Europe: Pre-Coated Aggregates Market 2024

Pre-Coated Aggregates Market Size in Europe

For the fifth year in a row, the Europe pre-coated aggregates market recorded growth in sales value, which increased by 9.7% to $X in 2022. The total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +44.3% against 2017 indices. The level of consumption peaked in 2022 and is likely to see gradual growth in years to come.

Pre-Coated Aggregates Production in Europe

In value terms, pre-coated aggregates production expanded rapidly to $X in 2022 estimated in export price. The total production indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +44.0% against 2017 indices. The growth pace was the most rapid in 2014 when the production volume increased by 34% against the previous year. Over the period under review, production hit record highs in 2022 and is expected to retain growth in the near future.

Pre-Coated Aggregates Exports

Exports in Europe

In 2022, exports of pre-coated aggregates in Europe dropped dramatically to X tons, waning by -17.4% compared with the year before. In general, exports showed a pronounced reduction. The pace of growth appeared the most rapid in 2013 when exports increased by 17%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, pre-coated aggregates exports contracted to $X in 2022. Over the period under review, exports recorded a noticeable shrinkage. The growth pace was the most rapid in 2018 with an increase of 8.8% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Belgium (X tons), Germany (X tons) and the UK (X tons) was the key exporter of pre-coated aggregates in Europe, comprising 75% of total export. It was distantly followed by Austria (X tons), making up a 15% share of total exports. The following exporters - France (X tons) and Ireland (X tons) - together made up 6% of total exports.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of +88.7%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Belgium ($X), the UK ($X) and Germany ($X) were the countries with the highest levels of exports in 2022, together comprising 69% of total exports. Austria, France and Ireland lagged somewhat behind, together comprising a further 26%.

Ireland, with a CAGR of +43.5%, saw the highest growth rate of the value of exports, among 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 Europe stood at $X per ton in 2022, rising by 10% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the export price increased by 22%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.3%), while the other leaders experienced mixed trends in the export price figures.

Pre-Coated Aggregates Imports

Imports in Europe

Pre-coated aggregates imports expanded slightly to X tons in 2022, with an increase of 3.6% on the previous year. Over the period under review, imports, however, continue to indicate a pronounced slump. The pace of growth appeared the most rapid in 2016 when imports increased by 22% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, pre-coated aggregates imports totaled $X in 2022. In general, imports, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2019 when imports increased by 14%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Switzerland (X tons) and France (X tons) represented the major importers of pre-coated aggregates in 2022, reaching approx. 37% and 33% of total imports, respectively. Ireland (X tons) took a 19% share (based on physical terms) of total imports, which put it in second place, followed by Germany (8.7%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Germany (with a CAGR of +6.5%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Switzerland ($X), France ($X) and Ireland ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for 93% of total imports.

Among the main importing countries, France, with a CAGR of -0.8%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Europe stood at $X per ton in 2022, surging by 1.8% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 25%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Ireland ($X per ton), while Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+3.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform