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

Libya - Gravel and Crushed Stone - Market Analysis, Forecast, Size, Trends and Insights

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Libya: Market for Gravel And Crushed Stone 2024

Market Size for Gravel And Crushed Stone in Libya

In 2021, the Libyan gravel and crushed stone market increased by 2.8% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, showed a pronounced decline. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Gravel And Crushed Stone in Libya

In value terms, gravel and crushed stone production contracted to $X in 2021 estimated in export price. In general, production, however, showed a pronounced descent. The growth pace was the most rapid in 2018 when the production volume increased by 14% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Gravel And Crushed Stone

Exports from Libya

In 2021, overseas shipments of gravel and crushed stone increased by 98,673% to X tons, rising for the second year in a row after two years of decline. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, gravel and crushed stone exports soared to $X in 2021. Overall, exports, however, saw a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 224%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Egypt (X tons) was the main destination for gravel and crushed stone exports from Libya, accounting for a approx. 99% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Egypt was relatively modest.

From 2012 to 2021, the average annual growth rate of value to Egypt was relatively modest.

Export Prices by Country

The average gravel and crushed stone export price stood at $X per ton in 2021, declining by -99.8% against the previous year. Over the period under review, the export price recorded a sharp decrease. The most prominent rate of growth was recorded in 2018 an increase of 17,091%. The export price peaked at $X per ton in 2020, and then shrank rapidly in the following year.

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

From 2012 to 2021, the rate of growth in terms of prices for Tunisia amounted to -8.3% per year.

Imports of Gravel And Crushed Stone

Imports into Libya

In 2021, the amount of gravel and crushed stone imported into Libya skyrocketed to X tons, with an increase of 253% on the year before. Overall, imports, however, showed a abrupt decrease. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, gravel and crushed stone imports skyrocketed to $X in 2021. In general, imports, however, recorded a noticeable slump. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Italy (X tons), Tunisia (X tons) and Turkey (X tons) were the main suppliers of gravel and crushed stone imports to Libya, together accounting for 91% of total imports. These countries were followed by China, Spain and Egypt, which together accounted for a further 8.8%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +27.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of gravel and crushed stone to Libya, comprising 59% of total imports. The second position in the ranking was held by Turkey ($X), with a 16% share of total imports. It was followed by Egypt, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy amounted to -6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+3.7% per year) and Egypt (+26.3% per year).

Import Prices by Country

The average gravel and crushed stone import price stood at $X per ton in 2021, which is down by -3.4% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.6%. The pace of growth was the most pronounced in 2016 an increase of 31% against the previous year. The import price peaked at $X per ton in 2020, and then contracted modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($X per ton), while the price for Tunisia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest gravel and crushed stone consuming country worldwide, comprising approx. 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.
The country with the largest volume of gravel and crushed stone production was China, 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. The third position in this ranking was occupied by Japan, with a 4.2% share.
In value terms, Italy constituted the largest supplier of gravel and crushed stone to Libya, comprising 58% of total imports. The second position in the ranking was occupied by Turkey, with a 15% share of total imports. It was followed by Egypt, with a 14% share.
In 2021, the average gravel and crushed stone export price amounted to $3.5 per ton, declining by -94.1% against the previous year.
In 2021, the average gravel and crushed stone import price amounted to $57 per ton, picking up by 7.5% against the previous year.

This report provides an in-depth analysis of the market for gravel and crushed stone in Libya. 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:

  • Libya

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Libya
  • 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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