MERCOSUR: 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 MERCOSUR

The MERCOSUR market for gravel, pebbles and crushed stone for concrete and road aggregates was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption, however, showed a slight contraction. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

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

In value terms, production of gravel, pebbles and crushed stone for concrete and road aggregates rose markedly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a mild setback. The growth pace was the most rapid in 2015 with an increase of 21%. The level of production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

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

Exports in MERCOSUR

In 2021, overseas shipments of gravel, pebbles and crushed stone for concrete and road aggregates were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Overall, exports, however, recorded a dramatic decrease. Over the period under review, the exports of hit record highs at X tons in 2013; however, from 2014 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. Over the period under review, exports, however, showed a deep downturn. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Brazil (X tons) and Paraguay (X tons) represented roughly 77% of total exports in 2021. It was distantly followed by Peru (X tons), mixing up a 15% share of total exports. Uruguay (X tons) and Argentina (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Argentina (with a CAGR of +13.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Peru ($X) remains the largest gravel, pebbles and crushed stone for concrete and road aggregates supplier in MERCOSUR, comprising 61% of total exports. The second position in the ranking was held by Argentina ($X), with a 16% share of total exports. It was followed by Brazil, with a 12% share.

In Peru, exports of gravel, pebbles and crushed stone for concrete and road aggregates expanded at an average annual rate of +18.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Argentina (+16.1% per year) and Brazil (-2.3% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2021, waning by -1.6% against the previous year. In general, the export price, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2020 an increase of 57%. As a result, the export price attained the peak level of $X per ton, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Argentina ($X per ton), while Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Peru (+5.0%), while the other leaders experienced more modest paces of growth.

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

Imports in MERCOSUR

In 2021, approx. X tons of gravel, pebbles and crushed stone for concrete and road aggregates were imported in MERCOSUR; increasing by 62% compared with 2020 figures. In general, imports posted a buoyant increase. The most prominent rate of growth was recorded in 2013 with an increase of 79%. Over the period under review, imports of attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, imports of gravel, pebbles and crushed stone for concrete and road aggregates skyrocketed to $X in 2021. Total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Guyana dominates aggregates structure, finishing at X tons, which was near 95% of total imports in 2021. Brazil (X tons) followed a long way behind the leaders.

Guyana was also the fastest-growing in terms of the gravel, pebbles and crushed stone for concrete and road aggregates imports, with a CAGR of +28.5% from 2012 to 2021. Brazil (-7.1%) illustrated a downward trend over the same period. Guyana (+56 p.p.) significantly strengthened its position in terms of the total imports, while Brazil saw its share reduced by -17.9% from 2012 to 2021, respectively.

In value terms, Guyana ($X) constitutes the largest market for imported gravel, pebbles and crushed stone for concrete and road aggregates in MERCOSUR, comprising 89% of total imports. The second position in the ranking was taken by Brazil ($X), with a 1.5% share of total imports.

In Guyana, imports of gravel, pebbles and crushed stone for concrete and road aggregates expanded at an average annual rate of +33.2% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in MERCOSUR amounted to $X per ton, jumping by 17% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2017 when the import price increased by 41%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Guyana ($X per ton), while Brazil stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Guyana (+3.7%).

Source: IndexBox Platform