Egypt: 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 Egypt

After two years of decline, the Egyptian market for gravel, pebbles and crushed stone for concrete and road aggregates increased by 12% to $X in 2021. Overall, consumption, however, showed a mild shrinkage. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

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

In value terms, production of gravel, pebbles and crushed stone for concrete and road aggregates rose sharply to $X in 2021 estimated in export price. In general, production, however, showed a slight curtailment. The pace of growth was the most pronounced in 2016 when the production volume increased by 35% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2021, production of growth remained at a somewhat lower figure.

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

Exports from Egypt

In 2021, approx. X tons of gravel, pebbles and crushed stone for concrete and road aggregates were exported from Egypt; rising by 18% compared with 2020. Over the period under review, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 336%. The exports peaked at X tons in 2016; however, from 2017 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 surged to $X in 2021. Overall, exports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2016 with an increase of 271% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

India (X tons) was the main destination for exports of gravel, pebbles and crushed stone for concrete and road aggregates from Egypt, with a 57% share of total exports. Moreover, exports of gravel, pebbles and crushed stone for concrete and road aggregates to India exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), fourfold. Cyprus (X tons) ranked third in terms of total exports with an 8.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to India stood at +76.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+59.8% per year) and Cyprus (+4.4% per year).

In value terms, the largest markets for gravel, pebbles and crushed stone for concrete and road aggregates exported from Egypt were India ($X), the United Arab Emirates ($X) and Cyprus ($X), with a combined 73% share of total exports.

India, with a CAGR of +72.7%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

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, with an increase of 40% against the previous year. In general, the export price, however, recorded a perceptible descent. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guinea ($X per ton), while the average price for exports to Germany ($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 Turkey (+18.6%), while the prices for the other major destinations experienced a decline.

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

Imports into Egypt

In 2021, supplies from abroad of gravel, pebbles and crushed stone for concrete and road aggregates decreased by -1.4% to X tons, falling for the second year in a row after four years of growth. In general, imports showed a perceptible setback. The most prominent rate of growth was recorded in 2018 when imports increased by 97%. Over the period under review, imports of attained the peak figure at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of gravel, pebbles and crushed stone for concrete and road aggregates reduced remarkably to $X in 2021. Overall, imports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2018 with an increase of 48% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2021, Turkey (X tons) was the main gravel, pebbles and crushed stone for concrete and road aggregates supplier to Egypt, with a 100% share of total imports. It was followed by Australia (X kg), with less than 0.1% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Turkey amounted to -3.8%.

In value terms, Turkey ($X) constituted the largest supplier of gravel, pebbles and crushed stone for concrete and road aggregates to Egypt, comprising 85% of total imports. The second position in the ranking was held by Australia ($X), with a 0.4% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey amounted to -7.1%.

Import Prices by Country

In 2021, the average import price for gravel, pebbles and crushed stone for concrete and road aggregates amounted to $X per ton, shrinking by -17.7% against the previous year. In general, the import price saw a pronounced contraction. The growth pace was the most rapid in 2015 an increase of 81% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Turkey stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+101.6%).

Source: IndexBox Platform

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