Luxembourg: 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 Luxembourg

In 2021, the Luxembourg market for gravel, pebbles and crushed stone for concrete and road aggregates was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, the total consumption indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +8.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

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

Exports from Luxembourg

In 2021, overseas shipments of gravel, pebbles and crushed stone for concrete and road aggregates increased by 134% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, recorded a abrupt decrease. Over the period under review, the exports of reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of gravel, pebbles and crushed stone for concrete and road aggregates skyrocketed to $X in 2021. Overall, exports, however, continue to indicate a deep reduction. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X tons), Germany (X tons) and France (X tons) were the main destinations of exports of gravel, pebbles and crushed stone for concrete and road aggregates from Luxembourg, with a combined 99.9% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +7.6%), while shipments for the other leaders experienced a decline.

In value terms, Germany ($X), Belgium ($X) and France ($X) constituted the largest markets for gravel, pebbles and crushed stone for concrete and road aggregates exported from Luxembourg worldwide.

Among the main countries of destination, Germany, with a CAGR of -0.8%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

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, reducing by -22.7% against the previous year. In general, the export price showed a abrupt contraction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 32%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Belgium ($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 (+0.6%), while the prices for the other major destinations experienced a decline.

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

Imports into Luxembourg

After two years of decline, overseas purchases of gravel, pebbles and crushed stone for concrete and road aggregates increased by 51% to X tons in 2021. In general, total imports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +9.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of gravel, pebbles and crushed stone for concrete and road aggregates surged to $X in 2021. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +7.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Belgium (X tons) and France (X tons) were the main suppliers of imports of gravel, pebbles and crushed stone for concrete and road aggregates to Luxembourg, with a combined 100% share of total imports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +17.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest gravel, pebbles and crushed stone for concrete and road aggregates suppliers to Luxembourg were Germany ($X), Belgium ($X) and France ($X), together comprising 99% of total imports.

France, with a CAGR of +11.0%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

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, waning by -7.8% against the previous year. Overall, the import price showed a noticeable decline. The pace of growth was the most pronounced in 2016 an increase of 28%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+1.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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