SADC: 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 SADC

In 2021, the SADC 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. The total consumption indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -28.5% against 2018 indices. 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.

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

In value terms, production of gravel, pebbles and crushed stone for concrete and road aggregates rose to $X in 2021 estimated in export price. The total production indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -25.8% against 2018 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by 25%. As a result, production attained the peak level of $X. From 2019 to 2021, production of growth remained at a lower figure.

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

Exports in SADC

In 2021, overseas shipments of gravel, pebbles and crushed stone for concrete and road aggregates decreased by -2.9% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, exports saw a noticeable decrease. The growth pace was the most rapid in 2013 with an increase of 174% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports of remained at a lower figure.

In value terms, exports of gravel, pebbles and crushed stone for concrete and road aggregates surged to $X in 2021. In general, exports showed a abrupt decline. The pace of growth was the most pronounced in 2015 when exports increased by 36% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Zambia prevails in aggregates structure, finishing at X tons, which was approx. 88% of total exports in 2021. It was distantly followed by South Africa (X tons), constituting an 8.7% share of total exports.

Zambia was also the fastest-growing in terms of the gravel, pebbles and crushed stone for concrete and road aggregates exports, with a CAGR of +16.7% from 2012 to 2021. South Africa (-3.8%) illustrated a downward trend over the same period. Zambia (+73 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) emerged as the largest gravel, pebbles and crushed stone for concrete and road aggregates supplier in SADC, comprising 63% of total exports. The second position in the ranking was taken by Zambia ($X), with a 30% share of total exports.

In South Africa, exports of gravel, pebbles and crushed stone for concrete and road aggregates increased at an average annual rate of +3.5% over the period from 2012-2021.

Export Prices by Country

The export price in SADC stood at $X per ton in 2021, jumping by 39% against the previous year. Over the period under review, the export price, however, continues to indicate a deep setback. The pace of growth was the most pronounced in 2019 an increase of 47% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Zambia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+7.6%).

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

Imports in SADC

In 2021, approx. X tons of gravel, pebbles and crushed stone for concrete and road aggregates were imported in SADC; rising by 96% against the previous year. In general, imports showed prominent growth. The pace of growth appeared the most rapid in 2013 when imports increased by 445% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of gravel, pebbles and crushed stone for concrete and road aggregates skyrocketed to $X in 2021. Over the period under review, imports, however, faced a abrupt contraction. The most prominent rate of growth was recorded in 2017 with an increase of 131%. Over the period under review, imports of hit record highs at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Namibia prevails in aggregates structure, amounting to X tons, which was approx. 87% of total imports in 2021. It was distantly followed by South Africa (X tons), achieving an 8.2% share of total imports. Botswana (X tons) took a little share of total imports.

Namibia was also the fastest-growing in terms of the gravel, pebbles and crushed stone for concrete and road aggregates imports, with a CAGR of +44.9% from 2012 to 2021. At the same time, Botswana (+18.5%) displayed positive paces of growth. By contrast, South Africa (-1.6%) illustrated a downward trend over the same period. While the share of Namibia (+73 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of South Africa (-32.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X), Namibia ($X) and Botswana ($X) were the countries with the highest levels of imports in 2021, with a combined 70% share of total imports.

Among the main importing countries, Namibia, with a CAGR of +7.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2021, the import price in SADC amounted to $X per ton, reducing by -35% against the previous year. Over the period under review, the import price faced a dramatic setback. The pace of growth was the most pronounced in 2016 an increase of 38%. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Africa ($X per ton), while Namibia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (-0.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform