Russian Federation: 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 the Russian Federation

The Russian market for gravel, pebbles and crushed stone for concrete and road aggregates shrank rapidly to $X in 2021, with a decrease of -31.7% against the previous year. Over the period under review, consumption faced a abrupt curtailment. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Production of Gravel, Pebbles And Crushed Stone for Concrete and Road Aggregates in the Russian Federation

In value terms, production of gravel, pebbles and crushed stone for concrete and road aggregates rose notably to $X in 2021 estimated in export price. Overall, production recorded strong growth. The pace of growth appeared the most rapid in 2017 with an increase of 113%. Over the period under review, production of attained the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

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

Exports from the Russian Federation

For the fifth year in a row, Russia recorded growth in overseas shipments of gravel, pebbles and crushed stone for concrete and road aggregates, which increased by 13% to X tons in 2021. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 200% against the previous year. The exports peaked in 2021 and are likely to continue growth in years to come.

In value terms, exports of gravel, pebbles and crushed stone for concrete and road aggregates surged to $X in 2021. Overall, exports continue to indicate a significant increase. The growth pace was the most rapid in 2017 when exports increased by 127%. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Belarus (X tons) and Kazakhstan (X tons) were the main destinations of exports of gravel, pebbles and crushed stone for concrete and road aggregates from Russia.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belarus (with a CAGR of +112.9%).

In value terms, Belarus ($X) remains the key foreign market for gravel, pebbles and crushed stone for concrete and road aggregates exports from Russia, comprising 67% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a 27% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Belarus totaled +79.1%.

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, surging by 5.5% against the previous year. Over the period under review, the export price, however, recorded a noticeable descent. The pace of growth was the most pronounced in 2017 an increase of 103% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($X per ton), while the average price for exports to Kazakhstan totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (-16.0%).

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

Imports into the Russian Federation

In 2021, imports of gravel, pebbles and crushed stone for concrete and road aggregates into Russia declined sharply to X tons, waning by -33.9% compared with 2020. Over the period under review, imports saw a slight reduction. The most prominent rate of growth was recorded in 2017 with an increase of 111%. Over the period under review, imports of hit record highs at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, imports of gravel, pebbles and crushed stone for concrete and road aggregates shrank slightly to $X in 2021. In general, imports faced a drastic downturn. The pace of growth was the most pronounced in 2020 when imports increased by 5.6% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Norway (X tons) constituted the largest supplier of gravel, pebbles and crushed stone for concrete and road aggregates to Russia, accounting for a 49% share of total imports. Moreover, imports of gravel, pebbles and crushed stone for concrete and road aggregates from Norway exceeded the figures recorded by the second-largest supplier, Sweden (X tons), twofold. Belarus (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Norway was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+2.3% per year) and Belarus (+28.6% per year).

In value terms, the largest gravel, pebbles and crushed stone for concrete and road aggregates suppliers to Russia were Belarus ($X), Ukraine ($X) and Norway ($X), with a combined 93% share of total imports.

Belarus, with a CAGR of +16.0%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average import price for gravel, pebbles and crushed stone for concrete and road aggregates amounted to $X per ton, picking up by 49% against the previous year. Overall, the import price, however, faced a deep reduction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 66% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (-6.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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