EU: 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 the EU

After two years of decline, the EU market for gravel, pebbles and crushed stone for concrete and road aggregates increased by 0.4% to $X in 2021. In general, consumption, however, recorded a abrupt descent. The growth pace was the most rapid in 2017 when the market value increased by 8.4% against the previous year. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

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

In value terms, production of gravel, pebbles and crushed stone for concrete and road aggregates fell sharply to $X in 2021 estimated in export price. In general, production, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 25%. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

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

Exports in the EU

In 2021, shipments abroad of gravel, pebbles and crushed stone for concrete and road aggregates decreased by -0.5% to X tons, falling for the second year in a row after three years of growth. Overall, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 12% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, exports of gravel, pebbles and crushed stone for concrete and road aggregates stood at $X in 2021. The total export value increased at an average annual rate of +1.0% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when exports increased by 14%. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X tons), Germany (X tons) and France (X tons) represented roughly 66% of total exports in 2021. It was distantly followed by Romania (X tons), committing a 4.5% share of total exports. Spain (X tons), Denmark (X tons), Finland (X tons), Croatia (X tons), Austria (X tons), the Netherlands (X tons), Slovakia (X tons) and Sweden (X tons) held a minor share of total exports.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +18.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest gravel, pebbles and crushed stone for concrete and road aggregates supplying countries in the European Union were France ($X), Germany ($X) and Belgium ($X), with a combined 57% share of total exports. The Netherlands, Austria, Denmark, Spain, Finland, Croatia, Romania, Slovakia and Sweden lagged somewhat behind, together comprising a further 30%.

Romania, with a CAGR of +18.3%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2021, rising by 3.2% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 5.1%. Over the period under review, the export prices reached the maximum in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.6%), while the other leaders experienced more modest paces of growth.

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

Imports in the EU

In 2021, approx. X tons of gravel, pebbles and crushed stone for concrete and road aggregates were imported in the European Union; increasing by 2.7% against the previous year's figure. The total import volume increased at an average annual rate of +1.0% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 15% against the previous year. Over the period under review, imports of hit record highs 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 rose rapidly to $X in 2021. The total import value increased at an average annual rate of +2.7% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when imports increased by 17%. Over the period under review, imports of reached the peak figure in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

The Netherlands (X tons) and France (X tons) represented roughly 38% of total imports in 2021. Denmark (X tons) took the next position in the ranking, followed by Poland (X tons), Belgium (X tons), the Czech Republic (X tons), Luxembourg (X tons) and Germany (X tons). All these countries together took near 40% share of total imports. Lithuania (X tons), Estonia (X tons), Austria (X tons), Hungary (X tons) and Croatia (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Czech Republic (with a CAGR of +33.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constitutes the largest market for imported gravel, pebbles and crushed stone for concrete and road aggregates in the European Union, comprising 29% of total imports. The second position in the ranking was taken by France ($X), with a 13% share of total imports. It was followed by Belgium, with an 11% share.

From 2012 to 2021, the average annual growth rate of value in the Netherlands amounted to +1.3%. The remaining importing countries recorded the following average annual rates of imports growth: France (+4.8% per year) and Belgium (+3.2% per year).

Import Prices by Country

The import price in the European Union stood at $X per ton in 2021, growing by 6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2020 an increase of 8.5%. The level of import peaked in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+6.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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