination for exports of gravel, pebbles and crushed stone for concrete and road aggregates from Denmark, accounting for a 80% share of total exports. Moreover, exports of gravel, pebbles and crushed stone for concrete and road aggregates to Germany exceeded the volume sent to the second major destination, Sweden (X tons), sixfold. The third position in this ranking was held by the Netherlands (X tons), with a 4.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at +6.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+25.1% per year) and the Netherlands (-5.3% per year).

In value terms, Germany ($X) remains the key foreign market for gravel, pebbles and crushed stone for concrete and road aggregates exports from Denmark, comprising 74% of total exports. The second position in the ranking was held by Sweden ($X), with a 9.3% share of total exports. It was followed by the Netherlands, with a 6.8% share.

From 2012 to 2021, the average annual growth rate of value to Germany amounted to +5.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+13.8% per year) and the Netherlands (+0.4% per year).

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 2.1% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 9.6% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average 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 the UK ($X per ton), while the average price for exports to Sweden ($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 the UK (+21.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports into Denmark

In 2021, imports of gravel, pebbles and crushed stone for concrete and road aggregates into Denmark declined to X tons, dropping by -7.2% against the previous year's figure. The total import volume increased at an average annual rate of +1.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when imports increased by 20% against the previous year. Over the period under review, imports of hit record highs at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, imports of gravel, pebbles and crushed stone for concrete and road aggregates declined slightly to $X in 2021. The total import value increased at an average annual rate of +1.4% 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 2018 when imports increased by 26% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

In 2021, Norway (X tons) constituted the largest supplier of gravel, pebbles and crushed stone for concrete and road aggregates to Denmark, accounting for a 87% share of total imports. Moreover, imports of gravel, pebbles and crushed stone for concrete and road aggregates from Norway exceeded the figures recorded by the second-largest supplier, Poland (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Norway was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+52.8% per year) and Sweden (-4.2% per year).

In value terms, Norway ($X) constituted the largest supplier of gravel, pebbles and crushed stone for concrete and road aggregates to Denmark, comprising 86% of total imports. The second position in the ranking was taken by Sweden ($X), with a 7.6% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Norway was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+2.8% per year) and Poland (+43.5% per year).

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, with an increase of 6.9% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The import price peaked at $X per ton in 2014; however, from 2015 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 Sweden ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+7.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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