Sweden: 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 Sweden

In 2021, after four years of decline, there was growth in the Swedish market for gravel, pebbles and crushed stone for concrete and road aggregates, when its value increased by 0.7% to $X. In general, consumption, however, recorded a perceptible reduction. The growth pace was the most rapid in 2016 when the market value increased by 3% against the previous year. Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

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

In value terms, production of gravel, pebbles and crushed stone for concrete and road aggregates reached $X in 2021 estimated in export price. Over the period under review, production, however, saw a pronounced shrinkage. The pace of growth was the most pronounced in 2013 when the production volume increased by 1.8%. As a result, production attained the peak level of $X. From 2014 to 2021, production of growth failed to regain momentum.

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

Exports from Sweden

Exports of gravel, pebbles and crushed stone for concrete and road aggregates from Sweden rose remarkably to X tons in 2021, with an increase of 10% compared with 2020 figures. Over the period under review, exports, however, continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2015 when exports increased by 70%. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of gravel, pebbles and crushed stone for concrete and road aggregates soared to $X in 2021. Overall, exports, however, saw a abrupt setback. The pace of growth was the most pronounced in 2017 with an increase of 60% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Denmark (X tons) was the main destination for exports of gravel, pebbles and crushed stone for concrete and road aggregates from Sweden, with a 50% share of total exports. Moreover, exports of gravel, pebbles and crushed stone for concrete and road aggregates to Denmark exceeded the volume sent to the second major destination, Russia (X tons), fourfold. Poland (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Denmark was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-10.7% per year) and Poland (-9.6% per year).

In value terms, Denmark ($X) remains the key foreign market for gravel, pebbles and crushed stone for concrete and road aggregates exports from Sweden, comprising 48% of total exports. The second position in the ranking was held by Russia ($X), with a 9.4% share of total exports. It was followed by Norway, with an 8.9% share.

From 2012 to 2021, the average annual growth rate of value to Denmark was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-12.8% per year) and Norway (+2.9% per year).

Export Prices by Country

The average export price for gravel, pebbles and crushed stone for concrete and road aggregates stood at $X per ton in 2021, rising by 12% against the previous year. In general, the export price, however, saw a slight descent. The most prominent rate of growth was recorded in 2016 when the average export price increased by 14%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Poland ($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 Lithuania (+2.5%), 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 Sweden

In 2021, approx. X tons of gravel, pebbles and crushed stone for concrete and road aggregates were imported into Sweden; growing by 6.4% against the year before. In general, imports recorded a noticeable expansion. The most prominent rate of growth was recorded in 2019 with an increase of 102%. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of gravel, pebbles and crushed stone for concrete and road aggregates skyrocketed to $X in 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 53% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2012; afterwards, it flattened through to 2021.

Imports by Country

Denmark (X tons), Finland (X tons) and Norway (X tons) were the main suppliers of imports of gravel, pebbles and crushed stone for concrete and road aggregates to Sweden, with a combined 93% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Denmark (with a CAGR of +12.3%), 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 Sweden were Finland ($X), Denmark ($X) and Norway ($X), together comprising 75% of total imports.

Denmark, with a CAGR of -0.1%, 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 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, surging by 12% against the previous year. Overall, the import price, however, showed a pronounced slump. The pace of growth was the most pronounced in 2020 when the average import price increased by 26%. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Norway ($X per ton), while the price for Estonia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (-1.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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