Ireland: 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 Ireland

In 2021, the Irish market for gravel, pebbles and crushed stone for concrete and road aggregates increased by 89% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, recorded a perceptible setback. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

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

In value terms, production of gravel, pebbles and crushed stone for concrete and road aggregates skyrocketed to $X in 2021 estimated in export price. Overall, production, however, showed a noticeable slump. Production of peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

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

Exports from Ireland

Exports of gravel, pebbles and crushed stone for concrete and road aggregates from Ireland contracted notably to X tons in 2021, which is down by -19.1% on the year before. In general, exports continue to indicate a noticeable setback. The pace of growth appeared the most rapid in 2015 when exports increased by 432%. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, exports of gravel, pebbles and crushed stone for concrete and road aggregates shrank significantly to $X in 2021. Over the period under review, exports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 131% against the previous year. The exports peaked at $X in 2020, and then declined notably in the following year.

Exports by Country

The UK (X tons) was the main destination for exports of gravel, pebbles and crushed stone for concrete and road aggregates from Ireland, accounting for a 69% share of total exports. Moreover, exports of gravel, pebbles and crushed stone for concrete and road aggregates to the UK exceeded the volume sent to the second major destination, France (X tons), fourfold. Sweden (X tons) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to the UK stood at +17.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+13,454.2% per year) and Sweden (+18.7% per year).

In value terms, the UK ($X) remains the key foreign market for gravel, pebbles and crushed stone for concrete and road aggregates exports from Ireland, comprising 85% of total exports. The second position in the ranking was held by Sweden ($X), with an 8.1% share of total exports. It was followed by France, with a 3.5% share.

From 2012 to 2021, the average annual growth rate of value to the UK stood at +16.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+22.9% per year) and France (+17,105.9% per year).

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, dropping by -30.7% against the previous year. Overall, the export price, however, recorded a strong increase. The most prominent rate of growth was recorded in 2018 an increase of 329%. The export price peaked at $X per ton in 2020, and then declined significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to France ($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 France (+30.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Ireland

In 2021, supplies from abroad of gravel, pebbles and crushed stone for concrete and road aggregates decreased by -12.3% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 27% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, imports of gravel, pebbles and crushed stone for concrete and road aggregates dropped dramatically to $X in 2021. Overall, total imports indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 30%. Over the period under review, imports of hit record highs at $X in 2020, and then contracted notably in the following year.

Imports by Country

In 2021, the UK (X tons) was the main supplier of gravel, pebbles and crushed stone for concrete and road aggregates to Ireland, with a approx. 99% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from the UK amounted to +33.3%.

In value terms, the UK ($X) constituted the largest supplier of gravel, pebbles and crushed stone for concrete and road aggregates to Ireland.

From 2012 to 2021, the average annual growth rate of value from the UK amounted to +23.8%.

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, with a decrease of -9.1% against the previous year. In general, the import price, however, enjoyed a moderate expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 131% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for the UK amounted to -7.0% per year.

Source: IndexBox Platform

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