Eastern Europe: 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 Eastern Europe

The East European market for gravel, pebbles and crushed stone for concrete and road aggregates fell to $X in 2021, reducing by -9.1% against the previous year. Overall, consumption showed a noticeable decline. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

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

In value terms, production of gravel, pebbles and crushed stone for concrete and road aggregates reduced to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 21%. As a result, production attained the peak level of $X. From 2019 to 2021, production of growth failed to regain momentum.

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

Exports in Eastern Europe

In 2021, shipments abroad of gravel, pebbles and crushed stone for concrete and road aggregates was finally on the rise to reach X tons after three years of decline. In general, exports, however, showed a abrupt descent. The pace of growth was the most pronounced in 2017 when exports increased by 17%. Over the period under review, the exports of reached the peak figure at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, exports of gravel, pebbles and crushed stone for concrete and road aggregates soared to $X in 2021. Over the period under review, exports, however, recorded a deep slump. The most prominent rate of growth was recorded in 2017 with an increase of 23%. Over the period under review, the exports of hit record highs at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Belarus was the major exporter of gravel, pebbles and crushed stone for concrete and road aggregates in Eastern Europe, with the volume of exports resulting at X tons, which was near 44% of total exports in 2021. Ukraine (X tons) ranks second in terms of the total exports with a 20% share, followed by Romania (13%), Slovakia (6.5%) and Russia (5.1%). Lithuania (X tons), Bulgaria (X tons) and Estonia (X tons) took a relatively small share of total exports.

From 2012 to 2021, average annual rates of growth with regard to gravel, pebbles and crushed stone for concrete and road aggregates exports from Belarus stood at +13.1%. At the same time, Russia (+29.5%), Lithuania (+19.9%), Romania (+18.1%) and Slovakia (+6.8%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +29.5% from 2012-2021. By contrast, Bulgaria (-3.9%), Estonia (-9.1%) and Ukraine (-21.5%) illustrated a downward trend over the same period. While the share of Belarus (+37 p.p.), Romania (+12 p.p.), Russia (+4.9 p.p.), Slovakia (+4.8 p.p.) and Lithuania (+3.2 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Ukraine (-64.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belarus ($X) remains the largest gravel, pebbles and crushed stone for concrete and road aggregates supplier in Eastern Europe, comprising 32% of total exports. The second position in the ranking was held by Ukraine ($X), with a 15% share of total exports. It was followed by Romania, with a 7.5% share.

In Belarus, exports of gravel, pebbles and crushed stone for concrete and road aggregates expanded at an average annual rate of +7.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Ukraine (-23.8% per year) and Romania (+18.3% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2021, rising by 8.8% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the export price increased by 16%. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a 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 Lithuania ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+6.3%), while the other leaders experienced more modest paces of growth.

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

Imports in Eastern Europe

In 2021, imports of gravel, pebbles and crushed stone for concrete and road aggregates in Eastern Europe expanded notably to X tons, rising by 7.4% compared with the year before. Overall, imports posted a prominent increase. The pace of growth appeared the most rapid in 2018 with an increase of 46% against the previous year. Over the period under review, imports of reached the maximum at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, imports of gravel, pebbles and crushed stone for concrete and road aggregates amounted to $X in 2021. In general, imports, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2018 when imports increased by 20%. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Poland (X tons) and the Czech Republic (X tons) represented roughly 44% of total imports in 2021. Russia (X tons) ranks next in terms of the total imports with a 13% share, followed by Lithuania (12%), Estonia (10%) and Hungary (9%). Latvia (X tons) held a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +33.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Poland ($X) and Estonia ($X) constituted the countries with the highest levels of imports in 2021, together accounting for 60% of total imports. These countries were followed by Lithuania, the Czech Republic, Hungary and Latvia, which together accounted for a further 25%.

The Czech Republic, with a CAGR of +16.2%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Eastern Europe amounted to $X per ton, picking up by 6.9% against the previous year. In general, the import price, however, saw a deep setback. The pace of growth appeared the most rapid in 2020 when the import price increased by 7.9% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+1.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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