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Report Hong Kong SAR, China - Gravel and Crushed Stone - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Hong Kong SAR, China - Gravel and Crushed Stone - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Market for Gravel And Crushed Stone 2024

Market Size for Gravel And Crushed Stone in Hong Kong SAR, China

In 2021, after three years of growth, there was significant decline in the Hong Kong gravel and crushed stone market, when its value decreased by -61.2% to $X. Overall, consumption faced a dramatic slump. Gravel and crushed stone consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Exports of Gravel And Crushed Stone

Exports from Hong Kong SAR, China

After two years of growth, overseas shipments of gravel and crushed stone decreased by -52.3% to X tons in 2021. In general, exports, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2019 when exports increased by 983%. The exports peaked at X tons in 2020, and then shrank remarkably in the following year.

In value terms, gravel and crushed stone exports shrank rapidly to $X in 2021. Over the period under review, exports, however, continue to indicate a strong expansion. The growth pace was the most rapid in 2019 when exports increased by 1,011% against the previous year. The exports peaked at $X in 2020, and then dropped notably in the following year.

Exports by Country

Macao SAR (X tons) was the main destination for gravel and crushed stone exports from Hong Kong SAR, accounting for a 97% share of total exports. It was followed by China (X tons), with a 1.6% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Macao SAR amounted to +451.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-25.4% per year) and Malaysia (+4.7% per year).

In value terms, Macao SAR ($X) remains the key foreign market for gravel and crushed stone exports from Hong Kong SAR, comprising 97% of total exports. The second position in the ranking was held by China ($X), with a 1.6% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Macao SAR totaled +371.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-28.7% per year) and Malaysia (+0.8% per year).

Export Prices by Country

In 2021, the average gravel and crushed stone export price amounted to $X per ton, with an increase of 6.5% against the previous year. Overall, the export price, however, recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2015 an increase of 37% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Malaysia ($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 Malaysia (-3.8%), while the prices for the other major destinations experienced a decline.

Imports of Gravel And Crushed Stone

Imports into Hong Kong SAR, China

In 2021, after four years of growth, there was significant decline in supplies from abroad of gravel and crushed stone, when their volume decreased by -67.4% to X tons. In general, imports, however, showed significant growth. The pace of growth was the most pronounced in 2019 with an increase of 191% against the previous year. Imports peaked at X tons in 2020, and then fell notably in the following year.

In value terms, gravel and crushed stone imports contracted significantly to $X in 2021. Over the period under review, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of 94% against the previous year. Imports peaked at $X in 2020, and then fell notably in the following year.

Imports by Country

In 2021, China (X tons) was the main gravel and crushed stone supplier to Hong Kong SAR, with a approx. 99.9% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +21.5%.

In value terms, China ($X) constituted the largest supplier of gravel and crushed stone to Hong Kong SAR.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +19.3%.

Import Prices by Country

The average gravel and crushed stone import price stood at $X per ton in 2021, jumping by 62% against the previous year. Overall, the import price, however, saw a slight contraction. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to -1.8% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China constituted the country with the largest volume of gravel and crushed stone consumption, accounting for 24% of total volume. Moreover, gravel and crushed stone consumption in China exceeded the figures recorded by the second-largest consumer, the United States, fourfold. Japan ranked third in terms of total consumption with a 4.2% share.
China constituted the country with the largest volume of gravel and crushed stone production, comprising approx. 24% of total volume. Moreover, gravel and crushed stone production in China exceeded the figures recorded by the second-largest producer, the United States, fivefold. Japan ranked third in terms of total production with a 4.2% share.
In value terms, China constituted the largest supplier of gravel and crushed stone to Hong Kong SAR.
In value terms, Macao SAR remains the key foreign market for gravel and crushed stone exports from Hong Kong SAR.
In 2021, the average gravel and crushed stone export price amounted to $9.4 per ton, reducing by -14.3% against the previous year.
The average gravel and crushed stone import price stood at $74 per ton in 2021, reducing by -12% against the previous year.

This report provides an in-depth analysis of the market for gravel and crushed stone in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 08121210 - Gravel and pebbles of a kind used for concrete aggregates, f or road metalling or for railway or other ballast, shingle and flint
  • Prodcom 08121230 - Crushed stone of a kind used for concrete aggregates, for road metalling or for railway or other ballast (excluding gravel, p ebbles, shingle and flint)
  • Prodcom 08121250 - Granules, chippings and powder of marble
  • Prodcom 08121290 - Granules, chippings and powder of travertine, ecaussine, granite, porphyry, basalt, sandstone and other monumental stone
  • Prodcom 08121300 - Mixtures of slag and similar industrial waste products, w hether or not incorporating pebbles, gravel, shingle and flint for construction use

Country coverage:

  • Hong Kong SAR

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Hong Kong SAR, China
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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Free Data: Gravel And Crushed Stone - Hong Kong SAR
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