Indonesia: 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 Indonesia

The Indonesian market for gravel, pebbles and crushed stone for concrete and road aggregates was finally on the rise to reach $X in 2021, after three years of decline. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

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

In value terms, production of gravel, pebbles and crushed stone for concrete and road aggregates rose rapidly to $X in 2021 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by 42% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2021, production of growth failed to regain momentum.

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

Exports from Indonesia

In 2021, approx. X tons of gravel, pebbles and crushed stone for concrete and road aggregates were exported from Indonesia; jumping by 80% on the year before. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 123% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

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, total exports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +8.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when exports increased by 119%. Over the period under review, the exports of reached the maximum at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Singapore (X tons) was the main destination for exports of gravel, pebbles and crushed stone for concrete and road aggregates from Indonesia, accounting for a approx. 99.9% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Singapore totaled +23.9%.

In value terms, Singapore ($X) also remains the key foreign market for gravel, pebbles and crushed stone for concrete and road aggregates exports from Indonesia.

From 2012 to 2021, the average annual growth rate of value to Singapore stood at +8.1%.

Export Prices by Country

The average export price for gravel, pebbles and crushed stone for concrete and road aggregates stood at $X per ton in 2021, which is down by -15.3% against the previous year. In general, the export price showed a abrupt contraction. The pace of growth was the most pronounced in 2013 a decrease of -1.8% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2012 to 2021, the rate of growth in terms of prices for Singapore amounted to -12.8% per year.

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

Imports into Indonesia

After three years of decline, purchases abroad of gravel, pebbles and crushed stone for concrete and road aggregates increased by 116% to X tons in 2021. Over the period under review, imports, however, recorded a abrupt shrinkage. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, imports of gravel, pebbles and crushed stone for concrete and road aggregates soared to $X in 2021. In general, imports, however, recorded a pronounced decrease. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Vietnam (X tons) constituted the largest gravel, pebbles and crushed stone for concrete and road aggregates supplier to Indonesia, accounting for a 86% share of total imports. Moreover, imports of gravel, pebbles and crushed stone for concrete and road aggregates from Vietnam exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), eightfold. China (X tons) ranked third in terms of total imports with a 2.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Vietnam amounted to +54.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-20.8% per year) and China (-23.3% per year).

In value terms, Vietnam ($X) constituted the largest supplier of gravel, pebbles and crushed stone for concrete and road aggregates to Indonesia, comprising 62% of total imports. The second position in the ranking was held by Malaysia ($X), with a 28% share of total imports. It was followed by China, with a 5.1% share.

From 2012 to 2021, the average annual growth rate of value from Vietnam stood at +67.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-11.5% per year) and China (-9.1% per year).

Import Prices by Country

The average import price for gravel, pebbles and crushed stone for concrete and road aggregates stood at $X per ton in 2021, which is down by -11.4% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +2.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for gravel, pebbles and crushed stone for concrete and road aggregates decreased by -13.5% against 2019 indices. The growth pace was the most rapid in 2019 when the average import price increased by 52%. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was India ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+36.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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